Germany’s Casinos See Profits Slashed With New Regulations

Germany’s casinos, battered by plummeting revenues as a result of recently enforced smoking bans, are set to begin lobbying for tax reforms to ensure survival. They insist their plight is being made worse by enhanced identity checking requirements under the Interstate Gambling Treaty.

Private bookmakers in Germany, along with the German-facing online gambling industry, were pleased last week by confirmation that the European Commission has initiated formal infringement proceedings against the Interstate Gambling Treaty that came into force on January 1, 2008. However, news of the Commission’s action has done little to lift the cloud hanging over the land-based casinos that are also covered by certain provisions of the treaty.

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