Habanero lauds progress in ‘one of Europe’s most important markets’

Germany
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Online casino content supplier Habanero has taken its real-money games catalogue live in Germany, as well as asserting that the jurisdiction is set to become “one of Europe’s most important markets”.

Going live under the jurisdiction’s newly regulated framework on October 15, the day that its online gaming market formally opened under a transition period, the move comes ahead of the official market opening in July 2021.

In the meantime operators can engage with the market provided they adopt the new regulatory measures, with those ignoring the new regulations facing potential exclusion from the future official licensing procedure. 

The new directives include, reality check functionality, max win, five-second spin intervals, monthly deposit caps, and maximum stake limits coupled with the removal of autoplay and progressive jackpots, which it’s said have been introduced to further promote social responsibility and minimise gambling-related harm.  

Habanero secured entry into the country last month when its social casino offering went live with Schleswig-Holstein licensed operator Löwen Play.

Tal Zamstein, managing director at Löwen Play’s Digital Unit, stated: “Habanero’s world class portfolio has already been hugely successful with our social casino outlet, so we are thrilled to introduce players to its celebrated real-money catalogue.  

“Recent months have seen the studio further strengthen its position among Europe’s fastest-growing suppliers, and we have no doubt that it will continue to attract new audiences going forward.” 

The supplier has previously asserted that it has a raft of further agreements with German-based companies in the pipeline ahead of the opening of the country’s online gaming market in 2021.

Arcangelo Lonoce, European head of business development at Habanero, explained: “Germany is set to become one of Europe’s most important markets in the coming years, so it’s fantastic that our hit games went live on the day its regulatory framework came into effect.  

“Our partnership with Löwen Play has been of strong mutual benefit, and we anticipate that the company will continue to go from strength to strength in Germany and beyond.”