After securing a near majority approval of its shareholders to proceed with the proposed acquisition of Ladbrokes Coral Plc, GVC Holdings has further receivgo-aheado ahead of its investor counterparts at the FTSE100 betting group. The transaction is now set to be forwarded on to the United Kingdom’s High Court for final judgement (target date 23 March) It has, however, been …
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Online gambling business ElectraWorks has been fined £350,000 by the Gambling Commission for repeatedly misleading consumers with adverts relating to free bonuses. Additionally, the operator has also received a formal warning from the Commission for failing to ensure that the person responsible for marketing at the business was in possession of a personal management licence. On 17 August 2016 the …
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Yggdrasil Gaming has continued its expansion strategy into new markets, with an announcement that a deal has been reached to offer its titles within Spain. Working in conjunction with existing partner GVC, Yggdrasil details that the firm is set to enter the regulated Spanish iGaming market later this year. GVC, whose strong presence within market of Spain is partly aligned …
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Seeking to bolster Spanish market integrity provisions and social responsibility initiatives, Spanish industry trade body, La Asociación Española de Juego Digital (Jdigital), has announced the launch of new information portal JuegoESresponsable (juegoesresponsable.org). The portal seeks to bring transparency to Spanish online gambling consumers, whilst highlighting responsible gambling practices and social responsibility projects undertaken by Spanish market stakeholders. Jdigital informs that JuegoESresponsable, …
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FTSE online gambling group GVC Holdings has this morning informed investors that it expects its full-year corporate earnings to be at the top end of management expectations having finished 2017 trading strongly. Issuing its Q4 2017 trading update (period ending 31 December), GVC reports daily group net gaming revenues of €2.2 million up 24% on corresponding Q4 2016 daily NGR …
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FTSE online gambling group GVC Holdings has today detailed its proposed bid for bookmaker Ladbrokes Coral Plc, putting forward a takeover deal that could be worth up to £4 billion, creating a new multi-channel, multi-market gambling group. Bringing clarity to its initial bid (first announced 7 December), GVC’s proposition values Ladbrokes Coral at 160.9p per share, equating to approximately £3.2 billion. However, deal …
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Issuing its Q3 2017 trading update (period ending 30 September), FTSE-listed online gambling group GVC Holdings has reported a continued strong corporate momentum, recording growth across its key metrics and KPIs. Despite competing against a tough Q3 2016 comparative period which featured the final stages of UEFA Euro 2016, GVC would report a 1% increase in daily wagering to €11.3 …
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GVC Holdings’ sports betting subsidiary Bwin has extended its existing partnership with European sports broadcaster Eurosport (Discovery Networks) becoming the lead sponsor of all its Bundesliga coverage. Agreeing on sponsorship terms, Bwin will boost its coverage across all Eurosport Deutschland channels, becoming the principal sponsor of Bundesliga Friday, Sunday and Monday night football matches on Eurosport’s HD network. Further to …
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After having a presence at SBC’s Betting on Football 2017, Italian Serie A club, AC Milan has announced that StarCasino has agreed to become the official betting partner of the club. The partnership will span three years, with the operator offering a range of exclusive events and promotions exclusively for Milan fans as part of the agreement. The deal follows on …
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Three time European champions, FC Internazionale has announced a sponsorship agreement with online betting company, Bwin. The partnership which has been agreed until 2020, means bwin is the club’s first ever official betting partner. The Italian club will utilise bwin’s services to provide fresh and international content, introducing pitch side led screens that will advertise in-play odds during the Nerazzurri’s matches. …
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