Tag Archives: gvc holdings

GVC pushes for complete ban on TV Advertising

Issuing a corporate statement, the governance of FTSE100 gambling group GVC Holdings has this morning called for an end to all ‘UK sports-betting broadcast advertising, at any time of the day’. In its statement, GVC declares that it believes that the inbound ‘TV whistle-to-whistle’ advertising ban, set to be implemented from 1 July will not serve the industry for its …

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Czech SPO ups blanket tax on all gambling verticals

Reform of the Czech Rep gambling marketplace appears to be further than ever before, as the nation’s Ministry of Finance publishes 2019 plans to increase taxes across all ‘vice sectors’. On 4 April, the Czech Finance Ministry submitted its proposals to the Senate, seeking to implement new tax plans ‘increasing public budget revenues’. The mandate hits Czech gambling stakeholders hardest, …

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Digital growth sees GVC post ‘excellent start’ to 2019 trading

FTSE100 gambling group GVC Holdings reports an ‘excellent start to the year’, publishing its pro-forma trading update for Q1 2019 (period ending 31-March), as the company now enters a crucial adjustment period for all UK gambling incumbents. Updating the market, GVC governance reports a strong volume of growth across all major territories, driven by the firm’s online gambling assets, as …

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GVC and Hero become the latest to join Swedish gaming association

SafeEnt

GVC Holdings and Hero Gaming are the two latest gaming operators to join the Swedish industry association Branschföreningen för onlinespel (BOS) which encourages probity, integrity and social responsibility for operators. The membership is set to apply to all gaming brands under the GVC and Hero umbrellas, including GVC’s bwin, PartyPoker and PartyCasino. For Hero, this will cover its Casino Heroes, …

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GVC confirms agreed departure of Lee Feldman as Chairman

This weekend, UK business news sources reported that GVC Holdings seeks a new Chairman, as incumbent Lee Feldman is preparing to announce his formal departure from the FTSE100 betting group. The news of the departure comes amid GVC investor backlash at Feldman and Chief Executive Kenneth Alexander having offloaded a combined 3 million of company shares, at the presumed ‘discounted …

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Lottomatica backs GVC’s revamped Italian bingo network

Updating the market, FTSE100 gambling group GVC Holdings has moved to revamp its Italian igaming services, launching its new ‘Bingo 3.0’ platform serving the firm’s B2C brands in Italy – as well as servicing a network of 27 B2B partners. For the launch of Bingo 3.0, GVC announces a further major Italian coup, with Italian national lottery operator Lottomatica joining …

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Amelco targets ‘unparalleled pricing accuracy’ launching Quantum Outrights

Sports betting platform and trading services provider, Amelco has stated that it has released football betting’s ‘most advanced outright pricing model’ launching its ‘Quantum Outrights’ feed. Quantum Outrights has been developed utilising Amelco’s proprietary machine learning tools, with Amelco detailing that its new product can price the outcome of all 380 games across the Premier League season with an unparalleled …

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GVC embraces its digital capacity amid a changing UK landscape

Completing its first year as FTSE100 enterprise, GVC Holdings reports that the betting group has demonstrated its global scale and market diversification capacities, delivering growth across all operating territories. The firm’s enlarged portfolio of nineteen brands, operating across multiple European jurisdictions records full-year 2018 group revenues of £2.9 billion (FY2017: £800m) – as GVC governance continues to explore further new …

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partypoker returns to tough Czech Rep market

GVC Holdings’ property partypoker has announced its official return to the Czech Republic online gambling market in partnership with regional casino operator King’s Resort Rozvadov.  Closing 2018, partypoker Managing Director Tom Waters revealed that the online poker room had been granted a licence by the Czech Finance Ministry. The update sees partypoker become the second international operator and online poker room …

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GVC commits to deeper technical arrangement with Playtech

FTSE100 online gambling group GVC Holdings has this morning announced that it has signed an agreement with Playtech Plc ‘covering a new long-term commercial relationship’. Playtech has formerly served as the lead platform and systems supplier for the GVC acquired properties of Ladbrokes and Coral UK. Integrating Ladbrokes Coral assets during the course of 2018, industry analysts wondered what type …

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