The European Gaming and Betting Association (EGBA) has warned the German authorities on a recent payment ban which was announced by Germany earlier last week.
EGBA, a trade group which is an association of gambling operators, asked the German authorities to rethink their decision and have urged them to allow payments as usual until a new regulatory framework is developed.
EGBA’s response to the payments ban came after the state of Lower Saxony (Niedersachsen) issued the country’s first federal blocking order to a payment service provider. The move is aimed at restricting stop transactions between German gamblers and overseas online gambling sites.
EGBA has called for stepping up efforts to create a regulatory framework at the earliest.
“Restrictive or prohibitive measures, such as payment blocking measures, are an attempt to create artificial walls around online markets and can be ineffective and detrimental to player protection,” EGBA secretary general, Maarten Haijer, said.
“A much more fundamental rethink is needed in Germany to bring its online gambling policy up to speed to meet the digital realities of the 21st century.Right now, the regulatory situation is fragmented and way behind the developments in most other European countries.
“To remedy this, the German authorities should establish an attractive and modern online gambling regulation which acknowledges that many Germans play online casino games and ensures they – and all other players – can play within a safe and regulated environment,” he added.