Restrictive Market Opening Looks Set To Fail

30 June 2013 – By Huseyin Yilmaz

150€ Bonus from 888 Casino!
The most recommended
888 online casino on Internet

http://www.888.com

One year of the amended Interstate Treaty on Gambling in Germany, the European Gaming and Betting Association, has issued a statement that takes a pessimistic view of the restricted market opening for sports betting in Germany. The trade association represents most of Europe’s major online betting companies and is concerned on the developments concerning the German regulation and its implementation. The amended Interstate Treaty on Gambling entered into force on 1st July 2012 and according to it, the market is only open to 20 sports betting providers for a period of seven years. The purpose of the Treaty was to channel the black market and combat gambling addiction.

The European Commission immediately expressed concerns about the German regulation and fails to see how a restriction of the overall number of licenses is a suitable means to achieve the goals set. Besides the limitation of the number of operators, the Commission is also concerned on the Treaty’s failure to consider online poker and casino games. The narrow boundaries imposed on the organization of sports betting makes it extremely difficult to provide an attractive online casino sports betting offer for the German market. According to the trade organization, the new regulation on sports betting has proved unsuccessful and one year of the seven-year open period has already elapsed without any sports betting providers being admitted to the market.

It remains unclear when exactly the licenses will be granted as the procedure selected by federal state leaders to issue the 20 sports betting licenses does not meet European requirements. In addition, online poker and casino providers are not part of the limited market opening, despite the fact that this segment constitutes a much larger market portion than sports betting. The sluggish license allocation shows just how problematic the chosen regulatory model is. The European Gaming and Betting Association believes the issue can only be resolved if the regulatory approach is completely revised or the tender procedure is started again. In conclusion, the trade association states that German online casino customers have the right to receive an efficiently regulated offer that meets their demand for digital entertainment.

Latest Casino News

Two years and going strong! The summit of igaming in Malta has gained a lot of traction since it kicked off in 2014, with big gaming operators joining  more...
Blackjack bonuses can be very advantageous to you, if you take the time to seek around and look for them.  more...
Getting some extra money to use for video poker will let you to try out some of new games and increase your winning possibilities.  more...
This is a great time for you to do some hunting around to see what bonuses the online casinos offer during the upcoming Christmas season.  more...
Christmas time is a great time of the year for getting some amazing bonuses and increase of your chances of winning.  more...
Microgaming has just released a new racing themed online casino game that will surely please all the players in need for speed  more...
Online gambling developer Microgaming is getting ready for Christmas time with a new themed game and great jackpots  more...
The online gambling giant 888 Casinos has just released several exciting new and special offers for their passionate online casino players  more...
Casino bonus whoring is applied to players who goes from site to site using up all the bonuses they are allowed then move onto the next casino.  more...
Online casinos have lower operating costs and they offer extremely lucrative and rewarding bonuses to entice you to become a member with them.  more...
            
Newsletter Subscribe
Register to our newsletter and receive casino news and bonuses!
Name:
E-mail:
Mansion Casino
Our Certificates
      
       
//http://blockadblock.com/blockadblock_basic_script.php