The First Online Slots Licensee in Germany
We’ve got some big and exciting information for you today! Two most popular Casin operators in Germany became the first online slots licensees! This is some great news, as before the gambling industry in Germany had its own set of rules.
A Little Background...
In July 2021 the Fourth State Treaty on Gambling came into force in Germany, and it allowed for online slots to be available nationwide. Before that, it was only available in one area - the city of Schleswig-Holstein in Germany.
While this treaty certainly allowed for some great opportunities, it also had some restrictions. These restrictions included the rule that the operators needed to pay a tax of 5.3% of their turnover and that you couldn’t make a stake of more than €1 in slots.
Oh, and we should also note that Fourth State Treaty on Gambling also allowed not only for online slots to be available nationwide but online poker.
Although even though both of these became available for gamblers, no slot or poker casino license was approved yet, because, Deutsche Sportwettenverband thought that it would be quite challenging to operate under new rules. But it all changed the following year.
The Most Prominent Operator in Germany Receives First Online Slot License
In May 2022, the most famous operator finally got the license that allows them to operate other slots at German casinos. This marks them in the history of the gambling industry, as, for now, at least, they are the only online slots business that can function independently.
What is more, this operator is the only slots firm that was featured in the Glücksspielbehörde’s list of approved online slots operators, which is another great accomplishment for them.
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