Germany Interstate Treaty update could solve deposit limit and IP blocking struggles
Summary
Recent discussions indicate that the Germany Interstate Treaty may see critical updates aimed at clarifying deposit limits and IP blocking regulations. The Deutscher Online Casinoverband (DOCV) and legal expert Michelle Hembury emphasised the need for amendments during a recent webinar, suggesting that clearer definitions are on the horizon to improve compliance and competitiveness within the market.
Key Points
- The GGL is reviewing deposit and stake limit regulations as part of the Interstate Treaty update.
- An interim evaluation initiated in December 2023 aims to enhance the treaty’s effectiveness.
- Confusion exists over affordability definitions tied to online gambling, prompting further industry discussions.
- Potential amendments may clarify what constitutes ‘economic capacity’ in player deposit limit increases.
- The GGL may reconsider IP blocking measures to combat illegal gambling operations.
Why should I read this?
If you’re involved in the gambling sector or just curious about regulatory changes, this article is a must-read! It breaks down crucial updates that could reshape how deposit limits are handled and address the often murky territory of online gambling regulations in Germany. Don’t miss out on these important discussions that could impact the entire industry!