Schleswig-Holstein Issues First German Online Casino Licenses
Schleswig-Holstein has made history as the first German state to award licenses to commercial operators for live casino and table games.
Germany’s gaming industry generally faces significant challenges from a thriving black market.
LISTEN TO THIS ARTICLE:Last week, the state announced that it had issued licenses to various operators, including Bluebet, Tipico, Skill on Net, and Austrian casino Cashpoint, to offer online casino games in its jurisdiction.
All the new licensed operators are required to comply with player protection regulations and anti-money laundering laws, as stated by Schleswig-Holstein’s Ministry of the Interior.
While the federal gaming regulator, the Gemeinsamen Glücksspielbehörde der Länder (GGL), issues licenses for online slots and poker in Germany, each of the country’s 16 states retains the authority to grant licenses for online casino games.
By allowing an attractive online offer, we want to prevent players from taking advantage of illegal offers if they want to play the games they know from casinos online, for example, and thus strengthen legal gambling.
More Regulation News
Germany’s Unlicensed Gambling Market Challenge
Germany’s gaming industry generally faces significant challenges from a thriving black market. According to the GGl, the black market contributed 4% of the sector’s total GGR in 2023. However, industry stakeholders contend that this figure underestimates the scope of the online black market. The Deutsche Online Casinoverbrand (DOCV), a local trade body in Germany, placed the accurate figures to 20% of the country’s GGR.
The significant presence of the illegal gambling market in Germany has been attributed to regulatory delays and restrictive advertising policies for licensed operators.
In June, GGL launched a study to investigate the effects of TV and online gambling ads on problem gambling behavior. With the research, the GGl aims to identify which provisions effectively protect vulnerable individuals from gambling advertisements and which require improvement.
RELATED TOPICS: Regulation
Latest News
Most Read
New Jersey Makes Significant Change to Gambling Self-Exclusion Program
Dec 24, 2024Must Read
Interviews
When Helping Others Is a Life-Long Mission - An Interview with Gordon Moody CEO, Monica Shafaq
Dec 17, 2024
Interviews
Review this New Post
Leave a Comment
User Comments
Comments for Schleswig-Holstein Issues First German Online Casino Licenses