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Online Casinos in general: Consequences after July 1, 2021 (Page 21)

Topic created on 18th May. 2021 | Page: 21 of 95 | Answers: 942 | Views: 343,411
Anonym

Consequences after July 1, 2021

1st Jul. 2021, at 03:57 pm CEST#203
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Just read an article in the Handelsblatt, experts assume that the gambling authority will be operational in 2023 at the earliest rather even later

In addition, the law only came into force today, but experts already criticize that it was interpreted too vague and the German licenses and regulations will only lead to the fact that players from Germany will continue to prefer and use casinos with MGA license
Completely illegal are in the end only casino's, with a license from a non-EU country

With regard to Platin, the whole thing only reinforces my statements made yesterday and today - as long as they pay taxes, nothing will happen for years

This post has been translated automatically

Falko
Icon

Consequences after July 1, 2021

1st Jul. 2021, at 04:03 pm CEST#204
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Matthlign wrote on 01.07.2021 at 15:57: In the end, only casinos with a license from a non-EU country are completely illegal



Curacao is Dutch territory, then that would be allowed ?

This post has been translated automatically

BenOssi123
Rookie

Consequences after July 1, 2021

1st Jul. 2021, at 04:31 pm CEST#205
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Matthlign wrote on 01/07/2021 at 15:25
You will get your money as you always have - coincidentally just texted with VIP support at Platin because I had won with my "test" Deposit tonight but no payout yet

Answer, in addition to an apology, also the short explanation that it could take a little longer today, because they are training new employees, so that withdrawals can be made even faster and smoother in the future

There will still be payment providers that you can use and Platin will continue to pay out as normal.

That was also more related to the banks, whether they stress, maybe even forward to certain authorities. Thanks for your answer anyway

This post has been translated automatically

RebellYell
Top Member

Consequences after July 1, 2021

1st Jul. 2021, at 04:35 pm CEST#206
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Liked this post: Avatar von CashOut CashOut, Avatar von Saphira Saphira

New information on the taxation of online gambling
From 1.7.2021, a tax of 5.3% will be introduced in Germany on all wagers in virtual Slot machine gaming. This will change the cost structure for us as a company. We are therefore forced to introduce a user fee in order to compensate for the tax levies and at the same time continue to be able to offer you an attractive offer. We want to do this in the most customer-friendly way possible and therefore only charge a user fee in case of larger wins in the slot game. For all wins exceeding 20 times or more the stake (on round level) we charge a fee of 5% of the win.
Example:
Stake: 1 Euro
Gross win: 20 EUR (20 times the stake)
Win fee: 1 EUR (5% of the win)
Net profit: 19 EUR
Wins that are less than 20 times the stake will of course still be credited without any fee.
For more information visit our Slotclub.com FAQ
Thank you for your understanding!
Your SlotClub Team



Without words. I find that really awesome !

This post has been translated automatically

RebellYell
Top Member

Consequences after July 1, 2021

1st Jul. 2021, at 05:13 pm CEST#207
1 Like

Liked this post: Avatar von CashOut CashOut

RebellYell wrote on 01/07/2021 at 16:35
New information about the taxation of online gambling
As of 7/1/2021, a tax of 5.3% will be introduced in Germany on all wagers in virtual Slot machine gaming. This will change the cost structure for us as a company. We are therefore forced to introduce a user fee in order to compensate for the tax levies and at the same time continue to be able to offer you an attractive offer. We want to do this in the most customer-friendly way possible and therefore only charge a user fee in case of larger wins in the slot game. For all wins exceeding 20 times or more the stake (on round level) we charge a fee of 5% of the win.
Example:
Stake: 1 Euro
Gross win: 20 EUR (20 times the stake)
Win fee: 1 EUR (5% of the win)
Net profit: 19 EUR
Wins that are less than 20 times the stake will of course still be credited without any fee.
For more information visit our Slotclub.com FAQ
Thank you for your understanding!
Your SlotClub Team



Without words. I find that really awesome !

