Online casinos with federal license open in Germany
Great news for German gamers arrived just a few days ago. Already on the first day of summer, the first virtual casinos with a national federal license can be launched in the country. This wonderful announcement for many players appeared on the portal of the Ministry of the Interior in the first ten days of May.
At the same time, the Jackpot Pirates website states that such a significant event will take place in 2022, without specifying a specific date, and the Bing Bong resource claims that the opening should be expected on June 1. Both of the mentioned sites contain quite a lot of game content. True, the first one has a little more of it. Here you can also find an advertisement for a weekly lottery in which you can win 25 thousand euros.
Overall, the German online gambling market is very positive about this news. Most analysts are confident that the launch of a casino with a federal license is a major milestone in the country's gambling industry. Players will be able to launch online slot machines throughout the country without any problems. Operators will have to obtain licenses to provide gambling services in each of the federal states (16 in total).
This state of affairs is considered somewhat burdensome. Similar conditions apply in some countries. For example, in Argentina. The division of gambling by jurisdiction within the country is not the best solution. Operators are forced to spend time and money to obtain a license to provide services in each state or region of the country. Also, analysts are sure that for some market participants, the tax on any bet made in Germany may be burdensome. According to preliminary data, it is 5.3%.
There are also certain restrictions for players in Germany. For example, the maximum bet per spin cannot exceed 1 euro. At the same time, rounds can be launched no more often than once every five seconds. Such requirements seem inconvenient to many, but those gamers who want to launch slots online have to put up with the current legislation.
