Frankfurt court convicts two sports betting executives over €2.16m tax evasion
Frankfurt Regional Court convicted two managing directors of a sports betting provider in Germany for tax evasion totalling €2.16 million. The court sentenced the older defendant to two and a half years in prison and gave the younger man a suspended sentence of one year and nine months; the older defendant's conviction is not final.
The convictions establish criminal consequences for sports-betting tax evasion, though the older defendant’s conviction is not final.