GML Interactive acquires BETKICK. Germany marks the 4th operating market for the Group, under its international brand BETANO
ΒΕΤΑΝΟ announces sponsorship agreement with VfB Stuttgart
GML Interactive announces the acquisition of 100% of the share capital of BETKICK Sportwettenservice GmbH, an Austrian gaming company with presence in both offline and online markets in Austria and Germany.
Betkick operates in Germany as one of the 35 companies which have fulfilled the requirements set out in the 2012 German sports betting tender. As per the licensing process and the applicable regulation, the company can legally operate until the new licenses are issued.
GML’s entrance into the German market represents a milestone in the execution of the company’s expansion strategy. GML is a licensed operator in several EU countries (Greece and Cyprus under Stoiximan branding and Romania under its international brand BETANO. The betano.com brand will be also used in Germany.
As one of its initial actions in Germany, BETANO secured a three-year agreement with VfB Stuttgart as the team’s official betting sponsor.
With this agreement, VfB Stuttgart has become a significant member of the Group’s sponsorship family. This family includes Olympic gold medalists, national teams, the Romanian Football League, two of Greece’s most popular football teams (Olympiacos FC and PAOK FC), three football teams in Cyprus, Craiova in Romania amongst many others.