One of Germany's states has been given the green light for online casinos and poker
Schleswig-Holstein has become the first German state to grant licences to commercial operators for offering online casino and table games. Tipico, BluBet, Cashpoint, and Skill on Net are now authorised to operate within the state while adhering to various player protection regulations. Interior Minister Sabine Sutterlin-Waak stated, "By enabling such appealing online options, we aim to deter individuals from resorting to illegal services. They should engage with familiar games in a legal online casino, thereby bolstering the legitimate gambling sector."
Under German law, operators can secure licences for online slots and poker through the federal gambling authority known as Gemeinsamen Glücksspielbehörde der Länder (GGL).
However, each of the 16 states possesses the autonomy to independently issue licences for table games and online casinos, separate from the central regulator. Germany is currently facing challenges with an escalating gambling “black market.” While experts predict this sector will represent approximately 4% of the total GDP (including land-based gambling) in 2023, industry advocates argue that the actual figure is much higher, estimating it at around 20%.
22 September 2024, 09:30
Casino and Games
Other news
Gambling adverts during football matches triple in UK
29 September 2024, 16:17
Merkur Group founder to step down as chairman after 67 years at the helm
29 September 2024, 09:22
Dutch players demand bookmakers refund their money
28 September 2024, 15:14
Flutter Enters Top 3 Largest Bookmakers in Brazil
28 September 2024, 10:08
DraftKings to Pay $200,000 Fine Over Social Media Post
27 September 2024, 15:41
Star Entertainment Group Reports Financial Downturn
27 September 2024, 10:54
Norfolk casino project approved by Architectural Review Board
26 September 2024, 14:37
Flutter Entertainment aims to triple profits
26 September 2024, 09:19
Five social casino ads banned in UK
25 September 2024, 10:27
Brazil's WA.Technology Acquires Onseo
24 September 2024, 17:24
ESPN Bet Could Launch in New York by Weekend
24 September 2024, 08:30
EveryMatrix Appoints Former Entain Employee as Product Director
23 September 2024, 17:03
Articles
Why will the Snaitech deal double Flutter's market share in Italy?
26 September 2024, 16:00
Hiring Talent from Different Industries: Why and How?
26 September 2024, 09:09
The Social Casino Phenomenon: Real Money and Databases for Bookmakers
20 September 2024, 17:18
Dividing the Peruvian Pie: Who Will Take Over the Market After the Regulatory Law?
20 September 2024, 14:10
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
13 September 2024, 11:00
Categories