Why Maltese Casino Licenses Are No Longer Valid in Germany
Maltese Casino Licenses Are No Longer Valid – Due to a growth in the number of German casino accounts, the German government intends to control the casino business. Online gambling is still illegal in Germany. This fact, however, does not deter Germans from joining up at international online casinos.
Previously, a provider licensed by the European Union, such as a Malta Gaming Authority license, could operate in Germany. However, the German government has recently enacted new restrictions that limit the operation of Maltese casino licenses are no longer valid.
The German Gaming Authority noted a significant growth in the number of German accounts with casino websites in 2020, and they now intend to control the sector as a result by July 2021. Operators must have a German license and a unified national regulatory catalog.
Maltese Casino Licenses Are No Longer Valid Without Table Games and Live Casinos
Because of the new German online license, there will be no table games, but there will be more live casinos. These are only available in land-based casinos with their own licenses. By authorizing internet casinos in a restricted capacity, the nation seeks to raise income while simultaneously protecting its inhabitants from gambling damage.
There are just a few live casinos left in Germany as of October 2020. deutschelivecasinos.de provides them. Players were free to migrate to internet casinos in Curacao to continue enjoying a broad variety of table games. In this way, their gaming experience was governed by the Curaçao government, which is far more diversified than the new German legislation and Maltese casino licenses are no longer valid.
Existing Online Casino with German License
Existing online casinos that want to obtain the German license will have to stop offering table games and live gaming. Gambling websites with a German license will no longer be allowed to use the name ‘casino’, but can use the terms ‘Spielbank’ or ‘Spielhalle’. These are synonyms for the word ‘casino’. The change of Maltese casino licenses are no longer valid to give the impression that the user will have an arcade-like gaming experience rather than an online gambling experience.
The stake per spin on online slots will be capped at £1 and they may not have an autoplay feature or jackpot. Gambling ads are not allowed from 6am to 9pm. The individual German states are free to impose additional restrictions if necessary. But you don’t need to worry because here you can still play on bola online sites.
Maltese Casino Licenses Are No Longer Valid : Future of Online Gambling
The main issue today is how Germany will react to Curaçao-licensed operators. Curaçao appears to have an edge over the MGA license at the moment. In Germany, the Maltese license is no longer valid.
The Netherlands, on the other hand, put financial pressure on Curaçao’s municipal administration. The Dutch government stated that it had achieved an agreement with their colleagues on the island of Curaçao. Measures and structural changes aimed at bringing the country’s finances back into balance will be put in place.
Will Germans begin playing just on German-licensed internet gaming sites in 2021? That is yet to be determined. Germany’s regulated internet gaming business will be severely curtailed. If all goes as planned, the new gaming legislation will go into force in July 2021. Meanwhile, a number of temporary gaming legislation enacted in January 2020 continue to be in effect. / Dy
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