Germany shuts down illegal online betting network with €5.8 billion turnover over 2.5 years

German authorities have disrupted an illegal online betting network that generated €5.8 billion in turnover over 2.5 years. For PSPs, acquirers, and banks, the useful bit is not the headline number alone, but the scale: this was not some side project running on pocket change.

1. According to the source, the network operated in Germany and was involved in online betting without authorization.
2. The reported turnover was €5.8 billion across a period of 2.5 years, which puts the operation firmly in the category of large-volume illicit flow rather than a small one-off scheme.
3. The activity was stopped by German authorities, but the source does not provide additional details on the operators, the payment routes, or any specific enforcement measures.