Gambling regulation: Tipico adapts its offers to the new transitional regulation
Today, 15 October 2020, Tipico, the market leader for sports betting in Germany, has adapted its services to the requirements of the Joint Guidelines of the German Gambling Supervisory Authorities.
The guidelines regulate the transitional period for online gambling offers until the „Fourth State Treaty on Gambling“ enters into force. The Treaty is to officially enter into force on 01 July 2021. For the first time in Germany, there will be a uniform framework for online gambling offers.
The changes to the range of services offered will particularly affect the deactivation of so-called casino table games such as BlackJack, as well as product adjustments to live betting and online slots in compliance with the requirements of the Fourth State Treaty on Gambling.
The implementation phase for two provisions (minimum spin time and EUR 1 stake limit) runs until 15 December 2020.
Karin Klein, Chief Regulatory Officer of Tipico: „Online gambling enjoys great popularity worldwide. The transitional regulation in force since today is an important step towards clear and reliable regulation for consumers, operators and authorities. It is important that the rules are now also enforced against all market participants“.