As pioneers in online sports betting reclaims, Gamesright has been financing proceedings against European gambling operators since 2021. A case financed by Gamesright has just become the first to make it to the Federal Court of Justice (BGH) (we reported).
For over a decade, online sports betting providers without a German license have offered prohibited bets. They cite licenses from abroad and negligence on the part of the German authorities. The ones who suffer are the players who believed the providers' advertising. Almost all of them have lost their money. Many have also lost their families and their livelihoods. The Federal Government's gambling atlas speaks of 1.3 million citizens with gambling disorders.
Now the Federal Court of Justice intends to rule in favor of the player in a decision that has not yet been published! The provider must then refund his money. The chances of all affected consumers have thus increased dramatically! Because it is common for local courts to follow the legal opinion of the Federal Court of Justice.
“The chances of all affected consumers have increased dramatically!”
The German press is reporting euphorically about the player-friendly decision. SPIEGEL, BILD, Zeit, Hamburger Abendblatt, Welt, Süddeutsche Zeitung, FAZ and many others specifically mention Gamesright.
Bild.de, for example, headlined on April 5, 2024:
„Claim back sports betting losses: How to get your money„
According to some experts, the BGH has left open whether players' claims expire after three or ten years. Money previously paid in can no longer be reclaimed after this period. The statute of limitations can be stopped by filing a lawsuit quickly. Those affected should therefore act immediately and seek legal advice. Gamesright bears all associated costs and only receives a share if money is actually paid back. Those affected therefore have no costs and no financial risks now - they can only win.
Conclusion
With the advisory decision of March 22, 2024, the Federal Court of Justice has clearly shown the direction in which its ruling will go. It is thereby encouraging all affected players to recoup their losses. At the same time, it is sending a clear signal to all providers who have offered online sports betting without a German license.
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Would you like to finance a claim or sell your claim? Please use our application form on www.gamesright.com