GVC Holdings brands awarded German online sportsbetting licenses

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 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.

Mandated maximums:

GVC Holdings explained that these edicts have imposed a €1,000 ($1,180) monthly wagering limit for online sportsbetting aficionados in Germany a…