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Online Casinos in general: These casinos will withdraw from the German market in October 2020 (Page 3)

Topic created on 05th Oct. 2020 | Page: 3 of 17 | Answers: 160 | Views: 39,334
Katharina2
Top Member
Matthias wrote on 07.10.2020 at 12:04 pm: Hey Katharina2 - So first of all: We do not plan to close GJ, even if sales collapse, that makes no sense.
The portal is so old, we've put so much energy into it, and just to shut down the platform now because of regulatory frenzy? No, no.
In the other thread it was already written that GambleJoe will probably go bankrupt.
Honestly, all speculation - currently we even have various requests from new casinos that want to be included on GambleJoe (with MGA license) and no info from a partner that they want to withdraw immediately.
It is currently much unclear, but as they say? Nothing is eaten as hot as it is cooked. Wait and see and don't panic

Thank you....for your optimism. I sincerely hope that things work out to everyone's satisfaction.

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Anonym
I don't want to attack anyone personally, but I still have to shake my head a bit at how much "panic" there is here (in relation to all threads dealing with this topic)

In a few days it is supposed to start with the "transitional regulation" and none of the "big players" in the online casino business has so far informed / announced that they want to withdraw from the German market
All casinos that have done this so far are "smaller fish" and have little market share here in Germany anyway
For these casinos it probably makes no sense administratively and financially in the long run to seek a German license

Furthermore, the team of GJ, which is well networked in the "scene", has not yet received any information from their partners that these will withdraw and so shortly before the beginning of the "transition period". This should make even the last aware that no one has to worry about not being able to play online soon

It may be that the selection will be smaller, in the end maybe even really only the "big players" will be available on the market but even then you still have (in my opinion) enough options where you can leave your money
Also, we may have to live with some regulations/restrictions in the future but only time will tell. So far there is no valid contract, no law

In my opinion and of course I can also be decently wrong but I can hardly imagine that, sites like sunmaker, Videoslots, Tipico, Platincasino, Wildz, Caxino etc. will not withdraw from the German market. They will not be able to earn good money even under German license

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Katharina2
Top Member
Matthlign wrote on 07.10.2020 at 15:24: I don't want to attack anyone personally with this, yet I have to shake my head a bit at how much "panic" there is here (referring to all threads that deal with this topic)

In a few days it is supposed to start with the "transitional regulation" and none of the "big players" in the online casino business has so far informed / announced that they want to withdraw from the German market
All casinos that have done this so far are "smaller fish" and have little market share here in Germany anyway
For these casinos, it probably makes no sense administratively and financially in the long run to seek a German license

Furthermore, the team of GJ, which is well networked in the "scene", has not yet received any information from their partners that these will withdraw and so shortly before the beginning of the "transition period". This should make even the last aware that no one has to worry about not being able to play online soon

It may be that the selection will be smaller, in the end maybe even really only the "big players" will be available on the market but even then you still have (in my opinion) enough options where you can leave your money
Also, we may have to live with some regulations/restrictions in the future but only time will tell. So far there is no valid contract, no law

In my opinion and of course I can also be decently wrong but I can hardly imagine that, sites like sunmaker, Videoslots, Tipico, Platincasino, Wildz, Caxino etc. will not withdraw from the German market. They will not be able to earn good money even under German license.

We are just talking and nobody is panicking, including me. I hardly believe,
that gamers will be satisfied with Germany's casinos and even less that
they can ban. They have no alternative. SchleswigHolstein at the moment and that is
a disaster. Compared to the worldwide glitter and BlinkBlink -gaming industry, D is
rather a developing country, even if a few casinos should license. Ridiculous.
And honestly, who is interested in German casinos alone ? This is like
imprisonment, not to mention the GG. In the end there is always a way out of the misery,
also for German players, because D cannot rule the whole world.

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Anonym
Katharina2 wrote on 07.10.2020 at 16:47
We are just talking and no one is panicking, including me. I hardly think,
that gamers are satisfied with Germany's casinos and even less that
they can ban. They have no alternative. SchleswigHolstein at the moment and that is
a disaster. Compared to the worldwide glitter and BlinkBlink -gaming industry, D is
rather a developing country, even if a few casinos should license. Ridiculous.
And honestly, who is interested in German casinos alone ? This is like
imprisonment, not to mention the GG. In the end there is always a way out of the misery,
also for German players, because D cannot rule the whole world.

If you take a close look at the various threads on this topic, there are quite a few "panic" posts
Also here was among other things one after the motto "soon we can not play online in Germany"
As I said, I do not want to attack anyone personally, I'm just surprised that many people go without logic to the matter and "panic"
Others like yourself, remain relaxed and that's exactly what you should remain.
In the end, I wanted to make my contribution also only once again clear that if you look at the whole situation with some logic, it is so far everything half so wild

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garfield68
Elite
that's how i see it too... let's get there first... nothing is eaten as hot as it is cooked. i'm not panicking. we'll see what comes. we (as players) can't change it anyway

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u****n
Tipico, for example, is a premium partner of the German Bundesliga and sponsor of FC Bayern. Of course, they would rather accept all the restrictions and apply for the German license than lose all these status symbols. As far as I know, Tipico was one of the first applicants for the German license. And if you already offer sports betting, then it also makes sense from a revenue perspective to continue to provide a regulated casino area...

However, we have seen in the past that sports betting and casino operators have closed the casino area for German customers (see Bet365)

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Anonym
The British bookie Ladbrokes beams its German customers to a new site:

"On 15th October Germany will be introducing new rules and regulations. This will mean that your Ladbrokes.com account based in Germany will no longer be available to Deposit and bet with. We apologise for any inconvenience and we ask that you withdraw all your funds from your account by the end of October 14th.

The good news is, if you wish to keep playing with us, please head to Ladbrokes.com from the 15th of October and follow the sign-up process by clicking 'join' to open a new account, where you'll be prompted to provide your details."

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Anonym
Kanalmalocher wrote on 07.10.2020 at 18:17: The British bookie Ladbrokes beams its German customers to a new site:

"On 15th October Germany will be introducing new rules and regulations. This will mean that your Ladbrokes.com account based in Germany will no longer be available to Deposit and bet with. We apologise for any inconvenience and we ask that you withdraw all your funds from your account by the end of October 14th.

The good news is, if you wish to keep playing with us, please head to Ladbrokes.com from the 15th of October and follow the sign-up process by clicking 'join' to open a new account, where you'll be prompted to provide your details."

Good sign exactly that the "big players" will remain for us in Germany - only with a new domain to meet the new regulations

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R3hab
Expert
Will StarGames be back?

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Hanshanshans
Expert
Hello all.
No idea if this fits into the thread but I wonder how the casinos, which will soon sail under the German flag, can sweeten the license costs, and Papa State certainly wants to earn money from us...
I wonder if there will be some kind of betting tax, like the 5% for sports betting? We "put" then 1 euro in the slot, but play only with 95 cents?

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