Betway, the official betting partner of VfB Stuttgart, has revealed that it has extended its contract with the club for an additional three years until 2024 that sees it join the ranks of superior partners.
In terms of the contract Betway will benefit from a branding presence on surfaces inside the team’s Mercedes Benz Arena.
Stuttgart is due to kick off its 2021-22 Bundesliga campaign with a home match against Furth on 14th August.
Anthony Werkman, the Chief Executive Officer at Betway, commented on the contract by saying that VfB Stuttgart are one of the most successful football clubs in Germany, and they are very proud to be a premium partner for the next three years.
Werkman went on to say that the commitment reflects the ambitions of their brand, as the Bundesliga is recognized around the world as one of the most important football leagues.
Thomas Hitzlperger, Chief Executive Officer at VfB Stuttgart said that their partnership has proven its worth for both parties, even during a challenging time for football. He added that they are therefore very pleased that Betway is reaffirming its commitment to VfB and they look forward to a long term partnership.
Betway has a vast range of commercial deals in place across the professional sports market that includes other Bundesliga clubs SV Werder Bremen and Hertha BSC, as well as Stuttgart-based tennis event the MercedesCup.
In March of this year Betway secured an online sports betting license from the Regional Council of Darmstadt (DR Darmstadt) in Germany.