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Online Casinos in general: News for online casinos

Topic created on 18th Jan. 2020 | Page: 1 of 5 | Answers: 48 | Views: 16,364
WithoutWings
Expert

News for online casinos

18th Jan. 2020, at 01:12 am CET#1
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Anyone who likes to gamble on the Bundesliga is to be monitored by an authority in the future. The state is planning total control of sports betting.
That's according to a draft of a new gambling treaty, which BILD has seen exclusively. It is to come into force from mid-2021.
The old state treaty had expired in 2019. Currently, a transitional arrangement applies until 2021. At the moment, there is a licensing procedure for the transitional period. Eleven companies have applied so far. Seven more applications (including from industry leader Tipico) have been announced.
According to the present draft, many things are to become different for bookmakers and bettors in one and a half years. Not better!



REGISTRATION
the state wants to build up a huge monitoring authority. It will be informed of the name, date of birth, place of birth, address and all betting information (time of betting, stake, etc.). The seat of the supervisory authority is still open. According to BILD information, North Rhine-Westphalia, Baden-Württemberg, Schleswig-Holstein and Hesse are interested.
Difference to the current legal situation: already today, every bettor must register online with correct name, address, etc.. However, only with the bookmaker and not with a state authority.

HIGHLIGHTS
► The bettor may only wager a maximum of 1000 euros per month - whether with one bookmaker or several. The newly created supervisory authority, to which all bets are sent, controls the monthly maximum stake. Until now, there has been no government-monitored staking limit. 9 billion euros were staked in sports betting in 2019.
The consequence: this maximum limit would be an economic disaster for sports betting providers, because they pay out up to 95 percent of the stakes again. By comparison, in the state lottery it is only 50 percent.

LOG-IN LOCK
► A bettor may no longer be logged in to different providers at the same time. This is to be prohibited. At least five minutes are to lie between the change of the betting provider. Consequence: One can no longer compare the odds in real time.

LIVE BETTING BAN
► The range of live bets is to be severely restricted. Among other things, the popular betting type Over/Under (i.e. how many goals will be scored in a match) will be eliminated.

ADVERTISING BAN
► According to the draft, a ban on advertising on TV and the Internet for live sports betting between 6 a.m. and 11 p.m. is to be enacted. Around live TV matches, there is to be no more advertising for sports betting at all.
Consequence: betting providers will pay 400 million euros per year in taxes. This sum will fall sharply. No advertising, fewer customers - this is also a frontal attack on the betting providers' business model. Advertising revenues for sports clubs and media companies would fall massively as a result.


► The online casino market is also being regulated. The state wants to close off the Internet, so to speak! For three hours a day, no casino games (including Roulette, Blackjack machines) should be possible.
The federal states are discussing the draft today. The sports betting association complained in letters to the 16 prime ministers.
The main argument is that the limits on betting drive consumers into the uncontrolled black market, which is "just a mouse click away". This is shown by examples from France, Italy and Spain.

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Katharina2
Top Member

News for online casinos

18th Jan. 2020, at 11:25 am CET#2
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What are you doing ? Just last point. Dictatorship ? China XXS ? Fear only,
that they enforce this nonsense with EU. One is obligated yes, which D
and EU. They want to get their hands on the OC's billions in sales and don't know how
Sports betting is also a thorn in the side. There is also a lot of money to be made. Everything
under the cloak of game protection. They should rather take care of fighting poverty
care. As if D had no other problems.I see a cat, which bites itself before rage
in the own tail bites and uncle gate smiles.

This post has been translated automatically

MarcT22186
Expert

News for online casinos

18th Jan. 2020, at 11:43 am CET#3
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Liked this post: Avatar von krabbe666 krabbe666
Well, I don't see any reason to get upset
For one thing, BILD as a source is, well, semi-trustworthy...
On the other hand, this can and will never be enforced.

1. Registration, okay, maybe that. It is also done in the UK. But definitely not to the same extent

2. General data retention, which includes the above-mentioned points, is not permitted in the EU. This means that the contract would be invalid as soon as it was introduced

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Begbie
Elite

News for online casinos

18th Jan. 2020, at 09:26 pm CET#4
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the BILD is known to publish test balloons to see how the reactions are.
often on behalf of the government.
so wait and see

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Anonym

News for online casinos

19th Jan. 2020, at 12:45 am CET#5
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In the above points still a uniform blocking system with purely and that would not be bad!

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x****Y

News for online casinos

19th Jan. 2020, at 02:00 am CET#6
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Quckie wrote on 19.01.2020 at 00:45: In the above points still a uniform blocking system with in and that would not be bad!

yes, for people who want to play at most on weekends times. 1000Euro is a mockery, I do not even need to start betting...

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MisterL
Expert

News for online casinos

19th Jan. 2020, at 03:04 am CET#7
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europe is a dead dog

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Cheeseburger
Experienced

News for online casinos

19th Jan. 2020, at 03:14 am CET#8
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MisterL wrote on 19.01.2020 at 03:04: europe is a dead dog

Nonsense, Europe is doing better than ever before. Said Mama Merkel and she would never lie to us !

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bigbig
Experienced

News for online casinos

19th Jan. 2020, at 07:25 pm CET#9
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Liked this post: Avatar von Saphira Saphira, Avatar von sippi sippi
i feel more and more like I did in the East. Only patronize people and take away the thinking. Everything regulate whether you want or not. emj_29]

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Cheeseburger
Experienced

News for online casinos

19th Jan. 2020, at 07:55 pm CET#10
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Liked this post: Avatar von sippi sippi, Avatar von Spectral Spectral
My grandfather lived in the GDR and said that you couldn't get out, but crime couldn't get in either.
Today, there's a junkie, a knifeman or a self-appointed gangster on every corner.

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