Wettarena awarded sports betting license in Germany

Wettarena seeks to open betting offices in every major German city. Its branch in Bochum will have 1,600 square meters, becoming one of the largest betting shops in Germany.

2020-10-14

Germany

Reading time 1:23 min

In addition to the online sports betting offer on www.wettarena.de, many betting arena branches are currently being built, including betting shops in North Rhine-Westphalia, Baden-Württemberg, Hesse, Lower Saxony, Saxony and other locations.

The Darmstadt Regional Council has approved IBC Sportsbetting a license to organize online and land-based sports betting in Germany under the name Wettarena.

Sales Manager of Wettarena, Halil Kopal, has set himself the goal of having his own betting offices in every major German city, G3 Newswire reports. IBC Sportsbetting became one of the first seven sports betting providers to receive this hybrid license.

For a long time, it was not clear what the future of online sports betting would be like in Germany, as this was previously only legal in Schleswig-Holstein. With the concession in Hesse, IBC Sportsbetting is now entitled to offer sports betting under the name Wettarena. The regulation does not only apply to Hessen, but also entitles IBC Sportsbetting Ltd. to sell its offer nationwide.

Gökhan Balkaya, Managing Director and Owner of IBC Sportsbetting, stated: “For us, the years of hard work and waiting for the concession have finally paid off. We are pleased to be represented on the German market as an independent betting provider and look forward to a successful entrepreneurial future. We would also like to thank our former partner Bet3000 for the successful cooperation and wish them all the best.”

After separating from Bet3000, Wettarena is looking to significantly expand its market share. In addition to the online sports betting offer on www.wettarena.de, numerous new openings of land-based betting shops are on the horizon along with shops based on the franchise model planned by the end of the year.

Many betting arena branches are currently being built, including betting shops in North Rhine-Westphalia, Baden-Württemberg, Hesse, Lower Saxony, Saxony and other locations. Wettarena seeks to set an example with its branch in Bochum in particular: with around 1,600 square meters, it will be one of the largest betting shops in Germany. In addition to gigantic video walls on which all relevant sports events are broadcast, the branches are equipped with high-quality, state-of-the-art technology.