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Ahead of a meeting of German lawmakers in Nordrhein-Westphalen today (19 February), the European Gaming and Betting Association (EGBA) has proposed a series of changes to ensure a successful re-regulation of the country’s igaming market.
EGBA, which comprises bet365, Kindred Group, Betsson, William Hill and GVC Holdings, said that it welcomed progress towards developing a permanent regulatory model that would allow operators to offer both online sports betting and casino.
While a new regulatory framework was badly needed, the new proposals could make an already dysfunctional system even worse, EGBA secretary general Maarten Haijer explained.
He continued by highlighting the fact that “An attractive product offer is absolutely essential to achieving a safe and well-channelled gambling environment – but the proposed restrictions would prevent this,”.
He pointed out that the German market today was highly fragmented and restricted, as a result of the prohibition of online casino and strict controls on sports betting set out under the third amended State Treaty.
The final regulations must be in place by 30 June, 2021, the date from which the third amended State Treaty is to expire.
Source: igamingbusiness.com
