• Latest
  • Trending
  • All
  • News
  • BUSINESS
  • SCIENCE
  • LIFESTYLE
  • TECH
Gamblers in Germany Will Soon Have Access to More Online Slot Sites

Gamblers in Germany Will Soon Have Access to More Online Slot Sites

August 11, 2022
Shannen Doherty Reveals Her Stage 4 Cancer Has Spread to Her Bones – Hollywood Life

Shannen Doherty Reveals Her Stage 4 Cancer Has Spread to Her Bones – Hollywood Life

November 29, 2023
AI And Market Research: Revolutionizing The Field

AI And Market Research: Revolutionizing The Field

November 29, 2023
You May Be Increasing Your Skin Cancer Risk Without Knowing It

You May Be Increasing Your Skin Cancer Risk Without Knowing It

November 29, 2023
Okta admits hackers accessed data on all customers during recent breach

Okta admits hackers accessed data on all customers during recent breach

November 29, 2023
Native American Heritage Month — The Nature Conservancy in Washington

Native American Heritage Month — The Nature Conservancy in Washington

November 29, 2023
Route 66 Road Trip: A Family-Friendly Adventure

Route 66 Road Trip: A Family-Friendly Adventure

November 29, 2023
The Best Chocolate Caramel Fondue Recipe

The Best Chocolate Caramel Fondue Recipe

November 29, 2023
Samsung Internet comes to Windows

Samsung Internet comes to Windows

November 29, 2023
https://apps.apple.com/us/app/revive-face-photo-animator/id1616862692

https://apps.apple.com/us/app/revive-face-photo-animator/id1616862692

November 29, 2023
Links 11/29/2023 | naked capitalism

Links 11/29/2023 | naked capitalism

November 29, 2023
BIS Innovation Hub presents its ‘private CBDC’ project

BIS Innovation Hub presents its ‘private CBDC’ project

November 29, 2023
South Dakota Blackjack Cheat Sentenced for Witness Tampering

South Dakota Blackjack Cheat Sentenced for Witness Tampering

November 29, 2023
  • Home
  • News
    • PRESS RELEASE
  • Shop
  • BUSINESS
    • CRYPTO
    • ECONOMY
    • FINANCE
    • MARKET
    • MONEY
  • TECH
    • APPS
    • GADGET
    • MOBILE
    • SCIENCE
  • SOCIAL MEDIA
  • ENTERTAINMENT
    • ARTS & THEATER
    • GAMING
    • GAMBLING
    • MOVIE
    • MUSIC
    • SHOWS
    • SPORTS
  • LIFESTYLE
    • CELEBRITY
    • CULTURE
    • Education
    • FASHION
    • FOOD
    • HEALTH
    • HISTORY
    • Nature
    • Religion
    • Shopping
    • TRAVEL
  • REAL ESTATE
  • Blog
  • Classifieds
No Result
View All Result
No Result
View All Result
Home Gambling

Gamblers in Germany Will Soon Have Access to More Online Slot Sites

by Minnesota Digital News
August 11, 2022
in Gambling
0
Gamblers in Germany Will Soon Have Access to More Online Slot Sites
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Posted on: August 11, 2022, 10:28h. 

Last updated on: August 11, 2022, 10:45h.

Erik Gibbs

Competition breeds innovation, and that axiom uld benefit gamblers in Germany. Finally, the number of approved online slots operators is increasing with the issuance of three more licenses.

German flag at the Bundestag
Germany’s flag flies outside the Bundestag, the country’s Parliament. New online slot operators have received licenses in the country. (Image: Pinterest)

Mernov (which later became Deutsche Gesellschaft für Glücksspiel) was the first operator to receive permission to enter Germany when it received its license in May. The following month, Tipwin and Mybet added their names to the small list. At the time, Tipwin was anxious to get started, but Mybet, owned by Austrian sports betting provider Ruleo Alpenland AG, seemed to be more hesitant.

Now, SlotMagie, Merkur, and NovoLine have picked up the fourth, fifth, and sixth online slot licenses in Germany. It took a year for the country to get this far. But at least progress is coming.

German iGaming Expands

After the Halle State Administration Office (HSAO) published the license approvals for Mybet and Tipwin, the licensing body announced that more licenses were on their way. It stated that as many as nine were in the queue, with SlotMagie, Merkur, and NovoLine occupying three of those.

While Germany’s Fourth Interstate Treaty on Gambling allows for online slots and online poker, only slots have been made available. Moreover, per the licensing administrator’s data, there are still no poker platforms close to launching in the country.

The company behind Slotmagie is The Mill Adventure (TMA), a company based out of Malta. Its entry into the German market follows four months after it gained access to the Netherlands. There, it offers its gaming platform to other operators, providing a full suite of options.

At the beginning of August, TMA added to its virtual sports and casino content through a partnership with Leap Gaming. This capitalized on TMA’s SmartLobbies solution, an artificial intelligence-based offering that allows operators to provide personalized lobbies to each of their users.

Merkur, part of the Gauselmann Group, now holds three licenses, according to the HSAO. These cover Xtip, Merkur Sports, and Merkur Spiel. The company has been working on establishing supplier deals with a number of companies this year, including one it inked with iSoftBet in January.

NovoLine, an online slots portal operated by Malta-based BlueBet Operations Ltd., rounds out the list on the HSAO’s most recent update. It offers content from suppliers such as Greentube, Peter & Sons, Oryx, and more.

Stiff Controls Govern the Market

Germany’s online gaming market is not going to make anyone rich, especially not operators. In addition to the costs of getting started and the long waits for approval, strict controls limit the amount of action.

Operators are going to have to be more creative than they are in other countries in order to impress gamblers. Germany has established a per-spin cap of €1 (US$1.03) for online slots. Operators cannot offer an auto-spin function. In addition, there are no slot jackpots available.

