Friday, July 2nd, 2021 | Written by Renee
A controversial new rollover tax was approved by Germany’s federal parliament, the Bundestag and it came into effect on July 1, 2021. The new law imposes a 5.3% tax on both online poker and online slots, prompting multiple operators to reduce their services in the country.
In May, Unibet announced a partial withdrawal from the German market effective July 1, due to the implementation of the new tax laws. German players will no longer have access to the site’s cash games and single-table tournaments, and will no longer earn rewards via Unibet’s loyalty program.
Now, the world’s biggest online poker site PokerStars is also terminating some of its game offerings for its German players. Unibet and PokerStars are just two of several online operators forced to either cut their services or completely leave the country because of the new tax measure.