Betfair Nixes German Football Sponsorship

This story was published more than 11 years ago.

UK based betting exchange Betfair has announced that it has opted out of its sponsorship deal with German Bundesliga Football club Bayer Leverkusen.

The voiding of the deal comes with mutual consent of both parties, although the sponsorship deal was agreed to just last June.

No official details have been given for the opt out, but it appears that increased taxes on sportsbetting wagers likely played a role in the decision.

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Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.