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Bonus & offers: 01.01.2021 - no more bonuses for German players (Page 2)

Topic created on 01st Jan. 2021 | Page: 2 of 3 | Answers: 27 | Views: 8,934
Krabbenburger
Experienced

01.01.2021 - no more bonuses for German players

1st Jan. 2021, at 04:34 pm CET#11
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I assume that this is not prescribed by the state but is an internal company decision based on profitability.
If the revenues sink must also the expenditures be lowered.
Some may have read here in the news that the state is planning a betting tax of 8%.
The average RTP of slots is about 96%. Now the state comes and wants another 8%.
That means the RTP must be lowered to about 88%
So you lose statistically 3x as much as before.
The casinos that submit to these bizarre rules just commit suicide and in Curacao pop the champagne corks.

This post has been translated automatically

Falko
Icon

01.01.2021 - no more bonuses for German players

1st Jan. 2021, at 04:44 pm CET#12
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Krabbenburger wrote on 01.01.2021 at 16:34: I suspect that this is not prescribed by the state but is an internal company decision based on profitability .
If the revenues sink must also the expenditures be lowered.
Some may have read here in the news that the state is planning a betting tax of 8%.
The average RTP of slots is about 96%. Now the state comes and wants another 8%.
That means the RTP must be lowered to about 88%
So you lose statistically 3x as much as before.
The casinos that submit to these bizarre rules just commit suicide and in Curacao pop the champagne corks.

Sounds in any case very plausible your reasoning for it. But do you also have an answer to what makes the casinos chase this German license ? This only brings additional costs, high revenue losses and many regular players stay away from the casinos now completely. That knows but every casino, if it gets involved in it and it knows but also whether with German or without German license it can continue with the Maltalizenz just as before. And there are also casinos that see it the same way.

This post has been translated automatically

Butterbrezel
Elite

01.01.2021 - no more bonuses for German players

1st Jan. 2021, at 05:05 pm CET#13
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@Krabbenburger: That sounds logical. That would also explain that not every Provider does it, but that it is an individual calculation.

@Falko: In the long term, probably not. In the short term, of course, you lose the regulars. On the other hand, if you don't bend to the German rules, the casinos then lose the German market completely.

If the gambling treaty through is playing in "prohibited" casinos without a German license even a criminal offense or?
At the moment it is only a gray area with EU law, because there is no valid contract.
At least that is my knowledge.

I think that this will deter the majority of the gaming community, so that players only resort to casinos with a German license.

This post has been translated automatically

Krabbenburger
Experienced

01.01.2021 - no more bonuses for German players

1st Jan. 2021, at 05:11 pm CET#14
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Falko wrote on 01.01.2021 at 16:44
Sounds in any case very plausible your reasoning for it. But do you also have an answer to what causes the casinos to chase this German license necessarily ? This only brings additional costs, high revenue losses and many regular players stay away from the casinos now completely. That knows but every casino, if it gets involved in it and it knows but also whether with German or without German license it can continue with the Maltalizenz just as before. And there are also casinos that see it the same way.

If the German regulation is accepted by the EU, the official German regulation will start on 01.07.21 .
The casinos that are already subject to the rules speculate on then to get the German license.
Without a German license from 1.7 the Malta casinos will no longer be able to offer their services to German customers.
This is for example also in countries like Italy or France for years already the case.
I suspect that the casinos that do not adapt to the rules now speculate that this uniquely strict regulation is still overturned by the courts or that they plan to leave the German market from 1.7.
This regulation of Germany is definitely the strictest there is in Europe and many lawyers see this also very critical.
Especially the data protection concerns of full monitoring of players and the state recording and storage of deposits and withdrawals, stakes and log in data. The 1,000 € limit is to apply across providers and for this, these data must be recorded by the state.
One can only hope that the rules are overturned by the courts.
Incidentally, this also happened with the last State Treaty on Gambling in 2012 or 2013. The reason were then the limitation of licenses that have violated EU law.

