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Fair play off the field - Information Service Provider CRIF becomes first associated partner of the German Sports Betting Association
The information service provider CRIF becomes the first associated partner in the DSWV: The cooperation strengthens the DSWV and enlarges the network in the interest of members and partners.
The DSWV and its members are committed to a modern, competition-oriented further development of the German sports betting regulation in line with European law. Since this year, CRIF is now the first associated partner in the DSVW.
CRIF supports the providers in complying with the legal requirements on the identification process. As an information service provider, CRIF already serves many well-known gambling and sports betting providers and is a leader in the field of Identity, KYC, AML and Risk & Fraud Management. With this expertise, CRIF will actively support the interests of sports betting providers and ensure the necessary player protection.
"Especially in such a highly regulated area, it is important to provide a lot of information, remove concerns and break down barriers" said Dr. Frank Schlein, CEO of CRIF. "CRIF offers the right approach for clients' legally compliant KYC process with numerous solutions. With the knowledge, CRIF can work together with the DSWV and its members on new approaches and show new technical possibilities to legislatives. "
Founded in 2014, the German Sports Betting Association (DSWV) is the association of the leading German and European sports betting providers. Based in Berlin, the DSWV sees itself as a public contact, especially for politics, sports and the media. Its 17 members, representing between 80 and 90 percent of the tax-paying sports betting market in Germany, all hold nationwide sports betting licenses under the Third State Treaty on Gambling Amendment or are in the application process. Since 2012, they have paid over EUR 2.5 billion in sports betting taxes in Germany. Most members are also active as sponsors in German professional sports.
"With CRIF, the DSWV gains its first associated partner. As the only voice of reliable sports betting providers, willing to be regulated, we warmly welcome companies licensed in Germany to our ranks," says Mathias Dahms (President of the DSWV) about the new partnership with CRIF. "Our goal is to continuously develop gambling regulation in Germany in a critical but constructive dialogue with politicians and authorities - even after the new State Gambling Treaty has come into force. This is because, with excessive monitoring of online players and severe product restrictions, politics has placed major obstacles on its own path. The market will have to show whether regulation will succeed this way. Here, the industry must pull together and continue to convince. With CRIF's expertise, we are gaining an important partner who knows the regulated markets very well and will help develop our association's work further."
