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Consequences after July 1, 2021
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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
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Curacao is Dutch territory, then that would be allowed ?
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That was also more related to the banks, whether they stress, maybe even forward to certain authorities. Thanks for your answer anyway
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CashOut,
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 !
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CashOut
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
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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.
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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.
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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
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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
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