EGBA Welcomes Progress on Germany’s New Gambling Regulations
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The European Gaming and Betting Association (EGBA) has welcomed the progress on Germany’s new draft state treaty for gambling regulation, which was provisionally agreed by Germany’s regional state authorities.
The objective of the new regulation is to regulate Germany’s gambling activity in an effective way and ensure gambling activity takes place within the legal, regulated gambling environment, particularly in the online sector.
EGBA welcomes the progress made and encourages the German authorities to ensure the new regulation will achieve the multiple objectives of consumer protection, state tax revenues and regulatory oversight of gambling.
The new treaty, if agreed at the Minister-Presidents meeting on March 5, would replace the existing second state treaty and come into force on July 1, 2021.
“This is a positive development towards bringing Germany’s gambling regulation into the 21st century. The challenge will be to deliver a new regulation which is fit for the digital age we live in, which provides a safer gambling environment for consumers and enables a well-regulated and well-channelled market. We look forward to providing formal comments to the proposals in due course and continuing a constructive dialogue with the German authorities,” Maarten Haijer, Secretary General of EGBA, said.
Source: Latest News on European Gaming Media Network
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