Tag Archives: gvc holdings

GVC’s Mark Chambers to step down

GVC Holdings has confirmed that its Managing Director for retail in the UK and Ireland Mark Chambers will step down from the position in March 2020, due to be succeeded by Andy Hicks. The announcement marks a shake-up for the operator’s retail division, which has already undergone a number of changes due to FOBT legislation and subsequent shop closures. Hicks …

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Winning Post: Gambling researchers puzzle the state of independence

Industry strategic consultancy Regulus Partners looks at the shifts in the French market, and the launch of a Christmas abstinence campaign France: FDJ IPO – plus ca change? As the IPO of FDJ looms (reportedly at the upper end of the price range on an over-subscribed book) ARJEL has reported another strong online market performance. Domestically regulated online revenue grew …

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GVC hosts ‘research symposium’ on gambling addiction

FTSE betting group GVC Holdings is today hosting a ‘symposium on research into safer gambling’ showcasing the academic progress of its partnership with the Cambridge Health Alliance – a Harvard Medical School. A key directive of its ‘Changing for the Bettor’ social responsibility mandate at the start of 2019, GVC formed a $5.5 million multi-year partnership supporting Cambridge Health’s ‘Division of …

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Kenneth Alexander: GVC – ‘Industry cannot be turned into a political football’

GVC Holdings’ Chief Executive Kenneth Alexander has responded to criticism of his leadership, made public this week by the ‘All-Party Parliamentary Group (APPG) on Gambling Related Harm’. Opening the ‘Reputation Matters – gambling sector in the spotlight’ keynote event, Alexander spoke on GVC and the industry’s combined efforts to reduce problem gambling harms and further support treatment and research networks. …

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UK betting commits to new ‘five core’ safer gambling measures

Chief Executives from a number of UK betting companies have signed up to a new package of safer gambling commitments, which will place a focus on mitigating the associated risks of gambling.  The CEOs from Aspers, bet365, Caesars, Flutter Entertainment, Genting, GVC Holdings, Playtech, Rank Group, Sky Betting & Gaming and William Hill have all committed to the new set …

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GVC Holdings confirms Barry Gibson as new Chairman

GVC Holdings has confirmed the appointment of Barry Gibson as the operator group’s Non-Executive Chairman, with the appointment taking effect from today. Over the weekend, Sky News, The Times and The Daily Telegraph reported that Gibson would assume the new position, due to succeed Lee Feldman who will step down on 27 February 2020.  Stephen Morana, GVC’s Senior Independent Non-Executive …

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GambleAware receives £5.4m in donations for Q1 and Q2

According to recent figures released by GambleAware, UK operators Bet365, GVC Holdings and William Hill have again topped the list of donations received by the industry charity, for the period between 1 April 2019 – 30 September 2019. The charity had received £5.4m in pledges and donations for Q1 and Q2 of this year, however this does not include funds …

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Digital gains see GVC up 2019 earnings guidance

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FTSE gambling group GVC Holdings Plc has this morning upgraded its full-year EBITDA guidance to £670-680 million from its previous £650-670 million range. Updating the market, GVC governance points to continued online growth maintained during a ‘softer’ Q3 trading period’, in which GVC delivered a 12% increase in net gaming revenues (NGR) despite competing against World Cup Russia 2018 comparatives. …

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GVC forms ‘US Foundation’ driving new responsibility agenda

GVC Holdings has expanded its recently launched Global Foundation directive to US shores, announcing the formation of its new ‘US Foundation’ corporate responsibility programme. The US Foundation will lead the FTSE betting group’s North American strategy and standards for responsible gambling, corporate compliance and sports integrity disciplines. Supporting the development of US safer gambling and compliance frameworks, GVC is set …

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GVC pens integrity partnership with Professional Players Federation

GVC Holdings has secured a new partnership with the Professional Players Federation (PPF) which will work towards the promotion, protection, and development of integrity in UK betting.  As part of the new agreement, GVC will support the PPF in delivering sports betting integrity educational initiatives to the 17,500 professional athletes across the UK. David Foster,  GVC’s Head of Regulatory Affairs …

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