German Betting Market Flying

The consulting company MECN has produced a study examining the fast growing German betting market and addressed many open questions about this industry sector.

Market experts expect a further decisive milestone early in 2006 when Germany’s Federal Constitutional Court will finally set the course either for “enormous growth or for a return to the old model.”

In other words, it is time to analyse this sector closely and replace speculation with information. Martin Oelbermann, director of MECN, adds: “Up to 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.”

The future development of the market and potential scenarios depend on the courts’decision. As Martin Oelbermann explains: “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.” Clearly, suspense and excitement still characterize this market, which is well worth a closer analysis.
Source: - 2005-10-25 11:39:03

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