Operators have to give up 5.3% of their turnover to the government through taxes. As a result, alongside the initial frustration over the regulations, the response has been anything but overwhelming.

There will likely be more interest coming from other operators in the future, but there’s no rush. First, many will want to see how well the market responds to this group that is now in place.

Later, if there’s enough activity, they may join. However, there won’t be an explosion of activity anytime soon.



Source link

Share196Tweet123Share49
Minnesota Digital News

Minnesota Digital News

Saint Paul
◉
32°
Clear
7:27 am4:33 pm CST
Feels like: 32°F
Wind: 2mph S
Humidity: 75%
Pressure: 29.73"Hg
UV index: 0
ThuFriSatSun
37/18°F
34/23°F
37/27°F
39/25°F
Weather forecast Saint Paul, Minnesota ▸
Shannen Doherty Reveals Her Stage 4 Cancer Has Spread to Her Bones – Hollywood Life
CELEBRITY

Shannen Doherty Reveals Her Stage 4 Cancer Has Spread to Her Bones – Hollywood Life

by Minnesota Digital News
November 29, 2023
AI And Market Research: Revolutionizing The Field
Education

AI And Market Research: Revolutionizing The Field

by Minnesota Digital News
November 29, 2023
You May Be Increasing Your Skin Cancer Risk Without Knowing It
HEALTH

You May Be Increasing Your Skin Cancer Risk Without Knowing It

by Minnesota Digital News
November 29, 2023
Okta admits hackers accessed data on all customers during recent breach
TECH

Okta admits hackers accessed data on all customers during recent breach

by Minnesota Digital News
November 29, 2023
Native American Heritage Month — The Nature Conservancy in Washington
Nature

Native American Heritage Month — The Nature Conservancy in Washington

by Minnesota Digital News
November 29, 2023
Route 66 Road Trip: A Family-Friendly Adventure
TRAVEL

Route 66 Road Trip: A Family-Friendly Adventure

by Minnesota Digital News
November 29, 2023
The Best Chocolate Caramel Fondue Recipe
LIFESTYLE

The Best Chocolate Caramel Fondue Recipe

by Minnesota Digital News
November 29, 2023
Samsung Internet comes to Windows
MOBILE

Samsung Internet comes to Windows

by Minnesota Digital News
November 29, 2023
https://apps.apple.com/us/app/revive-face-photo-animator/id1616862692
APPS

https://apps.apple.com/us/app/revive-face-photo-animator/id1616862692

by Minnesota Digital News
November 29, 2023
Links 11/29/2023 | naked capitalism
ECONOMY

Links 11/29/2023 | naked capitalism

by Minnesota Digital News
November 29, 2023
BIS Innovation Hub presents its ‘private CBDC’ project
CRYPTO

BIS Innovation Hub presents its ‘private CBDC’ project

by Minnesota Digital News
November 29, 2023
South Dakota Blackjack Cheat Sentenced for Witness Tampering
Gambling

South Dakota Blackjack Cheat Sentenced for Witness Tampering

by Minnesota Digital News
November 29, 2023
Song Exploder – Alvvays
MUSIC

Song Exploder – Sampha

by Minnesota Digital News
November 29, 2023
13 Gorgeous Plus Size Fall Capes That Will Make You Feel Elegant AF
FASHION

13 Gorgeous Plus Size Fall Capes That Will Make You Feel Elegant AF

by Minnesota Digital News
November 26, 2023
Photos of the Week: Thanksgiving; Christmas trees
Religion

Photos of the Week: Thanksgiving; Christmas trees

by Minnesota Digital News
November 26, 2023
POSTPONED: HFAC Hearing on U.S. Support for Israel After Hamas … – House GOP Foreign Affairs Committee
PRESS RELEASE

Mendocino College to host annual ceramic sale on Dec. 1 (press … – The Mendocino Voice

by Minnesota Digital News
November 26, 2023
From Bussing Tables as a New Immigrant to Making $5K/Month from Rentals
REAL ESTATE

From Bussing Tables as a New Immigrant to Making $5K/Month from Rentals

by Minnesota Digital News
November 26, 2023
Top Jobs That Require No Experience and How to Land One
MONEY

Top Jobs That Require No Experience and How to Land One

by Minnesota Digital News
November 26, 2023
Cool in Your Zip | The Oldest African American Theatre in Southwestern United States!
ARTS & THEATER

Cool in Your Zip | The Oldest African American Theatre in Southwestern United States!

by Minnesota Digital News
November 26, 2023
Minnesota Digital News

Copyright © 2023 Minnesota Digital News

Navigate Site

  • Disclaimer
  • Privacy Policy
  • Copyright Notice
  • Anti Spam Policy
  • Medical Disclaimer
  • DMCA Compliance
  • Terms and Conditions
  • Social Media Disclaimer
  • Amazon Affiliate disclaimer

Follow Us

No Result
View All Result
  • Home
  • News
    • PRESS RELEASE
  • Shop
  • BUSINESS
    • CRYPTO
    • ECONOMY
    • FINANCE
    • MARKET
    • MONEY
  • TECH
    • APPS
    • GADGET
    • MOBILE
    • SCIENCE
  • SOCIAL MEDIA
  • ENTERTAINMENT
    • ARTS & THEATER
    • GAMING
    • GAMBLING
    • MOVIE
    • MUSIC
    • SHOWS
    • SPORTS
  • LIFESTYLE
    • CELEBRITY
    • CULTURE
    • Education
    • FASHION
    • FOOD
    • HEALTH
    • HISTORY
    • Nature
    • Religion
    • Shopping
    • TRAVEL
  • REAL ESTATE
  • Blog
  • Classifieds

Copyright © 2023 Minnesota Digital News