Tag Archives: GVC

‘International diversity’ helps GVC Holdings ride out tough Q4 2016 closing

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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GVC optimises player base with Beehive marketing platform

Beehive - Copyright: kentoh / 123RF Stock Photo

Beehive has agreed a multi-brand deal with GVC to supply its data-driven marketing platform to the operator’s Playtech brands. The GVC deal represents the latest Tier 1 operator agreement for Beehive, following the agreement to provide its customer marketing tools across Ladbrokes’ retail estate in September of last year. With a focus on automating and optimising its multi-channel promotional campaigns, …

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Betfred & GVC forgo platform partnership

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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GVC appoints Roni Maman as VP of Group Business Operations

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 benefits from rising margins

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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GVC poaches Paul Miles from Wonga as company targets 2017 dividend payouts

London FTSE-listed online gambling operator GVC Holdings Plc (GVC) has this morning announced that Group Chief Financial Officer Richard Cooper is set to step down from its board in February 2017. GVC governance informed that Cooper has decided to leave the company in order to ‘pursue private business interests’. The operator has found a direct replacement for Cooper, confirming that …

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GVC appoints Adele Lawton as Head of Group Bingo

FTSE-listed GVC Holdings (GVC) has confirmed the appointment of Adele Lawton to the newly created role of Group Head of Bingo. Joining GVC Holdings, Lawton will be tasked with leading corporate initiatives and group strategy for GVC’s newly acquired online bingo properties which include Foxy Bingo, Party Bingo and Cashcade Network bingo partners. Lawton takes over as GVC online bingo …

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Under the boardwalk – GVC gets the green light in New Jersey

The New Jersey regulator has now approved both Bwin.party and GVC to offer gaming services in the state, when previously it was thought that such an outcome was unlikely. Scott Longley looks at the development. Jim Murren, the chief executive at MGM Resorts International, proclaimed after his company bought out erstwhile partner Boyd Gaming’s half share in the Borgata earlier …

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DGE grants GVC continued PartyGaming New Jersey licence

Updating the market, FTSE-listed online gambling operator GVC Holdings has announced that it has received a licence approval by the New Jersey Division of Gaming Enforcement (DGE) to operate its online gambling services within the state. The approval will see GVC Holdings maintain the New Jersey online poker and casino services of subsidiary PartyGaming which has operated in the regulated …

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New Jersey regulators allow bwin.party services under GVC ownership

The New Jersey Division of Gaming Enforcement (NJDGE) has cleared bwin.party Entertainment to continue to operate online gambling services (online poker and casino) under the ownership of GVC Holdings (GVC). GVC who have cleared all regulatory conditions to takeover bwin.party, are in the process of transferring the operators New Jersey license to its new enterprise. NJDGE will allow bwin.party to …

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