16 countries ratified late last month Germany’s new gambling corporation

Leaders of Germany’s 16 countries ratified late last month Germany’s new gambling corporation Gluxfilstadtberg 2021, which is scheduled to take effect in July 2021.

Leaders from 16 countries attended a teleconference chaired by Berlin from Oct. 28-30. The ratification of the new gambling regulatory framework has been an important step in Germany’s game and sports betting market restructuring process and is actually one of the last steps before it takes effect next year. 경마사이트프로

State officials approved a draft bill in March to pave the way for the final ratification of the new law. The work was then handed over to the European Commission for review. European authorities did not intervene in the bill within three months, which meant that the heads of 16 German countries could ratify the bill.

The newly ratified framework now needs to be adopted as a valid state law in 16 state courts so that provisions can take effect from July 1, 2021, when Germany’s new gambling regime is set to take effect.

6 thoughts on “16 countries ratified late last month Germany’s new gambling corporation

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