Casino license applicant in Germany
The new State Gaming Treaty has fundamentally changed conditions for casinos and online casinos in Germany. There are now several things that need more attention, and player protection has become a higher priority. Online casinos are now applying for this new German license to gain even more confidence from casino players in the German market.
Basic information about the State Gambling Treaty
The State Gambling Treaty went into effect on July 1, 2021 and represented an intervention in German gambling law that some groups had long wanted and others feared. With the creation of the German casino license, the legislation virtually legalized gambling, but not without some strict rules. More attention should be paid to player and data protection. In addition, important steps must be taken to prevent gambling addiction. Because of the importance of the German market, the license was able to open up many interested parties who would like to apply for a German license for their online casino in a short time.
New rules for online casinos with a German license
A German online casino license must adhere to some new rules. The most important rules are as follows:
- Spin wagering restrictions.
- Restrictions on deposits
- Prevention of gambling addiction
- Data protection
- Taxes
- Changed marketing possibilities
The first thing that catches the eye is the regulation on restrictions . The casino player can only deposit money into his casino account up to a certain deposit limit. This is intended to prevent uncontrolled gambling and large losses, which are associated with existential difficulties. In addition, for various games, betting limits of €1 per spin cannot be exceeded. This rule will especially drive highrollers out of German online casinos because they want to play at higher stakes.
Of course, the tax goes to the state treasury, since the licensing authority is the state. The marketing of online casinos also has to change because the protection of minors is becoming more and more important here. Advertisements can only be placed at a time when young people are generally no longer able to consume advertising.
Online casino applicant for a German license
We have gathered here the most recent applicants for an online casino license in Germany and presented them briefly.
We have collected here the freshest online casino license applicants in Germany and presented them briefly.
Bitcoincasinoz.net.
New and existing customers can expect a welcome bonus and other promotions, some even daily. https://bitcoincasinoz.net/ethereum-casino/ offers more than 1,500 games and already has a decent selection.
Bitcoincasinoz.net offers many well-known software manufacturers and the payment method is not extensive, but cryptocurrency is an important aspect of this casino.
Just Spin
Just Spin online casino is also owned by BetPoint Group Limited and has been around since 2019. At Just Spin, new customers receive a generous welcome bonus and existing customers can take advantage of a special offer. The assortment of games is extensive, with over 1,500 games and leaves no room for boredom. Just Spins Casino also works with well-known software manufacturers and new startups. In terms of payment methods, Just Spins uses credit cards, Trustly and e-wallets, which is typical of a North American provider.
LeoVegas
Leo Vegas has been in the online casino market since 2012 and is operated by Leo Vegas International. The already award-winning provider has a large portfolio of bonuses for its customers, which dynamically changes again and again when new promotions are created. Leo Vegas offers a rich selection of games on the site and allows you to play almost any type of game the customer desires. The most popular games are:
- Book of the Dead.
- Reactoonz.
- Olympus Rising
- Moon Princess
- Mysterious Joker.
Leo Vegas has combined almost all of the common game providers in one collaboration. The list is long. As for payment methods, Leo Vegas traditionally uses credit cards, e-wallets and Trustly.
Withdrawal
There are several contenders that may return to the German market. But at the moment, it is still unclear which online casino will actually apply for a German license. Online gambling with cryptocurrencies - only possible in a casino without restrictions? So says this website. The casino would certainly benefit from operating in the German market again, and players in Germany would be interested in having even more competition among casinos.