Aspire launches BuyWin feature in Germany to “lower tax burden”

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Aspire launches BuyWin feature in Germany to “lower tax burden”
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The tool was developed in conjunction with Pariplay, and Aspire said it offers better returns for casino players in the German market, while effectively lowering the tax burden for operators.

BuyWin is now live with Aspire’s leading operator partners, alongside a number of operators on Pariplay’s Fusion platform.

It was developed in response to the 5.3% turnover tax on casino games in Germany, which was approved in June and introduced as part of the country’s State Treaty on Gambling (GlüNeuRStv) in July.

Aspire said the tax structure has resulted in many operators lowering their return-to-player (RTP) to compensate, resulting in fewer games on offer and a worse casino experience.

It said that BuyWin works by making a unique bet contribution on transactions, which enables operators to offer all the games German players are used to at the usual RTP of 95-96%.

Aspire Global’s chief executive, Tsachi Maimon, said: “We are delighted to have developed an innovative new feature which turns a potential barrier into an opportunity for operators navigating the German regulating market.

“Thanks to the work of our in-house development team, BuyWin is a one-of-a-kind solution that is a must for all operators who want to offer the best casino experience for their players in the German market.

“In offering Germany’s best RTP as well as the largest games portfolio on the market through Pariplay, we see the development of BuyWin as a further statement of intent as we continue to grow our presence in regulated markets worldwide.”