Tag Archives: gvc holdings

Ahead of its Annual General Meeting, GVC Holdings Plc has issued a trading update for its opening four month performance of 2015 (120 days period ending 30 April). The operating firm of Sportingbet, Casino Club and Betboo brands has recorded average daily net gaming revenues (NGR) of €658,000, up 17.5% on €560,000 on the comparable period of 2014 Giving insight …

Touchbet ltd owner Magnus Hedman has been confirmed as the majority buyer of Pinnacle Sports, as his new enterprise looks to extend its presence within the European sports betting market. Pinnacle Sports CEO Paris Smith revealed to industry news source EGR Magazine that Hedman had become the company’s majority shareholder. The CEO stated that the company felt no pressure to …

Following this week’s announcement of record breaking corporate performance with EBITDA earnings of €49 million, gambling investment firm GVC Capital has been speculated as a potential acquirer of operator bwin.party. Throughout 2014, bwin.party has been subject to speculation of a takeover or a sale of its individual business assets. This March bwin.party Chairman Philip Yea confirmed that the operator had …

GVC Holdings operating firm of Sportingbet, Casino Club and Betboo brands, reported its preliminary results for 2014, recording key growth in all top line performance metrics. In 2014 the operator had recorded increased player wagering which brought gross revenues up to €1.47 billion (FY 2013: €1.1 billion). The improved player wagering transferred to a 32% increase in net gaming revenues …

GVC Holdings operating company of sports betting brands Sportingbet, Casino Club and betboo reported to its shareholders that its 2014 ended strongly with gaming revenues exceeding €20.3 million for the month of December. In a short Q4 2014 announcement, GVC stated a record level of sports betting turnover during the period, which helped them post a Net Gaming Revenue (NGR) …

GVC Holdings PLC controlling company of sports betting and igaming brands Betboo, Sportingbet and Casino Club, stated that it was confident of hitting its raised market expectations having published a strong performance for its latest Q4 2014 results. The operator had seen recorded improved sports wagering during the quarter up 12% on Q4 2013 figures (see performance chart below).  GVC …

GVC Holdings has revealed that trading during the World Cup was up 61% on the same period last year, with an average net gaming revenue per day of €736,000. The firm, which owns the Sportingbet brand, said that trading over this thirteen day period was assisted by the favourable results in the latter stages of the World Cup which resulted …

UK listed igaming operator GVC Holdings have confirmed the gaming operations approval of Betit Holdings by the Malta’s Lotteries and Gaming Authority (LGA).  Betit Holdings is a GVC Holdings and Betit Securities joint igaming venture, set to target the Scandinavian igaming market. The partnership between the two parties was announced last April, at GVC Holdings quarterly financial address.  The new …

GVC Holdings, gambling operators of igaming brands Sportingbet, Casino Club and Betboo are set to enter the Scandinavian igaming market, with the announcement of a strategic joint venture partnership with Betit Securities Ltd. GVC Chief Executive Kenny Alexander had been eyeing the expansion of GVC betting services in new territories; at the start of 2014 Alexander noted that the company …

Betradar, supplier of sports and betting related data, has launched its Virtual Football solution with GVC Holdings‘ flagship website sportingbet.com, meaning the product has now been incorporated by more than 50 operators worldwide. “We are delighted that GVC Holding has decided in favour of our solution to integrate virtual football into the Sportingbet website”, says Managing Director of Sales, Erik …