Hölle Games and Apparat Gaming Forge a German Gaming Revolution
July 10, 2019 Andrej Vidovic
Löwen Entertainment, a Novomatic Group subsidiary, has commissioned a brand-new survey whose aim is to investigate the German populace’s general mood towards the regulation of gambling.
The study’s results suggest that 71% of people who responded are in favor of all forms of gambling getting a single regulatory framework and are, in general, ing the idea that different verticals’ individual regulations could be replaced by a uniform, federal system.
The survey was conducted to gauge the sentiment of German citizens towards the State of Treat on Gambling and its core objectives…
…and has been noted that the vast majority of population does this approach. However, many still believe that the way it was implemented was not without mistakes.
For instance, restrictions against legal operators under the Treaty might lead to operators losing their business to competitors without a license. In fact, 61 percent of surveyed people think that if legal offers were made less enticing by regulations, consumer protection policy would fail to meet its goals.
Regulations are still different from state to state…
…as Löwen, a Novomatic subsidiary and manufacturer of gaming machines and gaming halls operator, points out and, as a result, this drove customers to unregulated products like online casino and betting on lottery. In fact, as much as 20% of German market’s gross gaming revenue was generated – according to some estimates – via unregulated and unlicensed operators.
The conclusion of the survey says that unregulated market grows relatively even today and more strongly than the regulated market in “absolute .”
Another key issue, according to those surveyed, is that legal operators face advertising restrictions and prohibitive policies…
…whereas illegal operators are able to on TV. In survey, it was shown that majority of residents think that legal providers should be able to freely their services.
There will be a two-year window for politicians in to develop an all-encoming regulatory framework for all channels and products…
…after June 20, 2021, which is when the Amended State Treaty on Gambling, in effect since July 1st, will expire.
Dr Danial Henzgen, Löwen Entertainment executive committee member and representative for policy and external relations, says: “The results of the gambling survey clearly show that we need attractive legal offers in all forms of gambling, otherwise the flow into the black market will never dry up.”
1,000 interviews were a part of the survey conducted by Smartcon.
Source:
“German public backs gambling reform, survey claims”, igamingbusiness.com, July 9, 2019.
Makes total sense, all these state regulations can make it really difficult in a unified country.