The Darmstadt Regional Council has approved IBC Sportsbetting, a hybrid licence to offer both online and land-based sports betting in Germany under the name Wettarena.
For a very long time it was not clear what the future of online sports betting holds in Germany, as this was previously only legal in the state Schleswig-Holstein.
The new licence entitles IBC to sell its offer nationwide although it was obtained in a different state. With the new license IBC Sportsbetting is planning a major expansion in the German market.
Gökhan Balkaya, Managing Director and Owner of IBC Sportsbetting, said: “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 online sports betting offerings 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.
The new land-based concept offers a modern design. In addition to gigantic video walls on which all relevant sports events are to be broadcasted, the branches are equipped with high-quality, state-of-the-art technology.
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