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Germany to Officially legalize online gambling and poker

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Germany to Officially legalize online gambling and poker
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Germany’s relationship with online gambling has been in a grey area for quite a long time. It was largely illegal, except for about 20-something operators who had permission. There were not many legal gambling sites in Germany, and the process of obtaining a license was extremely hard and complicated.

According to a new regulation that will take place starting the 1st of July, Germany will be legalizing online casinos and poker officially, on a state level. The legislation was passed at a meeting in Berlin.

When will it go into effect?

The changes will be implemented slowly as the regulatory body Glücksspiel Neuregulierung Staatsvertrag /GlüändStv/ will be instantiating online casinos and poker among legal ways to gamble online.

As of now, only sports betting will be allowed for companies who obtain the license from Darmstadt Regional Council, for which 30 companies have already submitted an application, and about the same number is allegedly making plans to do so in the near future.

What do you need to know?

Sports betting will also be one of the subjects that will undergo some changes with new guidelines. Mainly, live betting will be limited to a degree, specifically how the bets are made on final results and the next scorers.

Besides poker and sports betting, most other casino games will be fully allowed as well, including the oft-desired slots which are very popular all around the world. Due to their popularity, slots will come with some very strict guidelines that need to be followed by each and every casino offering them. As an example, the maximum bet per spin will be limited to €1, along with a mandatory €1000 deposit limit. Slots will also need to be advertised and offered separately from all other table games, and they may not be advertised between the times of 6AM and 9PM.

One of the main advantages that this change will bring is the safety of the consumer. As stated, online gambling is a grey area in many countries, and that includes Germany. The government officially stepping in to regulate the environment ensures that people may safely try out a lot of different casinos. Comparing the best casino bonus codes is something that many gamblers use as a main deciding factor for choosing an online casino, but what they often miss is the safety aspect of it, meaning how trustworthy and legitimate a casino is. There’s also the issue of reliability of the software itself, payment processing and more. With the government officially setting standards, the bar will be much higher, ensuring higher overall quality for all players.

While these regulations are in place for the consumer’s protection and are made with the best intentions in mind, many in the gambling community, and also from the regulatory environment as well, are quite discontent with these changes. The German Sports Association (DSWV) president responded that while this was a good and positive step towards modern and regulation-compliant gambling market, these changes also may lead to some “undesirable structural developments”, which may pose challenges for future regulations.

The primary concern that many experts have risen is that these changes and regulations may lead people to search for other international options where limits are much higher. This results in an increased risk of playing at websites that are, to an extent, shady, or worse – illegal. Benevolent as they may be, how these regulations turn out to work will only be shown by time, but for now, experts are optimistic in their anticipation.

Industry News

iGB L!VE announce LaunchPad, a new feature for start-ups with ‘innovation in their DNA’

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Industry professionals attending July’s edition of iGB L!VE will have access to a vibrant new feature which will showcase ground-breaking tech and innovation courtesy of the brightest start-ups and small businesses in gaming.

The iGB L!VE LaunchPad (Pulse Stage: 18 July 16.30hrs – 18.00hrs) will feature five companies to present their innovations to a panel of judges with each presentation followed by a probing Q&A session designed to interrogate the viability and commercial prowess of each product pitch.

Introducing the new feature Portfolio Director Naomi Barton, said: “iGB L!VE is constantly evolving in order to meet the business needs of stakeholders. The research programme that we undertake with customers has consistently highlighted a shared desire to always be ahead of the curve, being the first to access the very latest innovations from the start-up community is part of what iGB L!VE 2024 will deliver.

“In addition, we want to provide a platform for new talented businesses to grow by giving them extra exposure in front of an influential C-Level audience of industry investors and influencers.

“The top five products will be hand-selected by the iGB L!VE team and invited to present from the Pulse Stage. In order to help these businesses, we are providing cash prizes of £5,000 for the winner, £2,500 for second place and £1,000 for third.”

She continued: “We will be giving the feature an authentic iGB L!VE twist with the emphasis on competitive fun. To ensure this, I am delighted to confirm that 25+ year industry veteran and non-exec Clarion Gaming Chairman Michael Caselli has agreed to be our MC and will also head a panel of judges drawn from across the iGB L!VE community of industry professionals, investors and sponsors.

