Germany Moves To Exclude Slots From AML Checks

Slot halls, lotteries and on-course tote betting will be exempt from strict new anti-money laundering (AML) requirements, according to a bill published in Germany last week.

The bill will transpose the European 4th Anti-Money Laundering Directive (4th AMLD) into German law and has been published following a consultation with stakeholders last December.

Slot machines, lotteries and some horseracing products are excluded from the scope, and the bill also includes specific provisions applicable to online gambling operators.

To continue reading please log in or request a demo to speak to a member of the team.

Request a Trial

Click here to request a trial