Jokerstar Receives German Online Slots License

Another gaming operator has been licensed to offer online slot games in Germany. Jokerstara German gambling operator, has become the eighth company to be given the green light to offer such games.

Jokestar joins the whitelist

Jokerstar will launch online slots on its Jokerstar.de site, allowing bettors across the country to access its iGaming offerings. Jokerstar will now join Merkur, SlotMagie, BluBet and others on the government whitelist. Thanks to this, it will be able to provide online slots to players all over Germany.

Founded in 2021, Jokerstar is a relatively new gaming brand. However, its ownership group, Kling Automata, has decades of experience in the retail slot industry. Kling Automaten, a German gambling operator, hopes to capitalize on the legalization of online slot machines and explore this new market.

According to GlüNeuRStvonline slot machines and online poker have been legal since 2021. Despite this, the Saxony-Anhalt State Administrative Office, the German gambling regulator, only licenses online slots to the most trusted companies. Many brands that have been approved to offer online slots are affiliated with the famous Gauselmann Group, one of the biggest local operators. Meanwhile, not a single company has been approved to operate online poker.

Germany continues to have a black market problem

The German gambling market has some of the strictest rules in Europe. According to the country’s gambling laws, operators must pay a 5.3% tax. Additionally, users can only wager $1 per slot spin. They are also unable to deposit more than $1000 per month no matter how many operators they play with.

As a result, some foreign companies have been reluctant to offer their products in Germany. Others, like Kindred Group, on the other hand, left the German market because it deemed its regulations unsustainable.

Regulations have unfortunately prompted many German customers to choose the black market and play with offshore brands. This has led to a serious black market problem that is currently hurting the regulated industry. Deutscher Sportwettenverband, an association of sports betting providers, recently said it had identified more than 507 unlicensed operators whose offerings are available to German punters. The Deutscher Sportwettenverband subsequently pleaded the Glücksspielbörde (GGL), the new gambling regulator in Germany, asking him to do something about this problem.

The GGL immediately called on German internet service providers to block offshore sites and warned that those who refuse to do so could face fines. However, it will not be an easy battle.

Comments are closed.