“Start-ups and small businesses which have innovation in their DNA can sign up for iGB LaunchPad at igblive by the 28 June deadline.”

iGB L!VE is the home of the igaming community and the only event that connects the leading igaming affiliates, operators, tech vendors, game providers and suppliers in order to maximise performance and drive tangible business growth in the following 12-18 months. iGB L!VE, which is the fastest growing igaming event, delivers unparalleled business opportunities with attendees having free access to in excess of 300 exhibitors and sponsors occupying 21,000+ square metres of gross space, a figure which is 35% higher than in 2023.

For more information on iGB L!VE (16-19 July 2024: Expo Days 17-18 July) and to register for free visit: igblive website

 

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Industry News

Ortak x B.F.T.H. Arena Awards 2024 Features Mr. First Ray by Endorphina

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The Ortak x B.F.T.H. Arena Awards 2024 welcomes Endorphina among other top game developers with its Mr. First Ray, a mystical slot game that captures the essence of dawn.

This year’s competition has seen an unprecedented increase in participation, receiving over 100 submissions from more than 70 developers involved in the innovative Ortak initiative. This platform not only promotes collaboration and innovation but also integrates gaming stakes with NFTs on the Bahamut blockchain, thereby broadening investment prospects in the iGaming sector.

Mr. First Ray transports players into a world where each spin can lead to magical wins and enchanting surprises, making it a standout in this year’s entries. As the event approaches, excitement mounts among industry professionals keen to explore this showcase of creativity and excellence in game development, scheduled from July 1 to 4.

Hosted by BetConstruct, the B.F.T.H. Arena Awards provides a prestigious platform for developers to exhibit their creativity and compete for a share of the substantial 3,333,000 FTN prize pool. This year, the event has broadened its scope, introducing new award categories to further celebrate innovation in gaming.

The culmination of the event will see the winners announced at the B.F.T.H. Arena x Harmony Meetup V, ensuring an exhilarating experience for all attendees.

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Industry News

SPOTLIGHT SPORTS GROUP TO PROVIDE EURO 2024 CONTENT HUBS FOR LEADING BOOKMAKERS

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SPOTLIGHT SPORTS GROUP SUPERFEED IN-PLAY CONTENT PROVEN TO INCREASE BETTING ENGAGEMENT BY 20%
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Spotlight Sports Group (SSG), a world-leading technology, content, and media company specialising in sports betting, has partnered with both William Hill and Betfred to deliver content hubs for Euro 2024.

The upcoming international tournament provides a prime opportunity for operators to generate revenue, and Spotlight Sports Group assists in that right through industry-leading content hubs. SSG Content Hubs allow sportsbooks in any territory the chance to offer a premium and rich content experience, without the technical burden.

The end-to-end product and content solution provided by SSG includes expert editorial, data and statistics that are delivered across multiple formats and customisable for individual bookmaker websites. Designed and created in-house, the specific event hubs allow customers to provide interactive betting experiences, compatible across all devices and include live odds and add-to-bet-slip functionality.

In addition, the content hub provides a Best Bet widget that features daily accumulators and Bet Builder picks, as well as the best daily offers and enhanced odds from the bookmaker partners. Video tipping content is also available for every match, as is a scouting report for every team and every fixture, highlighting the most popular players for Bet Builder selections.

Lee Phelps, William Hill Spokesperson said: “The Euros is one of the biggest tournaments around for bettors, and having Spotlight Sports Groups content hubs, means we can provide a real experience for our customers throughout the tournament with editorial, bet prompts and data”.

Mark Hartley, Head of Sports Product at Betfred, was similarly pleased with the deal: We’re delighted to partner with SSG ahead of Euro 2024. We’re excited by the opportunities it brings to us ahead of one of our busiest periods of the year as a bookmaker.”

Sam Houlding, Spotlight Sports Group’s Managing Director of B2B, has shared his excitement at partnering with two of the UK’s leading bookmakers: “It’s great to have two of our key partners taking our content hubs for the biggest tournament of the year. Our content has a proven record of driving revenue, and as it is available in any language globally it appeals to customers all around the world”.

Spotlight Sports Group’s Content Hubs are proven to drive revenues with a rich content experience for betting audiences.

 

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