Openda has been hit by a major setback after the company lost a major deal in Germany.

The company had signed a deal with Bayern Munich to acquire the rights to the Bundesliga for the next five years but this agreement was later cancelled due to a dispute over the price tag.

This decision has caused a lot of concern among investors and analysts who were expecting Openda to secure lucrative deals in the German market.

In response, Bayern Munich has announced that they will not be renewing their deal with Openda and will instead seek out other potential partners to secure their rights to the Bundesliga.

This news has shocked many in the sports betting industry as it comes at a time when the German market is experiencing a boom in investment and demand for sports betting products.

It remains to be seen how this decision will affect Openda's financial performance and whether or not it can recover from the loss of the Bundesliga deal.