Tag Archives: gvc holdings

Industry big guns issue response on levy commitment

Five of the industry’s big guns have shed light on recent revelations that there would be a collaborative effort in improving problem gambling initiatives by boosting levy contributions from 0.1 per cent up to 1 per cent over the next five years. It was reported by the BBC yesterday that CEOs from Bet365, Flutter Entertainment, GVC Holdings, Sky Betting & …

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‘Bettor Commitment’ sees GVC end BETDAQ Sunderland AFC sponsorship

GVC Holdings betting exchange property BETDAQ has rescinded its shirt sponsorship of Sunderland AFC, sticking to the principles of the FTSE100 betting group’s ‘Changing for the Bettor’  social responsibility mandate. Ending its relationship with Sunderland, GVC confirms that it has donated its shirt sponsorship to charity ‘Children With Cancer’, replacing BETDAQ as principle SAFC partner for the upcoming 2019-2020 football …

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Coral continues with ‘Sports Rodstein’ as lead advertising campaign

Coral (GVC Holdings) will continue to use Sports Rodstein as its lead UK advertising campaign, as the bookmaker launches two new TV adverts this weekend. Launched in May last year ahead of the FIFA World Cup, Sports Rodstein was the first campaign developed by Alpha Century as Coral’s new creative marketing agency. The campaign sees Hollywood actor and comedian Danny McBride reprise the …

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GVC Holdings confirms Triennial & Technology savings

FTSE100 gambling group GVC Holdings Plc will today host its Capital Markets Day, with corporate leadership outlining the firm’s ‘foundations for long-term market outperformance’. Presenting the firm’s strategic objectives and future prospects, GVC governance details progress on the firm’s enlarged agenda, a year following its transformative acquisition of Ladbrokes Coral. Citing an ‘accelerated migration’ of Ladbrokes Coral online brands onto …

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GVC, William Hill and bet365 top the list of GambleAware donations

According to recent figures released by GambleAware, UK operators GVC Holdings, William Hill and bet365 have topped the list of donations received by the charity, having given a combined amount of over £3.3m in 2018/19. GambleAware published its list of donations for the twelve months ending 31 March 2019. It has been pointed out that GVC Holdings, the umbrella group …

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CIRSA demands that Ladbrokes offload stake in Sportium joint-venture

Spanish business news source Economia Digital reports that Grupo CIRSA has sued joint-venture partner Ladbrokes (GVC Holdings) in relation to the ownership structure of its ‘Sportium’ subsidiary. Economia Digital reports that, in July 2018, CIRSA governance filed a Madrid Court challenge against Ladbrokes stating that Sportium joint-venture terms and agreements had been completely altered by GVC Holdings £4 billion takeover of …

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Andy Hornby steps down from GVC to join The Restaurant Group

Co-chief operating officer of GVC Holdings, Andy Hornby, is to step down from his position at the gambling giant to join The Restaurant Group as its new CEO. Hornby will be replacing the outgoing CEO, Andy McCue, at the Restaurant Group once an official transition date has been confirmed. Originally joining Gala Coral in 2011, Hornby has previously held positions …

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GVC pushes for complete ban on TV Advertising

shareholders

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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