![]() Sportsbook operators must also adhere to strict requirements as per the conditions of those permits, including wagering limits of €1,000 ($1,209) per month, and maximum annual bonus amounts of €100 ($121) per customer. The Regional Council of Darmstadt awarded Germany’s first sports betting licenses in October last year. ![]() The new regulation also bans slot jackpots. Operators must block the ability to play multiple slots simultaneously and impose a blanket deposit limit of €1,000 ($1,209) across all player accounts. The legislation also includes a number of restrictions for online slots, including a €1 ($1.21) staking limit and a spin speed average of five seconds. The results of that research, published by Goldmedia on Thursday, suggested that the tax could result in 49% of gamblers playing on black-market sites. Entain, Flutter Entertainment, and Novomatic subsidiary Greentube commissioned a study into the potential impact of the measure. Tax could result in 49% of gamblers playing on black-market sitesĪ number of operators have warned that a proposed 5.3% tax on turnover for online slots and poker will cause low channelization levels. While the treaty will allow online casino and poker operators to enter Germany’s gambling market, it also includes a number of controversial elements which have caused concern among those in the gambling industry. However, they must comply with player protection guidelines and addiction prevention measures set out in GlüNeuRStV. The said authority will reside in Sachsen-Anhalt’s capital city of Halle from 2022.Īfter the introduction of an Interstate Treaty and Tolerance Policy in October last year, online casino operators are able to offer games in Germany prior to the July 1 date. It legalizes both online poker and casino, while also creating a new regulatory body to oversee the expanded market. ![]() ![]() It will now take effect in all of the nation’s federal states on July 1 2021.Īpproved by Germany’s heads of state in March last year, GlüNeuRStV will expand the country’s gambling options beyond just online sports betting. Der Glücksspielneuregulierungsstaatsvertrag (GlüNeuRStV) received approval from the 16th and final German state on Thursday. Germany’s Gambling State Treaty is all set to come into effect following its ratification by the parliament of Nordrhein-Westfalen in Düsseldorf. ![]()
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