This announcement further highlights the bookmaker's status as a huge supporter of the biggest teams around the world, adding to their ever-growing portfolio of sponsorships.
Maik Brodowski, Betway’s Head of Marketing for Germany said: "It’s a great honour to be partnering with FC Schalke 04, one of the most recognised names in German football. We look forward to supporting the club and their ambitions to work their way back to the Bundesliga.
“In the following years, the premium partnership provides Betway with extensive advertising and marketing rights,” Brodowski added.
Alexander Jobst, Schalke’s board member for Marketing, Sales & Organization, said: "Together with Betway we agreed on a long-term partnership, which guarantees us security through the new legal regulation of gaming in Germany.
“We are delighted to have gained a strong partner in Betway in this everchanging competitions,” Jobst concluded.
Source: GMB