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Online Casinos in general: These casinos will withdraw from the German market in October 2020 (Page 4)

Topic created on 05th Oct. 2020 | Page: 4 of 17 | Answers: 160 | Views: 41,532
Kleinkariert
Expert

These casinos will withdraw from the German market in October 2020

8th Oct. 2020, at 02:22 am CEST#31
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Hanshanshans wrote on 07.10.2020 at 23:24: Hello everyone.
No idea if this fits into the thread but I wonder how the casinos, which will soon sail under the German flag, can be sweetened the license costs, and Papa State certainly wants to earn money from us...
I wonder if there will be some kind of betting tax, like the 5% for sports betting? We "put" then 1 euro into the Slot, play however only with 95 cent?

Such fees will come, but not as visible as you imagine it now. Like MGA or UKGC, they will ask for fees from the licensee, probably first a fixed amount to get the license and then % of the win or turnover. If it is too much, the casinos will make worse bonus offers or even no bonus at all. Since in the DE license so far no minimum RTP is required, there will also be reduced RTP to a greater extent. With the MGA it does not go below 92%, but with DE even the 85% settings would not be a problem. One could also develop extra 60-75% sets for the German market to make it still lucrative for the operators.

Next to that just come the 1 € Max Bet, the 5 seconds per spin rule, max 1000 € monthly. I think while I have no problem with 1 € Max Bet and 1000 € monthly, the 5 seconds rule currently annoys me the most. I hope that they will reconsider this

It would be smarter to dampen impulsive and pathological gambling e.g. max Deposit 100 € per hour. And from the second deposit you have to wait 15 minutes until you can play. Withdrawals should not be cancelable, players should be automatically unsubscribed from the newsletter after 14 days of not logging in. You should be allowed to play only after successful Verification, withdrawals must be processed within 24 hours (with few exceptions). You should be able to play max. 6 hours a day (exception: Poker, if you want to regulate that).

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Falko
Icon

These casinos will withdraw from the German market in October 2020

8th Oct. 2020, at 02:34 am CEST#32
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Liked this post: Avatar von Sarkasto Sarkasto
But you will also be able to see that, should that be reduced as drastically as you present it here ? So at RTP 60-75 I would stop playing

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Hanshanshans
Elite

These casinos will withdraw from the German market in October 2020

8th Oct. 2020, at 02:38 am CEST#33
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I fully agree with your last two paragraphs. I also think the 5-second rule is nonsense. If someone "resolves" to gamble a sum of X, the sum will not change, it just takes a little longer
And if they really lower the RTP so much, then it not only doesn't make sense anymore, it also drags like chewing gum, thanks to the 5 second rule
They can collect the Bonuses for all I care, it's become utopian to play them for free with 40x conversion in some cases.

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Katharina2
Top Member

These casinos will withdraw from the German market in October 2020

8th Oct. 2020, at 10:28 am CEST#34
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It's enough to make you cry: my beautiful *GJ-Team* ...... they've got that on their hands, too.
There was the 'European Gaming Congress' from 6. - 7.10. with 100 experts and 1000 delegates
and 1000 delegates. And now the countdown is running here:

https://europeangamingcongress.com/

and Affiliate sites will be banned and the >rest ...

Must do something now first and pull it in me in peace. Ciao..Ciao....

-- link to competitor has been removed --

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Elleoj59
Rookie

These casinos will withdraw from the German market in October 2020

8th Oct. 2020, at 11:01 am CEST#35
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Gamebookers as well
As far as. I know sportingbet too

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Bonusbaron
Top Member

These casinos will withdraw from the German market in October 2020

8th Oct. 2020, at 12:14 pm CEST#36
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Wunderinosport has just closed as well.

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M****8

These casinos will withdraw from the German market in October 2020

8th Oct. 2020, at 03:20 pm CEST#37
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Liked this post: Anonym
I just received this as an email:


your account will be automatically switched from bwin.com to bwin.de in a few days and you have already successfully verified your account.

Your credit balance will of course be retained. No further action is required on your part.

So to speak the big players the so-called Big Bois remain at the start maybe this conversion will not be so bad if we have instead of 100 thousand casinos simply strictly 100 serious Ocs only where everything is well regulated.

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Anonym

These casinos will withdraw from the German market in October 2020

8th Oct. 2020, at 05:07 pm CEST#38
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Metallica_88 wrote on 08/10/2020 at 15:20: I just received this as an email:


Your account will be automatically switched from bwin.com to bwin.de in a few days and you have already successfully verified your account.

Your credit balance will of course be retained. No further action is required on your part.

So to speak the big players the so-called Big Bois remain at the start maybe this conversion will not be so bad if we have instead of 100 thousand casinos simply strictly 100 serious Ocs only where everything is well regulated.

That is as I say all the time, out of the question, the "big players" will not withdraw in any case - for them, even with a German license and their taxes, the whole thing will remain very lucrative
They just convert to ".de" pages and fulfill the requirements, done
On the one hand, it is certainly not wrong that the casinos run under German license and jurisdiction, you will rarely have to worry about payouts but the possible (after all, there is currently no contract / law) restrictions that could come, unfortunately outweigh the positive effects for me

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R3hab
Elite

These casinos will withdraw from the German market in October 2020

8th Oct. 2020, at 05:12 pm CEST#39
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Also got mails today from bwin and betfair

The casino is completely canceled at betfair
Only sports betting

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Huseyin
Experienced

These casinos will withdraw from the German market in October 2020

8th Oct. 2020, at 05:12 pm CEST#40
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betfair no longer available in germany as of 15 october

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