No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Amended Interstate Treaty on Gambling in Germany
Friday June 28,2013 : ONLINE GAMBLING BODY PESSIMISTIC ON GERMAN DEVELOPMENTS
One year of the amended Interstate Treaty on Gambling in Germany: restrictive market opening looks set to fail
The European Gaming and Betting Association, trade body representing most of Europe's major online betting companies, has issued a statement that takes a pessimistic view of the restricted market opening for sports betting in Germany, commenting that one year on, the development has still to get off the ground.
"This confirms the concerns of Europe's leading gaming companies and the European Commission concerning the German regulation and its implementation," the trade association comments.
The amended Interstate Treaty on Gambling entered into force on 1st July 2012 and heralded the reformation of gambling in Germany after the European Court of Justice (ECJ) declared that the German regulation infringed upon European law in 2010.
According to the Treaty, the market is only open to 20 sports betting providers for a period of seven years. In doing this, the Treaty's aims included channelling the black market and combating gambling addiction.
The European Commission immediately expressed concerns about the German regulation, particularly in relation to the limitation of the number of operators and the Treaty's failure to consider online poker and casino games.
The Commission fails to see how a restriction of the overall number of licenses is a suitable means to achieve the goals set. In combination with the narrow boundaries imposed on the organisation of sports betting, the limitation makes it extremely difficult to provide an attractive (online) sports betting offer in Germany.
These concerns of the Commission now seem to be confirmed, says EGBA. One year after coming into effect, the new regulation on sports betting has proved unsuccessful, and one year of the seven-year open period has already elapsed without any sports betting providers being admitted to the market.
The procedure selected by federal state leaders to issue the 20 sports betting licenses does not meet European requirements: it has failed to provide candidates with clear, transparent and reliable information concerning the tender criteria to be used, the trade association points out.
This has led to numerous lawsuits by providers and several postponements of licence awards by the administration. It remains unclear when exactly the licenses will be granted, and even the authorities expect up to 80 legal proceedings, involving both unsuccessful applicants and licence holders.
In addition, online poker and casino providers are not part of the limited market opening, despite the fact that this segment constitutes a much larger market portion than sports betting.
Maarten Haijer, general secretary of EGBA, said Friday, "Numerous questions concerning sports betting remain unanswered in Germany, despite the fact that the tender procedure has been running for months.
"Even if the allocation is successful, it will result in a market regulation that will bring disadvantages for everyone involved - not only the providers and authorities but also amateur and professional sports and the advertising sector, which are closely dependent on betting providers."
The sluggish licence allocation shows just how problematic the chosen regulatory model is. EGBA believes that the European Commission's concerns can only be resolved if the regulatory approach is completely revised or the tender procedure is started again.
In any case, the German regulation stands as a lone model in Europe. In other European countries providers are admitted to the market based on a comprehensive catalogue of criteria. Moreover, the betting licence procedure practised in Schleswig-Holstein since 2011 presents an example of successful regulation within Germany itself.
Haijer concludes: "Germany is a prime example of how a political compromise that no one wishes to disavow can create a very poor procedure. For our members who are active throughout Europe, the German approach is simply incomprehensible against the background of successful European regulations and the continued existence of concerns in terms of European law."
The European Commission is planning an intensive evaluation of the German regulation as part of an inspection of the Interstate Gambling Treaty by 2014. The procedure used to issue licences is expected to be the subject of the evaluation.
Haijer revealed that EGBA is to establish a German branch based in Berlin to represent the online gambling industry.
"German customers have the right to receive an efficiently regulated offer that meets their demand for digital entertainment and avoid consumer need to online gamble in Asia," the EGBA statement concludes.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.