Germany to limit slot stakes to €1

[The Buzz]

As it rearranges gaming regulations, Germany could set a slot stakes cap of €1 as lawmakers continue to discuss how to improve the regulation of the industry.

From iGaming Business;

In addition each spin must last at least five seconds, no autoplay function will be allowed, and licensees will not be able to offer slot jackpots. This effectively transplants the current regulations for gaming machines in arcades and pubs online, our source explained.

Online casino games, meanwhile, are defined as “virtual bankholder games” such as roulette and blackjack, as well as the broadcast of live versions of those games online.

When Schleswig-Holstein announced a breakthrough in negotiations yesterday (22 January), it noted that states would have the option to develop their own controls for online casino. According to iGB’s sources, this will mean the states have the option to extend their monopoly to cover "virtual bankholder games", or to offer as many licences to private operators as there are available for land-based casinos.

In most cases, this would only mean one online casino licence per state, the source explained. The most that would be available in a single state is three, to match the three bricks-and-mortar casinos in Hesse. Other sources have suggested that the states will have room for manoeuvre, however, to issue more licences.

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