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2 million). 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.Read a statement from Segev…“The award of these licences is great news for GVC Holdings, bringing the clarity and certainty that we have long sought for sportsbetting in Germany....
The firm declared that these Tolerance Policy instructions are to moreover require online sportsbetting license holders in Germany to institute ‘certain responsibility requirements’ for their customers although up to 1% of their clienteles will be able to wager up to €30,000 (,400) per year ‘subject to enhanced due diligence and certain loss limits.Mandated maximums:GVC Holdings explained raging bull casino loginthat these edicts have imposed a €1,000 (,180) monthly wagering limit for online sportsbetting aficionados in Germany although this ceiling may be raised to as high as €10,000 (,805) for those who can satisfy a range of responsible gambling criteria. This Western-themed trip to the main street of a frontier town guarantees 3,125 ways to win on all spins and awards cash bounties of up to 200 times the bet by way of special Wanted Posters in extra spins....
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’Earnest execution:Shay Segev, Chief Executive Officer for GVC Holdings, used the press release to proclaim that his firm is now hoping to have fully implemented the complete range of Tolerance Policy initiatives by ‘the early part of 2021’ with these likely set to result in its earnings before interest, tax, depreciation and amortization falling on an annualized basis by up to £40 million (.ed Nobleways mechanic. The much-anticipated regulation of online gaming in Germany re-enforces our position as the most globally regulated and responsible operator in our industry....
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