Oddset Joins German Sports Betting Association for Legal Gambling Promotion

Oddset Sportwetten has officially become a member of the DSWV, marking its commitment to the cause of legal and responsible gambling in Germany. This strategic move comes at a crucial time as the country grapples with the prevalence of unlicensed operators, holding a substantial 50% market share. The DSWV, consisting of industry giants like Bet365 and Betway, focuses on safeguarding players and ensuring the integrity of the betting sector.

The persistent issue of unlicensed operators in Germany remains a pressing concern. A recent study commissioned by the German iGaming association (DOCV) and the DSWV, led by economist Gunther Schnabl from the University of Leipzig, highlighted that half of the country's gambling activity occurs on unlicensed platforms. This raises questions about the effectiveness of Germany's online gambling regulations.

Furthermore, a Gambling Atlas report disclosed that 7.7% of German adults face gambling-related problems, causing social and financial stress. Alarmingly, 3.3 million Germans are identified as being at risk of developing gambling addiction. Against this backdrop, industry powerhouse Entain has criticized the inefficiency of Germany's iGaming regulations, emphasizing the need for more robust measures.

Established in 2014, the DSWV acts as a representative for the sports betting industry, fostering communication between the betting sector, the government, and the public. Oddset's inclusion in this association signifies a united front in the battle against illegal operators, reinforcing the commitment to legal betting practices across the country.

This collaborative effort reflects a shared vision among industry leaders to address the challenges posed by the black market, emphasizing the importance of responsible gambling and player protection in Germany.