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Home Finance

German regulator imposes a fine on advertising offenses

Sienna Goddard by Sienna Goddard
March 15, 2023
in Finance, Regulations & Licenses
Reading Time: 1 min read
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German regulator, the Gemeinsamen Glucksspielbehorde des Landers (GGL), has issued a five-figure penalty to an operator who violated the regulator’s advertising rules.

GGL stated that the operator was punished for “deliberately advertising” its offers on websites that also promoted illegal gambling.

The regulator stated that this was a violation to Germany’s Fourth State Treaty on Gambling. This treaty came into effect in July 2021.

After taking over the 1 July 2022 illegal gambling enforcement brief, the GGL was established as a result. Prior to this, the enforcement of gambling laws in Germany was under the control of several state-level ministries.

Ronald Benter (CEO of the GGL) stated that “We consider these advertising rules to be very good, “. “The GGL continuously monitors offers by legal providers

We impose heavy fines in the event of violations. We impose heavy fines on those who repeatedly violate the State Treaty on Gaming.

Benjamin Schwanke, a board member of GGL, stated that operators could also damage their reputations if they violate this rule.

He stated that legal online gambling providers can’t have an interest in advertising on websites that also promote illegal gambling. This damages the reputations of providers.”

Tags: German regulator
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Sienna Goddard

Sienna Goddard

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