Tag Archives: GVC Holdings
- Quiet sports calendar? No problem says GVC Holdings
October 12, 2017
UK-listed online gambling operator GVC Holdings eked a modest one percent net gaming revenue in the third quarter despite a quiet sports calendar. GVC announced in a regulatory filing that daily average sports wagers grew to €11.3 million (US$13.40 million) during July to September 2018 compared to €11.2 million ($13.28...
- 888 Holdings shares dip as co-founder’s family sells out
October 4, 2017
UK-listed online gambling operator 888 Holdings’ share price tumbled on Wednesday after the family of one of its founders sold their entire stake in the company. On Wednesday, the O Shaked Shares Trust, which represents the family of deceased 888 co-founder Aharon Shaked, sold 46.3m shares in the company, which...
- Turkey tightens financial screws on int’l online gambling sites
September 19, 2017
Turkey’s finance minister says he hopes to seize as much money as he can from unauthorized online gambling operators serving Turkish punters. Over the weekend, local media outlet Milliyet quoted Turkey’s Finance Minister Naci Agbal estimating that annual turnover from Turkish punters playing on internationally licensed online gambling sites is...
- GVC credit PartyPoker turnaround for driving H1 gains
September 14, 2017
UK-listed online gambling operator GVC Holdings saw its share price hit a record high as investors celebrated the company’s stellar H1 performance. On Thursday, GVC released its report card covering the first six months of 2017, during which gaming revenue topped €486m, a 10% rise over pro forma results –...
- Bwin pop Inter Milan’s betting partnership cherry
August 30, 2017
GVC Holdings’ flagship sports betting brand Bwin has signed a new betting partnership with Italian football powerhouses Inter Milan. On Tuesday, GVC proudly announced that Bwin had inked a three-year deal to become the official betting partner of FC Internazionale, more popularly known as Inter. This marks the first time...
- GVC’s latest bid for Lads Coral fails; PartyPoker exit Australia
August 22, 2017
UK-listed online gambling operator GVC Holdings has once again aborted discussions to acquire UK rival Ladbrokes Coral Group. On Tuesday, UK media reported that GVC had made a new offer to acquire Ladbrokes Coral, the online/retail gambling behemoth created last year via the £2.2b merger of Ladbrokes and Gala Coral...