Is Germany being greedy or looking out for the safety of German players?

Author: Live Casino Direct
 
Is Germany being greedy or looking out for the safety of German players?
Super Slots

The Casino Wiesbaden opened its doors in 1810. In the 1930s and 40s, gambling was prohibited in Germany. The Interstate Gambling Treaty was enforced in 2008. Online casinos were allowed to operate in Schleswig Holstein. In five years, over 50 online casinos operated in the state.

The current gambling laws and regulations in Germany are not clear. For several years, online gambling activities were only legal in the Schleswig Holstein State. The Interstate Treaty on Gambling 2021 made clear distinctions between land-based and online casino games. Online casino operators can apply for licences to offer certain online casinos games with several restrictions.

The Interstate Treaty on Gambling established the Joint Gabbling Authority that will be responsible for issuing remote gaming licences. However, the agency will not be operational until early 2023. The black market is taking over the regulated iGaming market in Germany. Gifting operators in the country collected over US$17 billion in revenues in 2019 and around US $5 billion by 2020. The OASIS self-exclusion system went live on August 2. Many believe it created an unwelcoming, unattractive framework for companies that want to operate legally in German casinos.