GVC Holdings has awarded Leeds-based integrated marketing agency Home its £5 million media buying and planning account for the UK relaunch of online bingo subsidiary Foxy (foxybingo.com). Confirming Home as its lead agency, GVC marketing seeks to relaunch and revamp Foxy, one of the oldest UK online bingo brands. Home will be tasked with delivering Foxy’s TV and video-on-demand campaign …
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Issuing a corporate trading update, the governance of FTSE-listed GVC Holdings Plc (GVC) has reported a resilient Q4 2016 closing with the operator able to cushion ‘punter friendly’ results and adverse currency fluctuations recorded during the period Despite the tough conditions, GVC was able to record growth throughout its top-line metrics, reporting growth in its group sports wagers, operating margin …
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Industry news sources have reported that Betfred and GVC Holdings (GVC) have terminated their planned platform partnership, just months before Betfred was due to begin its platform migration to GVC systems. EGR Magazine reports that the both Betfred and GVC governance have agreed by ‘mutual consent’ to terminate the partnership, first agreed in May 2016. Entering the partnership, Betfred had …
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FTSE-listed bookmaker GVC Holdings (GVC) has today confirmed that Roni Maman will be joining its organisation taking up the newly-created role of VP Business Operations. The new role will include responsibility for the operator’s corporate structure, executing business processes and the planning and strategy of GVC syndicated brands’ customer services. Maman brings extensive experience in operations and a strong and …
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GVC has agreed to sell its payments processing business Kalixa Group to Singapore-based global payments operator Senjō Group for a total consideration of €29.0 million payable in cash on completion. Prior to completion, an amount equal to the free cash (over and above €2.1 million) in the Kalixa Group will be retained by GVC by way of dividend. The sale …
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Updating the market this morning, the governance of FTSE-listed GVC Holdings declared that it expects corporate top line metrics of group net gaming revenues and clean EBITDA to be at the upper end of its FY 2016 forecasts. Issuing a short corporate statement, GVC governance moved to propose a 49% increase in its proposed 2016 special dividend to € 14.9 …
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International news publisher, the Press Association (PA) has been selected by European sports betting operator bwin (GVC Holdings subsidiary) as its news and content provider throughout its multiple product verticals. GVC management has approved PA journalist teams to provide exclusive content for its bwin sports betting asset. The content-led partnership aims to provide bwin with a further point of differentiation …
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The City of London has registered speculation that newly merged Ladbrokes Coral Plc is a potential takeover target of FTSE rival GVC Holdings. Last Friday the Financial Times reported that Ladbrokes Coral shares had gained circa 5% value on the speculation that GVC governance were considering an ambitious reverse takeover of the betting giant valued at a reported £3.2 billion …
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Rising sports margins and a slight uplift in wagering turnover helped GVC notch up a 14% constant currency rise on sports net gaming revenue (NGR) per day in the third quarter. The company said the growth trend had continued into October, which saw a 10% constant currency rise in overall NGR per day against what the company described as a …
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Updating the market, GVC Holdings has today announced that Scientific Games Corporation’s games developer WMS studio will supply its market-leading online casino content to the Group’s Spanish and Belgium gaming sites. The new WMS games inventory will be offered through the bwin, partycasino and partypoker brands, will see in excess of twenty titles added to GVC’s portfolio, another significant upgrade as the …
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