Germany Interstate Treaty Update Could Solve Deposit Limit and IP Blocking Struggles
Summary
An updated Interstate Treaty in Germany is expected to tackle issues around deposit limits and IP blocking to enhance the online gambling landscape. DOCV and lawyer Michelle Hembury commented that the GGL is seriously considering amendments to clarify rules and address affordability concerns.
Key Points
- The Interstate Treaty could change deposit limits and IP blocking to create a more competitive market.
- Confusion exists around the definitions of affordability and stake limits set by the current regulations.
- Players are currently facing a €1 maximum stake and €1,000 monthly deposit limits across platforms.
- Changes are anticipated as the GGL reviews regulatory effectiveness ahead of an amendment.
- There’s a push for concrete definitions to better align regulations with industry needs.
Why should I read this?
If you’re involved in online gaming or gambling regulation in Germany, this article sheds light on potential significant changes ahead. The updates to the Interstate Treaty could reshape how operators do business, so keeping an eye on these developments could save you from being caught off guard!