The Fourth Interstate Gaming Treaty of Germany has been officially taken over by the newly established German gambling regulator, the Joint Gaming Authority (GGL).
The Fourth Interstate Gaming Treaty of Germany has been officially taken over by the newly established German gambling regulator, the Joint Gaming Authority (GGL).
The Fourth Interstate Gaming Treaty of Germany has been officially taken over by the newly established German gambling regulator, the Joint Gaming Authority (GGL).
On Tuesday, the Saxony-Anhalt State Administration Office formally handed the documents over to the GGL, and other necessary transfer processes were also performed.
GGL board member Ronald Benter noted that the new administration will help the online gambling industry attain greater feats.
“With this step, an important milestone of the State Treaty on Gaming 2021 has been reached,” said Benter.
“The bundling of competencies in the GGL raises the regulation of the online gambling market to a new level.”
Another board member, Benjamin Schwanke, spoke on the group’s preparedness for its new responsibilities, and also expressed its delight in serving the state.
“We’re ready to go,” Schwanke said.
“We have set up the appropriate structures and processes to regulate the online gaming market effectively from 1 January 2023.
“In doing so, we can build on the experience of the Gambling College and the expertise in the states, for which we are very grateful.”
GGL’s board of directors has also unanimously agreed to bring on board newly hired professionals, which will also include some former Saxony-Anhalt employees.
“We are particularly looking forward to taking on around 20 very well trained employees at the beginning of the year from the Saxony-Anhalt State Administration Office, which has been temporarily responsible for the licensing and supervisory procedures for virtual slot machines and online poker,” said the board of directors.