Central Europe

GVC Airs Black Market Concerns About New Gaming Legislation in Germany

 The HALLO ECHO
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  Gaming industry leader GVC has issued an early warning about the new gambling law in Germany, which is scheduled to be implemented in July 2021. The new legislation would allow the entry of any number of sports betting providers, virtual slot machines and online poker games. The law will also permit a a limited…

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German Regulations Ban Visa and Mastercard from Online Casino Transactions

 The HALLO ECHO
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  Online casinos targeting German consumers will no longer be able to use Visa or Mastercard services, as a fresh wave of punitive legislation targeted at the iGaming industry and payment providers transferring money to and from online casinos has been unleashed. Visa has instructed banks in Germany not to accept deposits and withdrawals from…

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Germany Submits New Gambling Regulations to European Union

 The HALLO ECHO
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  Germany has submitted the revised framework of its fourth edition of the “State Treaty on Gambling” to the European Union. Despite numerous revisions, the framework has yet to be ratified by the nation’s 16 federal Länder (states). The make-up of the treaty continues to be debated by regional MPs at the Bundestag federal council,…

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German Legislators Approve New Gambling Regulations

 The HALLO ECHO
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  German legislators have approved the new gambling regulations that would legalise online poker and casino from 1 July 2021. A decision was also made on the location of the country’s new regulatory authority. Each of the German state parliaments must ratify the Glücksspielneuregulierungstaatsvertrag (GlüNeuRStv) bill, which intends to take the regulated igaming market into…

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Austrian Finance Minister Calls for New Gambling Regulator

 The HALLO ECHO
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  Austrian finance minister Gernot Blümel has called for the creation of an independent gambling regulator in the country. Blümel said he wanted to “untangle” multiple functions currently held within the Treasury. “Therefore, the areas of licensing and supervision should be outsourced to an independent gaming authority,” he said. The minister was discussing the current…

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German Media Body Vaunet Calls for Advertising Regulatory Rethink

 The HALLO ECHO
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  Vaunet, the association of private media businesses in Germany, has called on state lawmakers to remove advertising restrictions set to impact broadcasters in the new gambling regulatory framework currently under discussion. It believes the restrictions, such as daily periods where advertising is not permitted and the wording of certain elements of the draft document…

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