German states working on new online gambling framework

[The Buzz]

A press release issued at the German Prime Minister’s Conference in Warnemünd announced that the German states are working towards repealing the country’s 2012 gambling act, which has proved "ineffective at creating appropriate business conditions for the gambling sector and its stakeholders."

According to an article on GamblingInsider.com:

The 2012 State Treaty allowed for the provision of online sports betting options, however, it put a cap on the number of gambling companies that could operate in the local market to just 20.

The decision was highly disapproved and reproached by European authorities, operators, and other involved parties.

According to a ruling by the Fifth Chamber of the Administrative Court of Wiesbaden, the 20 licences cap violated European Union-wide standards for the “freedom to provide services”.

As one of Europe’s most lucrative and prominent gambling markets, it is unsurprising that dozens more firms than the allocated 20 sought to be approved for a German licence.

Here's a link to the entire article: https://www.gamblinginsider.com/news...ling-framework

[Ladiepre]

In the long run, I think that this move will come with adverse effects. Germany has one the most lucrative industries in Europe and this Treaty will not sustain the casino industry.

[Syndicate]

Germany haven't been able to get their act together in 14 years, so why now? Not that i'm complaining, best move i ever made was taking advantage of the German legal situation!