German Internet casino ban may crumble internally
The German State Treaty on Gaming united German states insupport of the national Internet gambling monopoly, claiming that doing so is the only viable means of protecting consumers. However, EU findings indicate the move is more financially motivated, protecting the state gaming system from licensed competition by EU online casino operators.
Now, as Schleswig-Holstein becomes the first state to reject the federal reasoning, other states are rumored to be primed to follow suit and allow competitive online gambling in their borders.
Opening the market to EU competition would relieve Germany of potentially costly infringement proceedings by the European Commission. And consumers across Europe are demanding that state protectionist blocks be removed to allow choice in online gambling systems.
Even if some form of the monopoly is presently maintained, the State Treaty ends in 2012, permitting states to license online casinos freely after that point.
Arizona: Casino Del Sol unveils name for new Tucson Grant Road property
Affinity Interactive wraps up enhancements at Las Vegas' Silver Sevens Hotel & Casino
New York: Citi Field casino bid gains momentum as senator warns against Manhattan projects
NOVOMATIC launches unconditional cash takeover offer for Ainsworth
Robinhood enters sports prediction markets with NFL and college football contracts
DraftKings could buy back $18 billion in stock over decade, Morningstar analyst says
Latin America in focus: Why SBC Summit 2025 will be a game-changer for the region
Five startups to compete for €90,000 prize at SBC’s First Pitch competition
Former Liverpool and Leeds star Dominic Matteo to join Safe Bet Show at SBC Summit 2025
