Germany’s Online Gambling Regulation- A Success or a Failure?
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Europe's biggest economy has finally regulated the field of online gambling. The main problem lies in the regulation of games and certain restrictions. Some believe the new regulations will force players to turn to the black market. Unibet has left the market due to such restrictions and they have a negative effect on users.
The new law is a step forward in terms of online betting regulation, but some parts of it are not compatible with EU laws nor with basic principles of human rights. The German Commission will review all the parts that seem critical and make required corrections. i in the Act. i.e. live streaming is banned on betting websites, one-minute delay is required for switching between different games on the same website, and a five-second delay when switching to different casino websites. Stake is limited to €1 on virtual slot machines. In order to gain the federal license, online casinos will have to meet these demands.
Germany’s Online Gambling Regulation is a success or a failure. Live streaming is banned on betting websites.
