With over 81 million residents, Germany is the most populated and influential members of the European Union. As an EU member, Germany has largely ignored the expectations put on them in the area of gambling. The industry has been in a state of mild chaos for several years. Currently, there are several casinos operating throughout the country but online casinos, sports betting and poker is in a kind of limbo as Germany’s online gambling laws have been declared illegal and they have been ordered to amend their online gambling laws. In the meantime, German online gamers and unlicensed operators are not facing any kind of prosecution.
Top 10 Gambling Sites for Germany
What are the Best German Gambling sites and Promotions?
For the time being, Germany does not interfere with foreign online gambling operators or their German clients and that means that there are many online casinos and poker rooms offering great bonuses to German customers. 5 Dimes has $50 welcome bonuses for German players. BetAtHome and Nordicbet have €50 casino bonuses waiting while Casino Mate, LSbet, Betdna, and Interwetten are all giving away $100 in bonuses to German players. Expekt and Whitebet have up to €100 worth of incentives. Play grand Casino’s $10,000 bonus package will definitely make your day.
With the wide appeal of online poker, it should come as no surprise that there are also quite a few poker bonuses available to German card sharks. Unibet is dishing out €200 in poker bonuses. Goldbet poker has a €250 welcome bonus and 888 has $400 worth of incentives. If you want to easily claim €500 in bonuses then take a look at Bwin, Bet1128 and TonyBet.For something a little bigger, Bets10 and Triobet can boost your poker account by €1,000 while Expekt, William Hill, and TitanBet up the ante with their €1,500 in bonus cash. Red Kings and RedBet go all in with their spectacular €2,500 poker bonuses.
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How Regulated is the German Gambling Market?
A discussion about tightly regulated gambling markets isn’t complete until Germany is mentioned. German gambling laws concerning the online industry are currently very rigid but they are likely going to be amended soon. This doesn’t mean that there will be looser regulations. The online industry is expected to be very tightly regulated.
Land-based operations are also closely monitored. The licensing process is thorough and there is little chance of rogue operators or unsavory characters obtaining a permit. One of the challenges that Germany faces is that casinos and gambling establishments are regulated at the state level. While it is quite effectively run, there is a need for regulations at the national level. Stay tuned.
Is Gambling Legal in Germany? What is the Legal Gambling Age?
In a nutshell, gambling is legal in Germany provided that the person who is betting is at least 18-years-old. There are many land-based and world-class casinos here that offer the full spectrum of gaming. The laws surrounding online gambling are in a state of change but German residents are basically free to use foreign online casinos, card rooms, and sportsbooks. Neither the player nor the operator faces prosecution.
Does Germany Tax Gambling Winnings?
A player’s gambling winnings are not currently taxed in Germany. Casinos and other gambling establishments that operate here are taxed. Up to 80% of the revenues at state-owned casinos go to government coffers. There are also a series of other taxes and levies that operators face including a special tax on slot machines as well as VAT.
What currencies and Payment Methods do German Players Generally Use?
Germany is a member of the European Union and therefore the Euro is the official currency. It is accepted at all brick and mortar betting establishments and is a very common currency option at online gambling sites. German online gamblers that are looking to deposit or withdraw from online gaming sites most commonly use major debit and credit cards like Visa, Mastercard, and Maestro. Prepaid cards such as PaySafe and EntroPay are widely accepted as are eWallets like Skrill, Neteller, and WebMoney. Bank and wire transfers are another option.