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British iGaming and sportsbook operator GVC Holdings has announced that four of its biggest brands have been awarded with licenses to operate online sportsbetting in the regulating German market. The source detailed that the Tolerance Policy directives are to additionally limit local play to those over the age of 21 and prohibit such punters from losing more than 20% of their maximum spend. The operator stated that its brands will also be obliged to institute deposit limits until the completion of ‘customer verification processes’ and thereafter limit any individual bonuses to an annual maximum of €100 (8)....
The London-listed firm used an official press release to detail that the decisions regarding its Ladbrokes, SportingBet, Bwin and Gamebookers brands are immediately effective although it will now be endeavoring to finalize a schedule for their individual implementation of the Tolerance Policy directives contained within the nation’s New State Treaty on Gambling.The London-listed firm used an official press release to detail that the decisions regarding its Ladbrokes, SportingBet, Bwin and Gamebookers brands are immediately effective although it will now be endeavoring to finalize a schedule for their individual implementation of the Tolerance Policy directives contained within the nation’s New State Treaty on Gambling. Combined with the recent Tolerance Policy, we can now look confidently to the future, building on our position as a market leader by delivering an unparalleled and innovative experience for our German customers....
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com used its own coverage of this award to report that the Cashpoint brand from German gaming machines giant Gauselmann Group as well as the domain at Tipwin. The much-anticipated regulation of online gaming in Germany re-enforces our position as the most globally regulated and responsible operator in our industry. The operator stated that its brands will also be obliged to institute deposit limits until the completion of ‘customer verification processes’ and thereafter limit any individual bonuses to an annual maximum of €100 (8)....
