UPCOMING EVENT

Let's Meet during iFX EXPO International 2024 in Limassol, Cyprus (18-20 June)

Book a Meeting
  • +357 2425 0808
  • Login
  • English

Home

Blog

Germany is creating a new law for its ga...

Germany is creating a new law for its gaming sector

Germany is creating a new law for its gaming sector

NetShop ISP

NetShop ISP · Blog Author

Nov 02, 2016 · Archive

According to the Euractiv’s reports, by next year many casinos and gaming halls in Germany will risk losing their licenses. Germany’s gambling law has been in transitional period since 2012. German regulators are now set to implement stricter gambling rules and have the new law implemented in January 2017.

Since the European Court of Justice declared that previous Germany’s regulations did not comply with EU law, necessity for insuring a new legislation appeared bringing uncertainty to the German gambling sector.

“Our entrepreneurs have not had the chance to adapt to the situation, because they are largely uncertain whether they are going to even be able to continue running their operations or employing people,” commented Georg Stecker, the German gaming industry board’s spokesperson.

However, Berlin urban development expert Daniel Buchholz welcomed the change:
“Finally, most of the gambling halls in Berlin and Spandau will have to close! Gambling addiction destroys people and communities. Thanks to strict gaming hall rules in Germany we have been able to stop a new flood of casinos.”

Since July 31, gaming regulators in Berlin have been issuing licences to new operators if their premises are at least 500 metres away from a similar establishment. Based on such and similar rules, thousands of premises in Germany may be closed.

According to Stecker, the changes are alarming as they could penalise operators who, until recently, were not in breach of any regulations.

Press Releases
74

Free VPS Trial

No Credit Card Required.

Recent Posts

MT5 Access Server for Forex Brokers: Virtual vs. Dedicated

MT5 Access Server for Forex Brokers: Virtual vs. Dedicated

14 June, 2024

How To Extend Root Partition using Home Partition space in CentOS

How To Extend Root Partition using Home Partition space in CentOS

30 May, 2024

NetShop ISP to Attend iFX EXPO International 2024 and Announce Global Infrastructure Expansion

NetShop ISP to Attend iFX EXPO International 2024 and Announce Global Infrastructure Expansion

23 May, 2024

TNFX Broker Partners with NetShop ISP to Offer Low-Latency Forex VPS to Traders

TNFX Broker Partners with NetShop ISP to Offer Low-Latency Forex VPS to Traders

14 May, 2024

How to Install Nginx, MySQL, PHP on Ubuntu 22.04 (LEMP)

How to Install Nginx, MySQL, PHP on Ubuntu 22.04 (LEMP)

10 May, 2024

#letushostyou

Award Winning Hosting Provider established in 2004.

120 Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca 6031, Cyprus

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2024 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Revolut
Wire Transfer