The regulatory body taking care of Germany’s federal sports betting licensing process, the Regional Council of Darmstadt, is laying the groundwork for taking action against unlicensed activity in the iGaming market.

The Council has allegedly received almost thirty license applications, with an additional twenty operators signaling their intention to apply.

The council mentioned that it was getting ready to issue the first batch of licences, without specifying a particular date. It further mentioned that around ninety nine percent of sports betting and iGaming activity in Germany would be directed into the lawful market, if these fifty companies secure the required licences.

The steps likely to be taken by regulators include withholding the German banks processing transactions to and from these illegitimate sites. Notably, the Council has approached over hundred operators to apprise them of the licensing procedure, and to advise that they will face stalling orders should they fail to put in application for the requisite certification.

It is to be noted that the 3rd amended Treaty came into effect in the month of January this year, after years of legal encounters. However, it will only be in place until the month of June, next year.

Notably, German license holders will still face substantial curbs once they are given the permission to operate in the nation. Furthermore, the iGaming operators will not be allowed to offer online casino and poker products. They are also restricted from offering in-play betting.

What is your point of view about the regulatory action on German iGaming market? Do you think it is justified? Let us know in the comments below!

Image by top10-casinosites from Pixabay