Germany’s regulated gambling market was built on a clear public policy promise. The legal offer should be attractive enough to channel players away from unregulated alternatives while giving regulators the tools to supervise operators, enforce player protection and reduce black-market activity. That is not a minor detail in the architecture of the Glücksspielstaatsvertrag 2021, because channelisation is not just a slogan. It is the economic foundation on which the consumer protection model depends....

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