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The well-known GVC Holdings group has been given the green light to expand its operations in the state of Nevada after the approval of the Nevada Gaming Commission. The license will be valid for 2 years and was given after a unanimous vote. During the hearing, GVC Holdings CEO Kenny Alexander was put under pressure regarding ineffective player monitoring processes in the region of Turkey.
Good Favor in Exchange for Compliance Measures
The company took responsibility for its actions and seemed rather apologetic in the session. Lee Feldman, Chairman of the GVC group, reassured the Commission that they're taking all measures necessary to ensure full compliance. Tony Alamo Jr, NGC Chairman, sounded confident that the company does not need to be more strictly monitored to ensure they're complying.
GVC was also requested to submit a $100,000 payment to fund NGC's investigations, which will safeguard that the group rises to certain compliance standards. On the other hand, the group did not object to the duration of the license. Lee Feldman also addressed the partnership between MGM Resorts and GVC with the headquarters of this new endeavour located in Las Vegas, housing 14 people.
Why choose Bwin
- 50+ sports
- Cards & Corners
- Edit my bet
- Multiview feature
- Partial & Automatic Cashout
- 20+ payment methods
- Mobile apps
- Lots of interesting promos
No introduction is needed for Bwin. They were the first betting giants, being founded in 1999 when they came to the spotlight as Bet And Win. Since 2016, they have been under new ownership - Entain Plc - and have a clear white market strategy, acquiring domestic licenses in New Jersey, Sweden, Italy, Greece, France, and Spain. Bwin is regarded as a top-class bookmaker, but there are some massive pros and cons. The website is a little bit outdated, and the odds should be higher, especially in the top leagues. The absence of Asian bets and the slow withdrawal times are also a great minus. The same applies to the fast limitation on winning accounts, no matter if we are talking about a sharp or a recreational player. On the other hand, the live betting section comes with so many extra features, like Multiview and live streaming. The range of extra bets, both at the pre-match and live betting, sports and payment methods is huge, and the mobile apps are magnificent. No matter the disadvantages, Bwin will always be a safe place and a classic destination for the bettors.