This post has been translated automatically

Nick1895
Expert

01.01.2021 - no more bonuses for German players

1st Jan. 2021, at 05:18 pm CET#15
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Wutmaennchen wrote on 01.01.2021 at 17:05: @Krabbenburger: That sounds logical. That would also explain that not every Provider does it, but that it is an individual calculation.

@Falko: In the long term probably rather not. In the short term, of course, you lose the regulars. On the other hand, if you don't bend to the German rules, the casinos then lose the German market completely.

If the gambling treaty through is playing in "prohibited" casinos without a German license even a criminal offense or?
At the moment it is only a gray area with EU law, because there is no valid contract.
At least that is my knowledge.

I think that this will deter the majority of the gaming community, so that players only resort to casinos with a German license.

Why should it be a criminal offense?
It is a gray area with or without a contract.
Most with the German license now offer sports betting on the side or even mainly ... (Tipico, Betsson, bwin Group, Aspire etc.). Think why it is then. This generates much more money than the casino
And with one thing you are half right, the majority of players are deterred but not by the fact that they are afraid to play in casinos without German license, but rather because they have just there no Bock to gamble! Who does this garbage with the 5 seconds rule because? Just those who play with Bonuses?
Just then they are looking for alternatives! People who shit on sports betting and just want to gamble, then look for casinos without these rules
Hyperino also has a license and even spends a lot of money on German TV advertising. Nevertheless, these restrictions do not exist there and they will not change anything
The only losers in this matter are the casinos that bend to these rules and acquire this license
Because in the end, all casino players will avoid these stores!

This post has been translated automatically

Anonym

01.01.2021 - no more bonuses for German players

1st Jan. 2021, at 05:37 pm CET#16
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When I read the thread title I think to myself only ey not always all directly paint the devil on the WALL or fall into panic...everything will be fine

This post has been translated automatically

Nick1895
Expert

01.01.2021 - no more bonuses for German players

3rd Jan. 2021, at 01:06 pm CET#17
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Betsson also offers nothing more now that Betsafe and Casinowinner have also completely disappeared from the German market

This post has been translated automatically

TranceBabe
Expert

01.01.2021 - no more bonuses for German players

3rd Jan. 2021, at 04:40 pm CET#18
1 Like

Liked this post: Avatar von s00pernanny s00pernanny
It's nice that the state wants to protect you from Gambling addiction, but meanwhile it's already turning into downright paternalism. The 1,000 € limit I find not further bad. Everything else is ridiculous

This post has been translated automatically

Stromberg
Legend

01.01.2021 - no more bonuses for German players

3rd Jan. 2021, at 05:18 pm CET#19
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Nick1895 wrote on 01/01/2021 at 17:18
Why would it be a crime?
It is a grey area with or without a contract.
Most with the German license now offer sports betting on the side or even mainly ... (Tipico, Betsson, bwin Group, Aspire, etc.). Think why it is then. This generates much more money than the casino
And with one thing you are so half right, the majority of players are deterred but not because they are afraid to play in casinos without a German license, but rather because they have just there no Bock to gamble! Who does this garbage with the 5 seconds rule because? Just those who play with Bonuses?
Just then they are looking for alternatives! People who shit on sports betting and just want to gamble, then look for casinos without these rules
Hyperino also has a license and even spends a lot of money on German TV advertising. Nevertheless, these restrictions do not exist there and they will not change anything
The only losers in this matter are the casinos that bend to these rules and acquire this license
Because in the end, all casino players will avoid these stores!

What makes you so sure that casino's without a German license can still offer their services after regulation? If the requirements for a license are approved by the EU as well as the licensing, then the argument of the European freedom of services should not apply, right?
The UK has managed a functioning regulation, with hefty penalties for casinos that violate it.

This post has been translated automatically

Stromberg
Legend

01.01.2021 - no more bonuses for German players

3rd Jan. 2021, at 05:21 pm CET#20
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Krabbenburger wrote on 01.01.2021 at 16:34: I suspect that this is not mandated by the state but is an internal company decision based on economics .

May be the case with no Deposit Bonuses, all other bonuses or free spins that are tied to deposits and best still turnover conditions, will probably mostly rather bring the casino wins...

This post has been translated automatically

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