A combination of continued online growth and better than expected UK retail performance has allowed FTSE online gambling group GVC Holdings to upgrade its full-year corporate guidance. Citing market share gains across all major territories, the group recorded group ‘pro-forma’ revenues of £1.8 billion up 5% on corresponding H1 2018’s £1.7 billion. During the trading period, GVC’s enlarged multi-regional online …
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Gambling group GVC Holdings has confirmed that it will be carrying out a major reshuffle of its senior product team in a bid to fine tune its current operational structure. As part of the reshuffle, GVC’s deputy chief operating officer Valery Gelfman will be handed the responsibility of monitoring the operator’s senior product team. Commenting on the changes, Shay Segev, …
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Ahead of the upcoming football season, GVC Holdings has confirmed that it will be donating a number its current sponsorship deals to GambleAware’s ‘Bet Regret’ campaign. GVC has confirmed that a total of 42 clubs will be donating their sponsorship assets to GambleAware, including: Sunderland, West Bromwich Albion, Burnley, Sheffield Wednesday and Sheffield United. The move comes a bid to …
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Betdaq has fulfilled a “key strategic aim” by launching a fixed-odds sportsbook to complement its 2% exchange and online casino. The new sportsbook will be backed by a multi-channel marketing campaign that includes PR and social media activities with ex-England footballer Glen Johnson and above the line advertising starring renowned actor Ralph Ineson. The entirely new sportsbook offers a shared …
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FTSE100 GVC Holdings has this morning disclosed that it will sell its 50% stake in Spanish bookmaker Sportium to joint-venture partner Grupo CIRSA for €70 million. GVC secures its interest in Sportium, through its ownership of Ladbrokes, who in 2007 launched Sportium entering a 50/50 partnership with CIRSA. Last May, Spanish business news sources reported that CIRSA had filed a …
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FTSE100 GVC Holdings Plc has this morning published its ‘post-close’ interim H1 2019 trading update, citing strong online growth as the company continues to adjust to UK FOBTs retail realities. Despite competing against a tough comparative period featuring World Cup 2018 trading, GVC maintained its digital momentum to record a group H1 2019 NGR of +17%, helping the firm to period …
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GVC Holdings European sports betting property bwin has commissioned industry programmatic and content marketing optimisation specialist FRESH8 to support its advertising channels across Germany and Austria. The partnership will focus on elevating bwin’s current programmatic advertising strategies and planning across digital and social media channels, utilising FRESH8 marketing automation and personalisation software. bwin marketing confirms that it will utilise FRESH8’s …
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Continuing its commitment to the ‘Changing for the Bettor’ social responsibility mandate established by parent company GVC Holdings, BETDAQ has confirmed that it has donated its shirt sponsorship of Charlton Athletic to charity ‘Children with Cancer UK’. The online betting exchange has served as Charlton Athletic shirt sponsor since 2016, confirming that it will donate its final year as lead …
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The governance of FTSE100 gambling group GVC Holdings has issued a statement on the press coverage related to the firm’s 2017 sale of its ‘Headlong limited’ Turkish business unit. This weekend, The Sunday Times reported that GVC Holdings faced ‘fresh questions over its corporate governance’, disclosing that Group CEO Kenneth Alexander had sanctioned the sale of Headlong to business associate …
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Industry strategic consultancy Regulus Partners reviews a week of conflict and consequences for UK betting incumbents adjusting to new FOBTs and social responsibility realities. _______________________ Last week saw optically conflicting news coming from the GB LBO sector as to the impact of the B2 ban (primarily) on likely shop closures. First, William Hill guided that around 700 shops (30% of …
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