And in addition to that, the RTP is also lowered. Example Book of Dead 87%. Irre....that is so really shit brazen. Here you can only shake your head

This post has been translated automatically

moody
Experienced

Consequences after July 1, 2021

1st Jul. 2021, at 05:16 pm CEST#208
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Should something like this also come in Austria (1€ max. stake, 5 seconds....., 5.3% tax, etc.) I'm gone.

Best time to quit.

This post has been translated automatically

Falko
Icon

Consequences after July 1, 2021

1st Jul. 2021, at 05:19 pm CEST#209
1 Like

Liked this post: Avatar von CashOut CashOut
RebellYell wrote on 01/07/2021 at 16:35
New information about the taxation of online gambling
As of 7/1/2021, a tax of 5.3% will be introduced in Germany on all wagers in virtual Slot machine gaming. This will change the cost structure for us as a company. We are therefore forced to introduce a user fee to compensate for the tax levies and at the same time continue to offer you an attractive offer. We want to do this in the most customer-friendly way possible and therefore only charge a user fee in case of larger wins in the slot game. For all wins exceeding 20 times or more the stake (on round level) we charge a fee of 5% of the win.
Example:
Stake: 1 Euro
Gross win: 20 EUR (20 times the stake)
Win fee: 1 EUR (5% of the win)
Net profit: 19 EUR
Wins that are less than 20 times the stake will of course still be credited without any fee.
For more information visit our Slotclub.com FAQ
Thank you for your understanding!
Your SlotClub Team



Without words. I find that really awesome !

Would mean you win 200 euros and then only 190 of them are paid out ? Well are they crazy, you have to gamble with lower RTPs and then even give up 5% of his wins? So who still plays there, for the money then plays no role.

This post has been translated automatically

RebellYell
Top Member

Consequences after July 1, 2021

1st Jul. 2021, at 05:22 pm CEST#210
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Falko wrote on 01.07.2021 at 17:19
Would mean one wins 200 euros and of it then only 190 are paid out ? Well are they crazy, you have to gamble with lower RTPs and then also give up 5% of your wins ? So who still plays there, for the money then plays no role.

Thought really straight I do not read correctly. That is, they let us pay double for this 5.3% tax. So casinos where the so runs, I play quite certainly no more. Should that be at some point, that all casinos do so. Then I think I really leave it completely

This post has been translated automatically

u****n

Consequences after July 1, 2021

1st Jul. 2021, at 05:37 pm CEST#211
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Where is this double taxation supposed to exist? The RTP was lowered so that not the player but the casino bears the 5.3% tax. Another possibility would be not to change the RTP, but to retain the 5.3% per spin, as I think Platin wants to do

This post has been translated automatically

Anonym

Consequences after July 1, 2021

1st Jul. 2021, at 05:48 pm CEST#212
0 Likes

Nobody has liked this post so far
RebellYell wrote on 01/07/2021 at 16:35
New information about the taxation of online gambling
As of 7/1/2021, a tax of 5.3% will be introduced in Germany on all wagers in virtual Slot machine gaming. This will change the cost structure for us as a company. We are therefore forced to introduce a user fee to compensate for the tax levies and at the same time continue to offer you an attractive offer. We want to do this in the most customer-friendly way possible and therefore only charge a user fee in case of larger wins in the slot game. For all wins exceeding 20 times or more the stake (on round level) we charge a fee of 5% of the win.
Example:
Stake: 1 Euro
Gross win: 20 EUR (20 times the stake)
Win fee: 1 EUR (5% of the win)
Net profit: 19 EUR
Wins that are less than 20 times the stake will of course still be credited without any fee.
For more information visit our Slotclub.com FAQ
Thank you for your understanding!
Your SlotClub Team



Without words. I find that really awesome !

LOL

Entain has already everywhere crappy RTPs additionally rip off the people then still so

The really sad thing about the 5.3% tax is that there are still enough people who continue to play anyway

This post has been translated automatically

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