An annual conference in Germany where the 16 federal states Minister-Presidents meet up has resulted in the ratification of a new regulatory framework for the gambling industry of the country. The conference took place remotely this year, with Berlin as the chair. From October 28-30, the framework was sorted out, bringing the gambling changes into reality.
Draft legislation had already been approved back in March by the heads of state and the European Commission has not interfered with the expected changes once they were notified. With the GlüNeuRStV, it opens the online gaming market in Germany to slots, poker and sports betting. At the same time, it maintains the monopoly of the states regarding the lottery. The monopoly could be extended to table games in the future.
The umbrella group for state operators of the lottery, Deutscher Lotto und Totoblock (DLTB) were happy with the regulatory changes. They see the GlüNeuRStV as proof that the lotteries are important in an expanded gambling market.
Jürgen Häfner, the chair of the DLTB and managing director of the Lotto Rheinland-Pfalz, commented that the heads of state being able to reach an agreement shows that the current model for federal regulation involving gaming is working.
Jürgen Häfner said that the members of DLTB will continue to follow the legal requirements set up by the treaty and offer a safe range of products for players who want to take part in gambling. The Deutsche Automatenwirtschaft was also in favor of the changes, as the Gaming Hall Association. The GlüNeuRStV will see gaming hall licensing subject to qualitative criteria for the very first time.
With this change, states will be able to provide multiple licenses for slot and gaming halls. Applicants must meet the Treaty terms and ensure that the minimum distances apply between other license holders in their area.
#1 Editor's Choice All-in-One Gambling Site: BetOnline.ag
BetOnline.ag is one of the most reputable online poker sites that still cater to United States players and ALL grinders worldwide. Claim your 100% poker bonus and/or FREE $25 sports bet!
- New players can earn up to $1,000 in bonus cash on their 1st deposit.
- Ridiculously crisp software and graphics - no lag whatsoever online or on your mobile device.
- Super easy to deposit on - #1 credit card acceptance rate ANYWHERE; Cryptocurrency also accepted!
- 24/7 live support, VERY FAST payout speeds and built-in sportsbook and casino.
- $25 FREE BET available and other perks you can use at their online or LIVE DEALER casino.
EDITOR'S NOTE: BetOnline welcomes players from ALL 50 states and from ALL OVER THE WORLD w/ limited restrictions.