Tag Archives: Gaming VC
- B2B operations boost Gaming VC profit as Sportingbet redundancies begin
March 26, 2013
Malta- and Curaçao-licensed online gambling operator and B2B services provider Gaming VC Holdings (GVC) reported a €9.2m profit in 2012, a sharp turnaround from the €145k loss in 2011. Overall revenues rose 34% to €59.6m, with German-language B2C brand CasinoClub reporting revenues of €28.1m (-4.5%) and Turkish/Latin American-focused Betboo contributing...
- Hills Succeed where Ladbrokes Failed
October 26, 2012
After having initially confirmed that a bid was being formed on September 19, William Hill and GVC Holdings now look more than likely to land the object of their desire. Negotiations with Sportingbet over the joint-acquisition of the online bookmaker were ongoing for just under a month until the board...
- Valuing iGaming Operators
October 16, 2012
At the very end of last month we were told that Sportingbet had rejected a joint offer from William Hill and Gaming VC. This came after months of what are surely laborious discussions over various fine details and establishing a fair deal for both sides. Considering Ladbrokes spent a fair...
- Gaming VC full-year profits down 18%
April 19, 2010
Luxembourg-based online gaming company Gaming VC Holdings SA has posted an 18 per cent drop in full-year pre-tax profit for 2009. CEO Kenneth Alexander suggested that a difficult economic climate and the purchase of South American gaming company Betboo have impacted profits, but remains "cautiously optimistic" after revenues rose 7.7%...
- Gaming VC CasinoClub Expanding
January 28, 2010
Gaming VC is making moves to allow the expansion of its CasinoClub brand. CasinoClub brand has positioned itself for expansion in Europe and the United States should the Yanks ever figure out a little thing called regulation. Read more.
- Gaming VC enjoys bumper year
December 17, 2009
With the sale of its Italian sports betting brand, Betpro, imminent Gaming VC had announced gaming revenues have increased up by 4% to €50 million, thanks to strong growth in both sports betting and gaming. Read more.