Greentube enters new German market with OnlineCasino Deutschland AG

| By Nosa Omoigui
Novomatic's interactive division Greentube has made its debut in the new German regulated market with the launch of its games portfolio with OnlineCasino Deutschland AG.
Greentube enters Germany market

Greentube has been able to launch nationwide after online gaming was legalised in the country from 1 July.

Greentube’s key account manager for Germany Julia Schagerl said: “We are beyond excited to have finally launched our games portfolio in the newly-regulated and highly-anticipated German market. The country has huge potential and our content has already proven popular with the local audience so we have high hopes for what the future has in store.

“OnlineCasino makes the perfect partner as we introduce our games to online players as they are an established operator with a great focus on responsible gaming, something that is of high importance to us at Greentube.”

OnlineCasino Deutschland AG has been in operation since 2013 in the regulated Schleswig-Holstein market, which was previously the only state in Germany to offer online casino.

CEO and Founder Andreas Pfeiffer added: “Greentube’s content is a must-have for a German operator and as the online market opens up nationwide we are thrilled to be the first operator to introduce their renowned games portfolio to local online customers for the first time.

“It is an exciting time for the gaming industry in Germany and we look forward to working together with Greentube to grow our online brand.”

The new German market includes a number of regulatory challenges, however. Online slots and poker will be taxed at 5.3% of stakes, while there will also be a €1,000 per month spending cap across all operators and a €1 per spin stake cap on slot games.

Germany becomes the latest market Greentube has debuted in, following its agreement with Poland’s Total Casino earlier this year.

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