Connect with us
SoftSwiss
Playson

Central Europe

German States in Discussion Over Possible Transition Period for iGaming

Niji Narayan

Published

on

German States in Discussion Over Possible Transition Period for iGaming
Reading Time: < 1 minute

 

Several German states are in discussions over a potential transition period that could allow operators to continue offering online casino products until the vertical is legalised from July 2021.

The exact nature of the discussions and whether this would allow operators to provide online casino without any sort of restriction, is as yet unclear, with reports telling that they do not want to pre-empt the talks.

“The federal states are currently coordinating the extent to which enforcement measures against illegal gambling can be effectively implemented in the transition phase,” a spokesperson for the state government of Nordrhein-Westfalen said.

While other states are yet to respond to requests for comment, local media reports that the chancelleries in Bavaria, Hamburg and Berlin are also involved in the discussions.

The discussions are playing out ahead of the implementation of the Glücksspielneuregulierungstaatsvertrag (GlüNeuRStV) from 1 July 2021. This revised regulatory model, which is currently subject to a standstill period as it is considered by the European Commission, expands the online market beyond sports betting for the first time.

From July next year, online casino and poker will be regulated, albeit under strict conditions, such as a €1 per spin cap on slot stakes, and table games licences restricted to the number of land-based casinos in each state.

Central Europe

Fortuna Zakłady Bukmacherskie Wins Best Bookmaker Title at 2020 Polish Bookmakers Awards

Niji Narayan

Published

on

Fortuna Zakłady Bukmacherskie Wins Best Bookmaker Title at 2020 Polish Bookmakers Awards
Reading Time: < 1 minute

 

Fortuna Zakłady Bukmacherskie has won the Best Bookmaker title at 2020 edition of Legalni Bukmacherzy’s Polish Bookmakers Awards.

The Polish arm of Czech gambling group Fortuna Entertainment Group took home the Best Offer and Responsible Bookmaker titles too and claimed a joint Best Marketing prize with forBET.

Also, Fortuna employee Igor Kośliński was honoured with the Best Affiliate Manager Award as the bookmaker swept five awards out of eight different categories.

A total of 12 categories were included at this year’s Awards, with the nominees and winners decided by a group of top experts within the Polish betting and gaming industry. Meanwhile, the winner of the Customers Choice Award was voted by the players as legalnibukmacherzy.pl.

Adam Bieliński, CEO of iGamingNuts – the company behind Legalni Bukmacherzy, said: “The previous year was very specific. All of the assumptions concerning acquisition and marketing strategies had to be changed due to the cancelation of major sports events and suspension of games in top leagues.

“The whole industry approached the subject in a creative way – the bookmakers extended their offers, introduced new marketing activities, and most importantly, they did not abstain from improving their products.”

Continue Reading

Central Europe

IDnow Acquires identity Trust Management AG, a Leading Identity Verification Provider in Germany

George Miller

Published

on

IDnow Acquires identity Trust Management AG, a Leading Identity Verification Provider in Germany
Reading Time: 2 minutes

 

IDnow a leading provider of Identity Verification-as-a-Service solutions, today announced that it has agreed to acquire identity Trust Management AG, a leading international provider of digital and offline identification solutions from Germany. This is IDnow’s second acquisition in the last six months and marks a significant milestone on IDnow’s path to becoming one of the leading identity platforms in Europe.

identity Trust Management AG has established itself as a key player in the German identity market over the last decade, with a particularly strong reputation and portfolio of clients across the telecommunications and insurance verticals. This transaction will further expand the portfolio of verification methods offered via the IDnow platform. The combined product portfolio will offer one of the broadest sets of identity verification methods available in the European market, ranging from automated to human-assisted and from purely online to point-of-sale. All these methods will be made available via the unified IDnow platform.

For the last few years, IDnow’s success has been fueled by strong organic growth and an increasing demand for digital solutions in the market. The acquisition of identity Trust Management AG will allow IDnow to expand into new industry verticals and provide its services to a broader customer base throughout Germany and beyond.

“identity Trust Management AG has built an impressive company both in terms of product portfolio and client relationships,” said Andreas Bodczek, CEO at IDnow. “We have known the leadership team for years and have established a partnership rooted in deep loyalty and mutual understanding. We are excited to welcome identity Trust Management AG’s talented team to the IDnow family and look forward to combining the strengths of both companies to create a unified, market-leading brand.”

“This combination unites the power of IDnow’s innovative technology with identity Trust Management AG’s diverse set of capabilities to create a differentiated identity verification platform,” said Uwe Stelzig, CEO at identity Trust Management AG. “Together, we will be well-positioned to achieve our joint vision of providing clients with a unique, one-stop solution for identity verification.”

IDnow will retain identity Trust Management AG’s Düsseldorf location as well as its employees.

Continue Reading

Central Europe

Austria to Establish New Gambling Authority

Niji Narayan

Published

on

Austria to Establish New Gambling Authority
Reading Time: < 1 minute

 

Gernot Blümel, the Finance Minister of Austria, has announced a wide-ranging overhaul of the country’s gambling regulatory framework, that will see player protection controls ramped up, new transparency requirements introduced, and a new supervisory authority formed.

The Austrian Treasury is currently responsible for licensing and enforcement of gambling regulations, but the new authority will take charge of these duties.

Blümel said that the key focus of this new regulator will be player protection, necessitating a series of new controls on legal and illegal gambling.

“Player protection is of particular importance, as gambling is a very sensitive area for players, their families and for society, which also carries considerable risks,” he explained.

“Players are often affected by addiction and as a consequence confronted with financial, psychological and existential issues.”

As a result, the regulator will be tasked with establishing a national self-exclusion system covering online and land-based gambling.

It will also be expected to step up enforcement activity against unlicensed operators and will have the power to order internet service providers to block access to these sites.

Continue Reading
Advertisement
NSoft
Advertisement
EvoPlay Entertainment
Advertisement
Kasyno Online na HEX Polska

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.