Gaming Innovation Group Gets the Nod to Power German Giant Tipwin’s New Casino Site

German FlagIndustry leading software provider Gaming Innovation Group (GiG) has revealed that they have agreed a long-term deal to power the new casino platform from Tipwin.

Tipwin is one of the leading sportsbooks in the German and Austrian market, turning over millions of euros every year, and they announced plans to branch out into online casino gaming earlier in 2020.

“Integrating GiG’s leading casino technology into our next generation proprietary sports betting platform will allow Tipwin to round up its overall iGaming product portfolio,” so said Ivica Batinic, the CEO of Tipwin.

And Richard Brown, the chief executive of GiG, remarked: “We are delighted to have partnered with Tipwin for the provision of our iGaming platform and casino offering. We look forward to supporting them in their expansion into the online casino space.

“We see strong potential in linking up with a brand with a large existing retail customer base and anticipate further growth in the number of casino customers in the German market post regulation in 2021.”

GiG, who have penned a three-year supply deal, will be operating on a revenue share deal basis, and so both they and Tipwin will be hoping to get off to a profitable start as German authorities – as confirmed – legalise some aspects of online gambling.

Tipwin will also be unveiling a new sportsbook in the rollout, again powered by GiG, as they seek to capitalise on their increased visibility in the German market – aided by their sponsorship deals with two Bundesliga outfits, Bayer Leverkusen and Eintracht Frankfurt.

When Will the Tipwin Casino Go Live?

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The hope is that the Tipwin Casino will be set live in the final quarter of the year, although this could be a period of testing before a full rollout in 2021.

However, the exact timing is unknown as the German gambling sector prepares for a major overhaul. If the Tipwin Casino is set live in the fourth quarter of 2020, they can legally offer online slots and poker – alongside sports betting – as allowed by the government’s designated ‘regulatory transition period’.

They would, however, be able to abide by the efficiently-named Glücksspielneuregulierungstaatsvertrag (GlüNeuRStV) by October 15, which is the new gambling legislation that officially comes into force in July 2021. And under the terms of the transition period, games like online roulette and blackjack remain prohibited.

Is Online Casino Gaming Legal in Germany?

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It’s a good question, and one to which the answer is dictated by when you are reading this!

Prior to October 15, 2020, many forms of online gambling in Germany are outlawed, and only a handful of operators are able to provide their services to German punters.

But that is set to change with the passing of the GlüNeuRStV, a new set of regulations that will legalise online casino gaming and poker in the country. They will be formally introduced in July 2021, although operators will be expected to abide by the statutes from October 2020 onwards.

The GlüNeuRStV will allow Germans to bet on sports, casino games and poker, however some restrictions will be kept in place, namely:

  • A €1 stake limit on online slots
  • A €1,000 spending limit applied to all players
  • Those wanting to increase their spending limit must apply to the German authorities

As things stand, it is believed that more than 50 operators offering their services to German players have applied for a licence under the terms of the GlüNeuRStV.