The most well-respected digital casinos across the globe submitted applications when Schleswig-Holstein began accepting the initial license applications. Consequently, several of the sites applying were already licensed in other regions and operating high-quality casinos.
Moving into Schleswig-Holstein simply required submitting an application and adhering to the financial and regulatory requirements set in place by the state. High tax rates for online gambling revenue meant that smaller operators are not likely to afford the stringent requirements of licensure.
However, since regulators know that it takes substantial resources to maintain an online casino properly, the laws are structured to ensure that operators maintain a strong financial structure, remitting casino tax dollars to the state to help fund public projects.
The governing body cracks down on unlicensed operators to ensure that licensed casinos receive the bulk of casino revenue in the area from the state’s citizens.
Process
Nonetheless, Schleswig-Holstein’s process was intense to ensure strict vetting of those casinos chosen to operate in the state.
Operational requirements include financial stability, operational integrity, transparency, and processes to address gambling addiction. As a result of the strict requirements, the list of online casinos operating in the region is considered extremely safe.
These well-managed online casinos offer entertaining gaming content with the proper structures to assure player safety.