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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.NetEnt now has an even stronger market position in Pennsylvania, where the brand’s games have proven to be a big hit among players.Strong Market PositionPlayLive! first launched in August, becoming the first online gaming site approved to go live before the associated physical venue is open....

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com have furthermore just been licensed to begin offering their services to punters in Germany.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. 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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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 source explained that such firms will now be obliged to pay a 5% tax on turnover rather than the previous 2% duty on revenues with state-determined exchange rates utilized to calculate the local equivalent of any amount owed in a foreign currency.NetEnt now has an even stronger market position in Pennsylvania, where the brand’s games have proven to be a big hit among players....