The Legislative Assembly of Schleswig-Holstein has approved a law confirming the availability of five licenses for online board games and a tax rate of up to 44% of gross gaming revenue.
Germany. – The Legislative Assembly of the land, or Landtag, in Schleswig-Holstein adopted a law implementing the Fourth Interstate Agreement of Germany on gambling.
Federal legislation that came into force in July introduced a nationally regulated gambling and sports betting market, but allowed each state to choose between two models for regulating online table games.
States can choose between granting a monopoly on online table games, usually owned by a state lottery, or issuing the same number of licenses as the number of land-based casinos in the state. Schleswig-Holstein, Germany’s northernmost land, chose the latter. It has five land-based casinos and will therefore allow five licenses for online table games.
One of the five licenses will be transferred to the state bank Spielbank Schleswig-Holstein, so only four remain available. Christian Democratic Union parliamentary secretary Hans-Jorn Arp said they would be released in accordance with “respected and strict criteria.”
The tax rate established in the new state legislation assumes that income from online board games in the amount of up to 300,000 euros per month will be taxed at a rate of 34%. Income from 300,000 to 750,000 euros will be taxed at a rate of 39 percent, and income over 750,000 euros will be taxed at a rate of 44 percent.
“It was important for us to prevent the creation of a new Las Vegas and to control exactly who is playing what and how data and money flow.”
He also called on the German lands to support the new federal regulatory authority, which was established in Saxony-Anhalt, but has not yet issued any licenses.
Source: official website of Focus Gaming News