German Online Casino Market
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The heads of Germany’s 16 states have recently approved the proposed legalization of online casino games and online poker from July 1, 2021. It was on January 1, 2020 when Germany implemented an experimental sports betting regulatory regime outlined in the country’s Third State Treaty on Gambling. Under the gambling law that will remain in effect until June 30, 2021, international companies that want to operate in Germany must obtain licenses from the competent licensing body – the. German Online Gambling Market by millions on the web, Facebook, iPhone, iPad, Android, Amazon and Windows Phone. Slotomania games are available across German Online Gambling Marketall devices from PC to Tablet and Cell phones, a fantastic opportunity for people who want to play the. Another concern of Germany’s online casino operators is about the options available to process reduced payments. Lower Saxony’s Interior Ministry has been lobbying banks to block payments to online casino operators serving the German market. According to Zilles of the DVTM these interruptions of payment are in violation of the new German treaty. Around half of Germany’s casinos are state-owned while the other half are run by private enterprises. Online casino games are currently prohibited, however state prime ministers have approved a new interstate treaty which would licence online casino gaming from Summer 2021. Under the terms of the that treaty, licenses for internet table games would be limited to exactly the number of land-based licenses available in each state.
Industry veterans team up in new venture
A team of online gambling industry veterans has established a new venture called Eyas Gaming with the objective of targeting the newly-regulated German online gambling market.
German Online Casino Marketplace
Joe Saumarez-Smith, Michael Brady and Adam Joseph will work together to build an online gaming offering, with an initial launch planned for the opening of the fully regulated German market in July 2021.
Eyas Gaming is being backed by the German Gauselmann Group. The internationally active, family-owned company develops, produces and distributes games and slot machines and operates the MERKUR Casino chain, which is well-known on an international level.
Eyas Gaming will use the Bede Gaming platform for all its operations, which Gauselmann acquired in March 2020, and will offer Merkur online slots games from Gauselmann’s Blueprint and Edict divisions.
German Online Gambling Market
Eyas Gaming is headquartered in Malta and is currently applying for a MGA licence. It will also apply for a German online gambling licence as soon as such licences are made available.
German Online Casino Marketing
Joe Saumarez Smith, Chairman of Eyas Gaming, said: “The regulation of the German market is a very exciting time and a huge opportunity for us. The proposed rules for the German market will present some big challenges for all operators but we think that we will be able to build a market-leading product with Merkur that is specific to the German market and the new regulatory regime.”
Paul Gauselmann, founder and CEO of the Gauselmann Group, said: “I am thrilled about this collaboration. The operational experience of our partners in conjunction with our technological platform as well as our renowned Merkur games will enable us to successfully establish online offerings in Germany and other regulated markets.”