The Mill Adventure will receive a licence to offer slots on its Slotmagie website, while Merkur is licensed for three sites: Xtip, Merkur Sports and Merkur Spiel.
The businesses become the fourth and fifth online slots licensees under Germany’s new online gambling regime, which came into force on 1 July, 2021.
The new system includes a number of strict conditions, including a €1 stake limit for slots. In addition, operators must pay 5.3% of their turnover in tax.
As a result of these conditions, no online slots or poker licensees were listed for almost a year after the treaty came into force. Operators and industry body Deutsche Sportwettenverband (DSWV) argued the rules in place made it too difficult to operate.
The first operator licensed was Mernov, which was created as a joint venture between Merkur and Novotmatic. However, this business changed its name to Deutsche Gesellschaft für Glücksspiel (DGGS) earlier this month, as it implemented a “new shareholder structure”.
Following Mernov, two other operators received licences in June: Tipwin and Mybet operator Ruleo. After they gained approval, the state of Sachsen-Anhalt – which handles licensing – revealed that nine other operators were likely to receive licences for slots or online poker soon. Currently, there are no licensed online poker businesses.
The two new licences are the first since the Glücksspielbehörde took over enforcement of penalties against unlicensed online operators on 1 July. As part of this mission, it implemented its first IP blocking order, against lottery betting operator Lottoland, last month.
The body will then take over all regulatory issues on 1 January, 2023.
Original article: https://igamingbusiness.com/legal-compliance/licensing/slotmagie-and-merkur-licences/
