Industry hub and most populated state Nordrhein-Westfalen is the first German state to auction licences for online non-poker table games in the wake of the new iGaming reform
The Glücksspielneuregulierungsstaatsvertrag, the reform with the humorously impossible name that has created a regulatory environment for legal online gambling, has seen swift progress in the issuance of licenses on a federal basis, however non-poker table games had not been on the agenda at all until now.
Since July 1st, the federal states were permitting online slots and online poker. RNGs and live broadcasts of dealers however where not included in the Glücksspielneuregulierungsstaatsvertrag. However, the federal state of Nordrhein-Westfalen, has now opened the bidding process for up to five licenses to offer online non-poker table games. Each licence will have a run-time of 10 years.
Operators that have general gambling licenses will have to join the bid as well if they wish to offer such services, as the regulatory framework is separated.
This single state advance comes after the northern-most state Schleswig-Holstein renegotiated their regulatory mandates following criticism over the Glücksspielneuregulierungsstaatsvertrag being to strict and driving businesses and clients into the black market.
M&A Action:
Whether you’re a startup looking for seed investments or an established company looking for an exit, we’ve got your back! We’ll connect you to the right people to make sure you’ll get the best evaluation for
your business. What’s more, we won’t charge you a dime for this consultation! Let us help, sign up here.