Microgaming documents German plans in embrace of regulatory regime
$6,000 Welcome Bonus
Microgaming has voiced its support for Germany’s proposed online gaming regulations, and asserted commitment, “as a socially responsible business,” to providing players with a solution designed to prepare them for the new regime.
Germany intends to implement an online slots licensing regime for commercial operators, introducing a raft of new measures designed to promote social responsibility and minimise gambling-related harm.
New directives include a five-second interval between reel spins, monthly deposit caps, and a maximum stake limit, while all online gaming products must be presented in the German language.
Leon Thomas, commercial director at Microgaming, commented: “As a socially responsible business, Microgaming broadly supports the regulatory changes in Germany, where we will be providing our customers with a solution that includes some of our most popular and successful titles – long before the new gambling laws coming into force next year.”
The new rules will officially come into effect in July 2021, after which the relevant licences can be issued. In the meantime, there will be a policy of transitional tolerance, whereby operators can engage with the market provided they adopt the new regulatory measures. Those that ignore the new regulations may be excluded from the future official licensing procedure.
The company says that it intends to launch a solution by October 15 that conforms with the ‘Tolerance Policy,’ a move it noted would allow clients “to be technically ready to enter the German market at the flick of a switch”.
More than 150 games will be made available to Microgaming customers in the market, including top titles Book of Oz (Triple Edge Studios), 9 Masks of Fire (Gameburger Studios) and Bonanza (Big Time Gaming).
