Stakes tax on online slot machines decided
There are only a few days left until the new State Treaty on Gambling comes into force and drives players into the gray market with another step. The much-discussed deployment tax was ultimately approved by the German parliament. This makes it clear that from July every spin on an online slot machine will be taxed at 5,3%. The operators are very disappointed with this decision and let their displeasure run free. The legalization of virtual casinos therefore runs the risk of being overwhelmed by the black market.
Bundestag learns nothing from past mistakes and advocates the employment tax
Many operators have already distanced themselves from the new gambling regulations and reject a German license. With the decision on the use of tax on slot machines on Wednesday in the Bundestag, the last bomb burst. This makes it clear that the new contract for the gambling industry is just as much a failure as it has failed in the past. Although the new regulation comes about, it is already clear that the doors to the black market are open again. Because not only the operators are shocked by this news, especially the players have to reckon with worse payout ratios.
In combination with the current conditions of game breaks, minimum time per game round and the maximum bet of 1 euro, the online game is as unattractive as never before. Those responsible fear that the exit to overseas casinos will trigger a tidal wave. Large providers such as Twin Casino have therefore also decided not to apply for a German license in order to continue to offer all customers in Germany unrestricted online play to provide.
Many German players are willing to use the black market casinos, as they work under European laws and are therefore also legal. This is also the knowledge of the operators, who are already advertising with it, so that their customers can continue to benefit from a comprehensive range of games in the future. Inevitably, many casinos would have to stop gaming under a German license, since it is no longer economically viable to offer a virtual casino in Germany.
Greed and unreason drive gamblers into black market gambling
Except for the left, who abstained completely from the vote, the deputies have of the CDU, CSU, SPD and Greens approved the decision. The gentlemen don't seem to care that they are endangering the whole project of legalized online gambling in Germany.
The FDP and AFD have rejected an entry tax on slot machines in the Bundestag due to the likely migration of all customers to the black market.
With around 3000 online casinos on the Internet, Germany only plays a small role. Customers are hardly or not at all impressed by the new laws. The market is open and legal in many countries that also accept German players. Due to the high requirements and introduced slot machine tax, the Bundestag urges casino players to choose an international Internet casino. It is already evident that Online casinos without restrictions will flood the German market.
