Betting News

Dazn Bet receives a license for sports betting in Germany

Dazn Bet, an online sports betting & casino operator, has received a license to offer sports betting in Germany. The license has been granted by the Gemeinsame Glücksspielbehörde der Länder (GGL). Dazn Bet now joins the list that has operators like 888, Jackpot50, and Tipico. Registered in Malta, Dazn Bet is set to operate under the German domain of Daznbet.de.

The scope of its operations, that is the estimate of the number of customers it is targeting and the monetary value that it seeks to achieve, are currently unavailable. However, Dazn Bet attaining this feat in a geographical location is praise-worthy. For one, it gains access to a new territory to expand its footprints. Second, this is an expansion with strengthening the presence in the German market.

Call it a two-way street, for people residing in Germany will now be able to place their sports bets on a new platform. Dazn Bet stands out in the list of German betting sites with its odds offerings and coverage of all the major sports events. Other operators in the region are Stake, 1xBit.com, CoinPlay, BC.Game, and Duelbits, to mention a few.

Granting a license to Dazn Bet is a move that Germany was looking forward to. As more operators choose to apply for the license and get officially registered, more players will join the platforms with the confidence that they are protected by relevant authorities. Per the numbers made available by GGL, almost 203 unlicensed operators are functioning in the region. This comes as a threat since players on that platform are exposed to data leaks, fund theft, and other malicious activities.

The number stands true as of December 2022, underlining that they are operating with more than 843 German-language sites.

Dazn Bet is a result of the association between Dazn and Pragmatic Play. Their collaboration was announced in the middle of April 2022, that is the previous year. Pragmatic Play, the supplier of iGaming content, acknowledged this as an honor of working with Dazn, adding that they were merely fulfilling the wishes of the fans of the operator. The statement was echoed by Ashley Lang, the Pragmatic Solutions Chief Executive. Ashley called it an exclusive partnership and stated that the demands of the fans were to have an interactive experience through this partnership.

Dazn called this a trend in the direction of recreating in-play betting, also highlighting that the business will enable them to deliver fun in the most convenient way possible with an integrated experience for those who casually appear on the platform to place bets.

Daznbet.de will now work to share a list of promotions for players. It could relate to rolling out a welcome bonus or deposit bonus for new and existing players. Obviously to say, promotions could be different for both types of players.

Michael Grant

Michael writes news articles covering covering whole casino industry. He is passionate about online poker games. He regularly contributes in-depth news stories regarding casino industry and legislations.

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