The German gambling regulator, Gemeinsame Glücksspielbehörde der Länder (GGL) has fined online gambling operator Red Rhino Ltd €50,000 for providing illegal gambling products and services in the German market.
German Regulator Fines Red Rhino for Illegal Gambling German Regulator Fines Red Rhino for Illegal Gambling.GGL Board member Benjamin Schwanke said:
German Regulator Fines Red Rhino for Illegal GamblingFellow board member Ronald Benter added:
German Regulator Fines Red Rhino for Illegal GamblingRed Rhino’s penalty can be increased if the operator fails to take action to remove itself from the local market.
According to the latest Global Gambling Statistics, Germany has the second highest number of active gamblers in the world with 29 million people gambling regularly.