GVC Optimistic No Online Casino Crash Coming In Germany

GVC Holdings is optimistic that online casinos will be approved in Germany from June 2021 and would be "disappointed" if officials try to enforce a ban before then, executives said on Thursday.

Germany — where online casinos are officially banned — looms large for European operators including GVC, which generated 15 percent of its online net gaming revenue there last year.

Interim amendments to the country’s interstate treaty to renew sports-betting licences from January 1 appear to make it clear that to be awarded a licence, online operators will have to shut down their German casinos.

To continue reading please log in or request a demo to speak to a member of the team.

Request a Trial