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German State Treaty on Gambling Clears Final Hurdle

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German State Treaty on Gambling Clears Final Hurdle
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The state parliament of Sachsen-Anhalt has ratified Germany’s Fourth Amendment on the State Treaty on Gambling, which will now officially come into force on July 1.

The treaty already had the necessary approval of 13 states, but approval from Saxony-Anhalt was essential to the legislation since the state is to host the regulatory agency that will supervise gambling law and operators’ conduct under the new regime.

It’s been almost a decade since Germany’s Bundesrat first agreed to the establishment of a federal regime for online gambling, but the process of passing legislation was held up by disagreements between Germany’s states over rules, licensing requirements, taxation and protections for state-level monopolies.

Germany’s sports betting trade association DSWV welcomed the final ratification.

DSWV President Mathias Dahms said: “This is the beginning of a new age of gaming regulation in Germany. After sports betting, the federal states are now rightly regulating further online games of chance in order to finally control what is happening on the market.

“Consumers benefit from clarity and security: providers with a state seal of approval meet the highest standards of consumer and youth protection, gambling addiction and fraud prevention.”

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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