DVTM Proposes German Gambling Regulation

This week the German Association of Telecommunications and Media (DVTM) intends to submit a plan for gambling regulation to lawmakers after the unsuccessful German licensing process.

“Our proposal creates a win-win situation for the government, consumers, and policy provider,” Zille Renatus, chief executive officer of DVTM said.

DVTM has partnered with the Scientific Institute for Infrastructure and Communication Services (WIK) to present with “an exclusive study that includes the necessary re-regulation of the so-called ‘Better-tainment’ market’, focusing in particular on sports betting, poker, casino and online lotteries”.

“The exodus of investment and sales abroad and the resulting loss of tax revenue in the Billions can thus be avoided by creating legal certainty for the industry and consumers,” DVTM said.

“Only a liberalized, regulated market can protect the youth, data and consumer, expand addiction-fighting measures and keep the real ‘black sheep’ out of the industry”.

The study has the support of EU Commissioner Günther H. Oettinger and will be presented at the Munich Media Days on October 21st.
  • No avatar medium

    PaaskeUK

      Full Member
    • offline
    • 71
      thanks given
    • 44
      thanks received
    I hope something good comes out of this and yes seem Germany failed in licensing. I have friend works with affiliate marketing within gambling. And for him was big loss as some casinos stopped taking German Players and also new signups. At least Vera&John opened up again. But quite shocking great big brand like Guts they shut it down. And also crazy with 15% tax compared to only 10% in UK. But yet still a shame that affiliates has to be punished in all this end of day only one who should pay those 10% is the casinos.
  • Jade lcb

    jade

      Hero Member
    • female
    • online
    • 407
      thanks given
    • 364
      thanks received
    This is a first for me. I never heard that phrase "Better-tainment’ market," describing the whole gambling industry. Where in the world did that phrase come from. And why is it that “only a liberalized, regulated market can protect the gambling industry and all involved in it. Couldn't a conservative, regulated market do just as good a job protecting the gambling industry? Just asking.........
  • No avatar medium

    OOPaloo

      Sr.Newbie
    • offline
    • 12
      thanks given
    • 9
      thanks received
    I think many vices have and will always exist in any given society. Drinking and other forms of reacreational drug use like marijuana, prositution and gambling, will go on regardless of government approval or censure. Therefore, government regulation of such human proclivities is an advantage for those who are involved; both on the consumption and service provider sides of these things; but also of the wider society as a whole which benefits through revenues raised and regulations which limit the harm that can occur when involvement in such vices goes beyond a recreational level and becomes pathological addiction. Not to mention the rights employees in these legal and regulated businesses receive as taxpaying, working citizens.
  • Index

    okotomi1

      Sr. Member
    • offline
    • 53
      thanks given
    • 92
      thanks received
    At the end of the day it is all about the tax revenue because at the moment they get good money from gambling and it would probably stay this way. I don't see a win-win-situation but it is interesting to know some more facts. The online lotteries are not the problem for sure. I remember the first time I saw that I am paying the goverment for letting me doing some online bets, I wasn't happy for sure,

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search
Search Results
39012170