Germany secures gambling regime but stakeholders demand radical changes

Germany secures gambling regime but stakeholders demand radical changes

Article brief provided by SBC News
  • Ted Menmuir, SBC News
April 23, 2021 1:15 AM
  • Ted Menmuir, SBC News

Germany’s Fourth Interstate Treaty on Gambling (GlüNeuRStV) is guaranteed to officially launch on 1 July, having been ratified by the Bundesländer (state parliament) of Saxony-Anhalt this Wednesday.

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The Interstate Treaty had previously secured the required approval of 13 states to launch Germany’s new federal regime regulating online gambling services.

However, the approval of Saxony-Anhalt was deemed as essential to the Interstate Treaty’s ascension into federal law, as the Lander is designated to house the regulatory agency overseeing German gambling laws and operator conduct.

July will see the Interstate Treaty complete its near-decade long journey into existence, as in 2012 the Bundesrat (Federal Council) had agreed for Germany’s Lander to agree and establish a new federal regime for online gambling services.