Connect with us
NSoft

Latest News

Gamblers do not have to repay credit card transactions for illegal gambling: German court

Published

on

credit-card-transactions-for-illegal-gambling-Germany Gamblers do not have to repay credit card transactions for illegal gambling: German courtReading Time: 2 minutes

 

In a significant development, a German court in Munich has ruled that gamblers who used credit cards to perform gambling activities with an illegal online gambling website need not have to repay the credit card companies for these specific transactions. The court is basically putting the onus checking the legality of the transaction and the license of the gambling company on the financial institutions that offer credit cards.

The District Court of Munich ruled this when dismissing a case filed by Landesbank Berlin against a Visa credit card holder. The card holder had claimed that he was not liable to pay his debts because they had been incurred while playing on an online gaming site that was not legally licensed in Germany.

Landesbank has not filed an appeal against the judgment, meaning the ruling is here to stay.

Germany’s online gambling laws are complicated. Broadly speaking, online gaming is illegal, although the country retains a monopoly on lottery games and a semi-monopoly sports betting. This has been challenged several times by the European Commission, the governing body of the European Union.

The country’s Interstate Gambling Treaty of 2012 dictated that online casino gaming would remain illegal unless individual states pass laws to regulate it. Schleswig-Holstein was the only German state to legislate to license online gaming, in 2012, but it repealed the law the following year after a change in government.

Many online gaming operators based within the EU view Germany as a grey market because they believe its internal gambling laws violate European laws on free cross-border trade between EU member states.

As recently as 2016, the Court of Justice for the European Union ruled that Germany could not impose penalties on online gambling companies operating without a German license because it was not possible for a company licensed in other EU member states to obtain a license.

But the news that German citizens can take out credit with gambling sites that are licensed in EU member states, although not in Germany, and then refuse to pay them back, is likely to give operators pause for thought, whether the German court’s ruling is illegal under EU law or not.

The court in Munich applied Federal Court of Justice (Germany’s highest court) case law when it ruled that the onus is on the banks to refuse payments to unlicensed online gambling companies.

Further, it said, the transactions in the Landesbank Berlin case would have flagged up a special code to the bank that identified them as an online gambling payment. The court found there was no question the bank had failed to spot this code because it added its own special commission for “casino sales.”

“The court cannot recognize any wrongful action on the behalf of the defendant. Rather, it is the plaintiff who behaves in an abusive manner if it clearly violates a legal prohibition … the purpose … [of which] … is to protect the defendant from the dangers of gambling,” said the ruling.

 

Source: Casino.org


Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

Prague Gaming Summit 2020 speaker profile: Panagiotis Skyrlas (Head of Information Security & Compliance – Group DPO at Betano-Stoiximan) 

Published

on

Panagiotis-Skyrlas-Announcements-Prague-2020-1 Prague Gaming Summit 2020 speaker profile: Panagiotis Skyrlas (Head of Information Security & Compliance – Group DPO at Betano-Stoiximan)   The 4th edition of the Prague Gaming Summit will take place on 6 March 2020 and welcomes leading operators, service providers and gambling industry experts from all across Europe. On the 6th of March at the Prague Gaming Summit, you have the opportunity to dive into several subjects, among which also the “Market Rundown: […]
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Prague Gaming Summit 2020 speaker profile: Panagiotis Skyrlas (Head of Information Security & Compliance – Group DPO at Betano-Stoiximan) 

Continue Reading

Latest News

Prague Gaming Summit 2020 speaker profile: Anastasios (Tassos) Panagiotaros (Sales Director at Golden Race – Virtual Sports & Betting Solutions)

Published

on

Tassos-Panagiotaros-Announcements-Prague-2020 Prague Gaming Summit 2020 speaker profile: Anastasios (Tassos) Panagiotaros (Sales Director at Golden Race – Virtual Sports & Betting Solutions)  The 4th edition of the Prague Gaming Summit will take place on 6 March 2020 and welcomes leading operators, service providers and gambling industry experts from all across Europe. On the 6th of March at the Prague Gaming Summit, you have the opportunity to dive into several subjects, among which also the “You Thought […]
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Prague Gaming Summit 2020 speaker profile: Anastasios (Tassos) Panagiotaros (Sales Director at Golden Race – Virtual Sports & Betting Solutions)

Continue Reading

Latest News

China Vows to Work with Philippines to Combat Online Gaming Crimes

Published

on

9-13 China Vows to Work with Philippines to Combat Online Gaming Crimes  China has vowed to work closely with the Philippines to combat cyber-criminal activities arising from Philippine Offshore Gaming Operations (POGOs), according to a statement issued by the Chinese Embassy in Manila. “The Chinese side would like to continue to work closely with the Philippines to combat such crimes as telecommunications fraud, illegal online gambling, […]
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: China Vows to Work with Philippines to Combat Online Gaming Crimes

Continue Reading

Trending

European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +50,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports.

Contact us: sales@europeangaming.eu

Editorial / PR Submissions: editor@europeangaming.eu

Copyright © 2015 - 2020 European Gaming Media and Events. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.