The Limited Times

Now you can see non-English news...

Sports betting industry: sales slumped by 90 percent

2020-03-31T02:51:25.755Z


Leipzig (dpa) - The sports betting industry is in a crisis in view of the coronavirus pandemic and the lack of events.


Leipzig (dpa) - The sports betting industry is in a crisis in view of the coronavirus pandemic and the lack of events.

"We are very worried. The business is practically down to zero. Not only in the betting shops that have to be closed. But also online because hardly anything is happening anywhere. It is a global shutdown," said Mathias Dahms, who President of the German Sports Betting Association, the German Press Agency. "The sales volume has decreased by over 90 percent."

The main concern of the umbrella organization of 16 companies active in Germany is small business owners who operate one or more betting shops. "In principle, these currently have no income. Large international providers may have a cushion," said Dahms. At the moment it is difficult to say how things will go on.

German sports betting association

Source: merkur

All sports articles on 2020-03-31

You may like

News/Politics 2024-02-07T13:03:16.611Z
News/Politics 2024-02-07T13:43:34.522Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.