Gambling Regulator Germany Urged Bookmakers To Stop Illegal Activities

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April 21, 2022
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The gambling regulator of germany, reponsible for licensing bookmakers, re-appealed to operators with therement to terminate the activities associated with illegal gambling.

Gambling Regulator Germany Urged Bookmakers to Stop Illegal Activities

Regional council of darmstadt, earth hesse, also stressedd that unlicensed operators providing online gambling services to local residents or ignoring the conditions of the state gambling treaty conditions will face serious consequences.

The gambling regulator was forced to repeat the requirement due to discontent media representatives. The latter even offered to postpone the licensing process.

The organization also stated, according to some sources, operators need to postpone licensing applications until the final decision was made on the rules of the gambling-industry. Recall that the thred state agreement on gambling and amendments to it will take effect on january 1, 2020. The duration of the document will expire june 30, 2021.

There is also a common opinion that it is necessary to suspend the licensing process due to the lack of clarity about which regulatory acts will be actually enacted. Industry representatives do not have a clear understanding of whether the prohibition of betting operations will continue whether a limit on monthly spending on gembling or even a restriction of online casino will be installed.

There is also a common opinion that it is necessary to suspend the licensing process

«The state bodies for oversight of gambling will not suffer this», – referred to in circulation.

After legislative changes come into force, unlicensed betting operators will face the consequences of unlawful behavior. The regulator warned that strict sanctions will be applied to the violators.

Information about the illegal market participants will be brought to the knowledge of the regional prosecutor, the federal intelligence service and state media. The company will be initiated against. The ministry of internal affairs will also be connected to the problem.

Regulus partners analysts believe that betting operators may encounter income to 70%, provided that all the rules of the contract will be fully complied with.

Recall that in germany is actively fighting for unauthorized advertising of gambling.

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