Tipico is the market leader for sports betting in Germany and welcomes the unanimous decision of the German states to regulate the transitional period until the new, fourth State Treaty on Gaming becomes effective on July 1, 2021. The agreement allows operators to offer online gambling services in accordance with German federal law. By 15 October, the provisions must be fulfilled, i.e. the criteria of the fourth State Treaty on Gaming which can already be implemented.
Tipico will adapt its offers to the parameters defined in the State Treaty on Gambling by 15 October 2020. These include adjustments for live betting, the deactivation of Casino games played on tables such as BlackJack and the continuation of virtual slot machine games and online poker in compliance with the provisions of the State Treaty on Gambling. The implementation period for two of the provisions i.e. minimum playing time and EUR 1 stake limit lasts until December 15, 2020.
Joachim Baca, Tipico CEO: “We look forward to the formal adoption of the GlüStV 2021 enabling a long-awaited regulated market access for private gambling operators from mid-2021 onwards.
With the agreement on the transitional regulation that will apply from mid-October, Tipico is prepared to quickly implement the new requirements. “We are in close contact with authorities to better understand and implement the technical and practical requirements” says Karin Klein, Chief Regulatory Officer. “The agreement takes account of the on-going changes in society. Online gaming is popular worldwide, and players need to feel safe and need to be able to rely on secure offers from reputable providers. The agreement thus makes an important contribution to player protection and the fight against a black gambling market.”