Author: Joe Kizlauskas
Last Updated: 2nd January 2023
UK-based online gaming company bet365 will deactivate its online casino facing Germany next week, on Monday, 30 December.
It is known that the move is in anticipation of regulatory changes in Germany that will come into force on January 1, 2020, including the need for operators to apply for licence applications in Hesse.
The Stoke-based company has told its affiliates to stop promoting the German casino platform, saying that it is necessary to remove any advertising of non-sports bet365 items. Nonetheless, in neighbouring Austria, the online casino bet365 will remain available.
Germany is finally seeking to establish a consistent regulatory framework for online betting and gaming, with provisional rules likely to be in effect and implemented from January 1.
The temporary regulations are expected to remain in place for about 18 months, with a permanent regulatory structure expected to be complete and implemented by the summer of 2021.
The country’s payment service providers were pressured earlier in 2019 to stop accepting certain vertical online gaming transactions. A move that saw the withdrawal of PayPal’s online payment services in Germany.