A new study has indicated the German betting market
is expected to become one of the dominant markets in Europe.
The study conducted by consultancy company MECN says the
industry experts expect German betting providers, both
state-controlled and privately-operated, might see total
betting stakes grow from E2.2bn a year to E5bn by 2010.
Despite accounting for more than 70% of betting sales,
the legal status of the private providers continues to
be far from clear.
The Federal Constitutional Court is expected to render
a landmark decision early in 2006 and MECN says this
will either set the course for growth, or will opt to
return to the old model.
The future development of the market depends on the
court decision.
Martin Oelbermann, director of MECN, said:
“Although many experts anticipate the Federal
Constitutional Court’s decision to be a rather
liberal one, nothing is known for sure yet.
Starting this fall, both state-controlled
and private providers will focus all their
energy on lobbying.”
The number of private betting offices is
growing rapidly and their number is presently
estimated at around 2,500.
Oelbermann added: “Until now, the betting industry
in Germany has been one of the great unknowns,
and there was only sketchy information available
about its size, structure and relevant providers.”
source : egr magazine
