Brexit: Impact on gambling providers operating in Germany

Author: Live Casino Direct
 
Brexit: Impact on gambling providers operating in Germany
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Gambling providers who want to operate in Germany need a German gambling licence. Licences for private providers can be granted for the organisation and brokerage of sports betting and for commercial gambling brokerage.

After Brexit, the United Kingdom is neither an EU member state nor an EEA member. Providers that previously only had a registered office in the UK must now establish aregistered office if they want to obtain a German gambling licence. Gibraltar is also no longer an European Union member or EAEA member, so providers based there must also establish an office. The Isle of Man and Channel Islands are still neither EU members nor E EA members. Malta is part of the EU and the EA.

After Brexit, the United Kingdom is neither an EU member state nor an EEA member. Providers that previously only had a registered office in the UK must now establish aregistered office if they want to obtain a German gambling licence. Gibraltar is also no longer an European Union member or EAEA member, so providers based there must also establish an office there. The Isle of Man and Channel Islands are still neither EU nor EEEA members. Malta is an member of the EU and EEU.

The licence requirements have an EU connection. For example, gaming-related payment transactions must be processed via an account in Germany or at a credit institution domiciled in an European Union member state. A bank account with a bank in Malta would be sufficient.

According to EU law, a bank account in the UK or Malta no longer meets the requirements for gaming-related payment transactions. A bank guarantee must be provided by a credit institution with its registered office in an EU or EEA member state.

The new GlüStV 2021 is to come into force on 1 July 2021. It will open up new licensing possibilities for online casino games and for virtual slots.