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Betano wins license to operate sports betting in Germany

Betano wins license to operate sports betting in Germany
Bookmaker has obtained license to operate sports betting in the European country.
by Academia   |   comments 0

Betano, one of the leading players in the betting industry, will begin operating its services in Germany after the Darmstadt Regional Council has granted it a license to carry out online betting within German territory. The country, in fact, is processing other licenses for companies in the segment, through its Interstate Treaty on Gambling.

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The company has been active since 2018 in the country, but has only now obtained the license to be an official operator in the German market, and already plans to launch its own website, betano.de, as soon as possible. The bookmaker is part of the company Kaizen Gaming, and operates, in addition to Greece (its host country), in Portugal, Romania and Brazil. In the South American country, the company sponsors Atlético Mineiro, stamping its name on the shirt of the Brazilian team.

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Clemens Kaiser, one of the company's managers in Germany, was pleased that the company finally got a license to operate legally in German territory. Kaiser also pointed out the importance of the country becoming more flexible in gambling regulation decisions. For him, with more precise regulation, it is easier for operators to adapt to the stipulated rules, thus guaranteeing security for players and financial return for the government.
 
With the license in hand, Betano is now making plans to grow and develop in the country. Kaiser assured that the company is studying ways to offer a differentiated and quality entertainment service to the German public, in addition to maximum security for its customers. Germany has some stipulated laws for the betting industry, which oblige licensed operators to follow strictly, as is the case with OASIS, a tool that blocks some users, especially minors, from taking advantage of the content on the platforms.

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