Casino Rules and Regulations in Germany You Should Know About
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Online casinos and gambling are gaining popularity in Germany. The rules and regulations governing the industry are complicated, but the Interstate Treaty on Gambling 2021 provides new licensing possibilities for persons in this industry. The ISTG 2021 defines rules on tax rates, licensing conditions, and advertising.
There are conflicting views on online casinos and gambling in Germany. The Interstate Treaty on gambling was introduced to help find a legal solution to the prevailing gambling issues. 16 states have different views concerning gambling. Schleswig-Holstein wants to change the laws. It is disadvantageous for customers to use black market providers.
New rules for online gambling in Germany came into effect in July 2021. Restrictions were imposed to facilitate gamers with protection and prevent gambling addiction. There are limits on in-game sports betting, limits for spin-stakes, and limits to slot machines. Any online platform that breaches the rules is subject to sanctions.
The ISTG 2021 allows private companies to apply for licenses to offer online poker, virtual slot machines, and sports betting. The validity of these licenses lasts up to 5 years, upon which they should be renewed.
The German gambling rules describe gambling as a game of chance. Some aspects of the licensing process will be determined by the specific federal state. Online casinos in Germany will likely be licensed following the rules governing the operation of land-based and more traditional casinos.
New advertising rules regarding online gambling in Germany are strict. They prohibit gambling ads between 06.00 and 21. 00 hours and prevent cross-advertising. Sports betting ads are also banned. General and jersey sponsorship concerning sports teams is legal. Anyone found promoting gambling as a means of solving financial issues or giving misleading advertisements about online betting is subject to heavy penalties. The law strongly regulates targeted and direct advertising via telephone calls or texts. Germany has not been able to ensure its citizens and investors follow the rules to the letter.
