Tag Archives: gvc holdings

GVC joins AiDP ranks to promote workplace diversity and inclusion

FTSE100 GVC Holdings Plc has become a member of the All-in Diversity Project (AIDP) – a non-profit that provides industry stakeholders counsel and guidance on improving standards related to corporate diversity, equality and inclusion. GVC will become the latest tier-1 global operator to take AiDP membership, joining fellow publicly-listed betting counterparts Flutter Entertainment, Betsson AB and Kindred Group Plc  The …

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EPIC Risk Management: GambleAware funding needs a balanced approach

Earlier this year, five of the biggest operators in the UK, along with members of the Betting and Gaming Council, confirmed that they will provide £100m worth of funding to improve treatment services via GambleAware. However there are still questions regarding the best way to spend the money to ensure that it can sustain the industry and provide the ultimate …

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Martin Lycka – Torn souls of the great regulatory game

GVC Holdings’ Director of Regulatory Affairs Martin Lycka offers an insight into the lives of the gambling industry’s regulatory experts.  _________  ‘Hic sunt leones’ –  here are lions, is a phrase used in times gone by to denote unknown territories on maps. At the time of its first visionaries, there would have been no easier task than drawing a regulatory …

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GVC supports grassroot sports with ‘Pitching In’ programme

GVC Holdings has launched a new ‘multi-million pound investment programme’ which will deliver financial support to grassroot sports organisations. The programme, Pitching In, will be launched with a flagship partnership with The Isthmian, Northern Premier and Southern Leagues – collectively known as The Trident Leagues – which make-up levels seven and eight of the English football league pyramid. Commenting on …

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EU to investigate Ladbrokes’ Belgian virtual kiosks

The European Union (EU) antitrust agencies are set to carry out an investigation into Ladbrokes’ virtual betting concession in Belgium to ascertain whether it holds an exclusive right to operate services that can be recognised as an ‘unfair state subsidy’. Reported by Bloomberg, the EU probe follows on from complaints submitted by two other gaming operators after Ladbrokes was granted …

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GVC hires ‘comms pro’ Tessa Curtis to re-energise media profile 

Strengthening its corporate affairs and public relations leadership, GVC Holdings has confirmed the appointment of former BBC Business Correspondent Tessa Curtis to the newly created role of Head of Media Relations. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. Joining GVC on 1 September, Curtis will be tasked with overseeing the …

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GVC absorbs retail shocks as business recalibrates for critical H2 trading

GVC Holdings stated that it is ‘well placed to balance the year’, as the FTSE100 company absorbed significant retail shocks across its UK and European units, readjusting its full-year EBITDA outlook to £720m-£740m range (dependent on further COVID-19 outcomes). Publishing its interim results for the six month period ended 30 June 2020, GVC noted that the closure of its Ladbrokes …

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Martin Lycka – Regulatory high temperatures cancel industry’s ‘silly season’

Facing key regulatory showdowns across the European markets of Spain, Sweden, Germany and the UK, Martin Lycka GVC Holdings Director of Regulatory Affairs tells industry leadership to buckle down for the stresses of a working summer…  _____________ COVID-19 has upended everything. Even the regulatory silly season is now at risk of being cancelled; that eagerly awaited period of slow news …

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German regulations risk black market take-up says Lycka

Martin Lycka, GVC Holdings’ director of regulatory affairs, has called attention to the pending reorganisation of German gaming regulations, stating that ‘this is a gaming revolution built on sand’. Writing for Politico, Lycka explained that ‘German gambling is on the brink of revolution’ with incoming legislation paving the way for the registration of an unlimited number of sports betting providers, …

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GVC hails SportsAid programme developing next generation of British athletes

GVC Holdings looks forward to a further year of working with SportsAid, following the success of its first year partnering with the charity in supporting and developing ‘Britain’s next generation of top athletes’. In 2019, SportsAid was announced as one of the beneficiary charities of the FTSE100 firm’s newly formed ‘GVC Foundation’, providing a £2 million ‘community fund’ for its …

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