Greentube-owned online casino StarGames will apply for a license to operate in Germany as the nation is gearing up for the enforcement of its new gambling law in July 2021.
StarGames is owned by Greentube Malta and is known in the iGaming industry as the first online casino brand to offer Greentube’s very popular Book of Ra slot to players in Germany.
StarGames already has significant experience in the German market, as holds a license to operate in Schleswig-Holstein, the only German state that previously had a proper regulatory framework for online gaming.
Germany is ready to formally legalize online poker and casino games in July 2021 when your new law will go into effect. However, the heads of the nation’s 16 states announced in September a so-called Tolerance Policy for iGaming operators facing off against Germany.
Under that policy, such operators can offer iGaming services to German players as long as they ensure that their operations fully comply with the provisions of the country’s new gambling law, Glücksspielstaatsvertrag, although it will not be until a few more months when it is implemented.
Preparations for entry into Germany
Greentube said Thursday that its StarGames brand has begun preparations to enter the regulated German iGaming market. In anticipation of its expansion, it has recently launched a homepage offering information to German players who want to keep up to date with the latest developments surrounding their debut on the regulated market.
As part of its preparations, the operation has also started taking the necessary measures to ensure that your offer fully complies with the guidelines of the Tolerance Policy and the rules of social responsibility. These include monthly deposits, wagers and time limits, the ban on autoplaying of online slots and progressive jackpots, a reality check feature that kicks in every 60 minutes and has a mandatory five-minute cooling-off period, and more.
As mentioned above, Greentube Malta currently operates StarGames. The company is in the process of requesting a B2C license from the Malta Gaming Authority, and will also apply for a German online gaming license as soon as possible.
Commenting on their anticipated launch in Germany, Greentube Malta Managing Director Trevor De Giorgio said that they have already shown that they have “the games, the technology, the knowledge and the security to offer gamers. transparent, safe and high quality games “ through its Schleswig-Holstein operation.
Mr. De Giorgio added that while Germany’s new online gaming regulations “They certainly bring with them new challenges”, they hope to be able to offer “the best possible entertainment product.”