Casino without limit – Consequences of the new State Treaty on Gambling
Since yesterday, July 01.07.2021st, , online gambling has been legal in Germany, but it is subject to many conditions and is unreasonable for most. Players in Germany are only now seeing the effects on the legal offer of online casinos that are aiming for a German license. RTP are set down and the Stakes tax activated. That means playing online in German internet casinos is as unattractive as never before. Since yesterday, slots fans are fleeing and looking for new alternatives without encountering limits, restrictions and the bad RTP. With its new guidelines, the Bundestag has achieved that players are now looking for illegal online casinos or online casinos registered overseas.
What changes apply from now on and what are the consequences?
To make it clear to casino fans what has happened now, here are all the changes that have been in effect since yesterday:
- Reduced payout percentages
- Wagering tax of 5,3% on each slot spin
- Maximum bet per game round is 1 euro
- Monthly deposit limit of 1000 euros across all online casinos
- Selected slot machines only
- Running time per spin on slot machines at least 5 seconds
- No bonus offers for the casino area, only sports betting
- German players have to verify themselves again
- Live casino and table games are no longer available
The consequences are obvious that online gaming will shift to casinos that do not align their licenses to Germany. As a result, more and more casinos licensed in Malta will simply block German customers and providers whose license is in Curacao or overseas will be more and more popular. Online gamblers are hardly impressed by the laws and rightly flee from the new gambling contract in Germany. Because there are no consequences of continuing to play casinos in distant foreign countries, except that customers are satisfied!
operators like that Fast Pay Casino have proven for a long time that players value fast payouts, good games and live offers. After all, it doesn't matter where a casino gets its license from. Since the casino belongs to the same group as that Instant Pay Casino, which is licensed in Malta and yet operates under the Curacao Commission. The fact is that the operators also adapt to the customers and ensure a serious game. In Germany, the new laws are anything but serious if you tax your players extra, lower their RTP and create conditions that have nothing to do with gambling.
Germany has learned nothing
Years ago, the State Treaty on Gambling hit the wall. Only Schleswig Holstein had recognized the potential and had regulated its own gambling for a long time. Now a nationwide resolution has been created and thus gambling in online casinos legalized, but at a price that no German player wants to pay. Let's see how long these conditions will last and the last online casinos that are now applying for a German license will withdraw again. The Twin Casino was one of the first providers to recognize this and all of them Change for German players have pulled back.
Ultimately, there are enough online gambling halls worldwide that offer you a fair game without conditions and limits. An overview of current virtual arcades can be found at Casino without limits which we update again and again.
