Germany to legalise online gambling

The German government has passed an ‘Interstate Treaty on Gambling’ (ISTG21) which will legalise and regulate online gambling in Germany. Previously just one German state, Schleswig-Holstein, could issue online gambling licences, resulting in large amounts of revenue going to non-German companies. The new regulations limit deposits to €1,000 per player per month, and limit online slot machines to a maximum €1 bet and a minimum 5-second spin.