StarGames has declared that it has the intention of applying to be a licensed online gamer in Germany. This live casino gaming site belonging to Greentube Malta Ltd, which is a member of the nine subsidiaries under Novomatic Interactive Division, made the announcement with July 2021 as the focused period.
The iGaming enterprise located in Malta is popular in the gaming industry for pioneering the availability of Original Book of Ra to the German online players. This casino game created and designed by the company was released in March 2005 with Ancient Egypt serving as the theme, using 10-line and 5-reel video slot as the medium for players to enjoy the classic game.
Market Presence
Being licensed in Schleswig-Holstein, a northern German state, StarGames is not a greenhorn in the German's iGaming Market. With the hope of gaining entrance into the market as a result of the country's review of their iGaming Market regulation, StarGames has created a landing page that allows interested people to stay updated on the events surrounding the project.
Commenting through an official press release, Greentube Malta's Managing Director, Trevor De Giorgio noted that the company is thrilled to be operational in the regulated German market. He expressed his excitement that players in Germany will have a chance to enjoy the classic and latest content of StarGames.
He believes the company has proven itself in Schleswig-Holstein by introducing loads of games, technology, knowledge, and security on the player's information. They have been able to show a high level of transparency, safety, and top-notch games. Although there are challenges associated with the expected regulations, the company is sure to deliver great products and entertainment.
Ongoing Preparations
To prepare for the German Market, the brand has worked towards all the expected responsibility and obligations in ensuring its content complies with the new regulated Responsible Gaming guideline, which introduced to ensure safety and promote social responsibility among gamblers.
This new regulation demands some of the following:
- Functionality ensuring ‘Reality Check'.
- Spins Intervals must be five seconds
- Limits on the monthly deposit
- Periods to cool-off
- Limits to the usage of time and stakes
- Banning progressive jackpots and autoplay.
Greentube's Brand Manager, Laszlo Pados, also stated that the company still has a lot of things to do before the opening of the German market. Yet, they have several exciting features to keep them at the lead of the market they are about to become a part of.
Licenses
Since Novomatic Interactive Subsidiary is already working towards the application for Malta Gaming Authority license, Greentube Malta Ltd. will remain in charge of the brand. Besides, the company will be on the lookout for an opportunity to get a license to be a German iGaming center.
Following the approval, he gave the draft legislation in March 2020, during a remote meeting headed by Berlin between October 28-30, German minister Presidents for the 16-federal states in Germany is set to ratify the updated framework for the gambling regulations, Glücksspielneuregulierungstaatsvertrag (GlüNeuRStV), which will be effected in German July 2021 annual conference.
To allow the implementation of the GlüNeuRStV, the parliaments of thirteen states of the available 16 must ratify it by April 30, 2021.