Online Poker Booms In Germany
Thursday, 10 April 2008
Online poker is booming in Germany with up to 290,000 people
regularly playing and spending at least $1.5 million in 2006 even
though the pastime is officially illegal.
According to the English-language Deutsche Welle broadcaster, it
is only le
Online poker is booming in Germany with up to 290,000 people
regularly playing and spending at least $1.5 million in 2006 even
though the pastime is officially illegal.
According to the English-language Deutsche Welle broadcaster, it
is only legal to gamble in casinos for money in Germany but no one
has yet been prosecuted for playing online, leaving the booming
Internet market in a grey area. This could explain why former
tennis professional Boris Becker became the face for PokerStars.com
nine years after hanging up his racket.
Deutsche Welle stated that game providers' servers are located
outside Germany in places such as Gibraltar, Malta and the
Seychelles to make questions of jurisdiction difficult for
prosecutors to answer. In addition, it said that Germany's tax
authorities have a monopoly on the land-based gambling business and
pocket more than half of the industry's earnings in corporate tax
but that online gambling remains unregulated with profits
circumventing State coffers.
Officially, Becker advertises the non-commercial division of
PokerStars.com where players deal in fake money but that the aim,
according to Deutsche Welle, is to interest people in the online
casino’s ‘real money’sites, which reportedly draw in huge
profits.
The news broadcaster also reported that online beginners can get
themselves in serious debt by overestimating their abilities and
mistaking luck for skill. Tobias Hayer, a psychologist from the
University of Bremen, is quoted as stating that online poker has
considerably lowered the threshold for compulsion.
'There's no social monitoring anymore,' said Hayer.