German sports betting market remains restricted

It’s been a year since the commencement of the First Amendment to the Interstate Treaty on Gambling and it looks as if the German market is not ready to open up yet. This concerns some of the main European gaming companies as German regulations are tougher than they’d expected.

The Treaty suggested a reformation of gambling in Germany as the European Court of Justice (ECJ) announced that the German regulation violated the European law in 2010. As a way of fighting the gambling addiction and blocking the black market, the Treaty suggested that the market will only be available to 20 sports betting providers for a seven year period.

The European Comission made it clear to show its concerns about the German regulation, specifically to the limitation of providers and the Treaty’s lack of interest of casino games and online poker. The Comissions does not see the relationship of how a registration, with an overall number of licenses is ideal to reach the aimed goals. The limited boundaries inflicted on the sports betting organisation makes it very difficult to offer an appealing sports betting offer in Germany.

Recent Posts and Southampton extend their partnership

Southampton Football Club have announced the extension of its partnership with the Coingaming Group as Main Club Partner. With the…

5 days ago

Wyoming passes House Bill 133, allowing online sports betting and becomes first state to allow cryptocurrency to fund accounts

This week, Wyoming passed a House Bill that would legalize online sports betting in the state and it joined a…

1 week ago

Media powerhouse David Levy appointed Chairman at Genius Sports

Genius Sports has appointed sports industry pioneer David Levy as its new Chairman. In his new role, Levy will lead…

4 weeks ago

Unibet offering Gamban self exclusion tool to its US players

In a press release this morning, Kindred Group announced that it has partnered with Gamban to offer Unibet’s US customers…

1 month ago

UK announces reopening of betting shops; BGC lobby to delay Grand National

With the UK government announcing their roadmap towards ending its restrictions by end of June gradual reopening of businesses. English betting…

2 months ago

Betway to enter US Market

Digital Gaming Corporation (DGC) and Betway have partnered up in an order to set their first steps together in the…

2 months ago