The market in Germany is set to witness a dramatic change with jackpot SNGs and cash games removal of higher stakes. The reason cited has been the newly implemented turnover tax. This is coupled with the increase in the rakes by the operators to stay afloat in the business. The significant changes came to the limelight with the announcement by the online poker giant PokerStars. The changes are directed at the poker offerings for players across Germany. This comes ahead of the new law for online gambling slated to be operational from the 1st of July. The slew of changes introduced boasts of payment method restrictions, a Stars Rewards program modification, combatting the newly introduced turnover tax through increased rakes, etc. However, the higher stake removal for German players is the most notable of all the measures.
A blog post dating back to the 24th of June made the new restrictions go public. This came in from the operator’s website, followed by a notification through email. The email was labeled and directed to the players concerned. The labeling mentioned the significant changes with regards to playing. Germany is witnessing a growing change in regards to the laws that concern online poker. The operator of PokerStars corroborated how being one of the most trusted poker brands across the world guarantees to ensure that they are compliant in all capacities. The declaration came in through a blog post. The website further mentioned the slew of adjustments they had to incorporate for the games. One that necessitated complying with the newly implemented tax and regulatory obligation for Germany. This was done to give a brief much ahead of time for what is expected.
The country’s new gambling law is set to go live from the 1st of July with the necessitated changes. The German players are set to be impacted under the changes as per assurances by the site.
