Tag Archives: GVC

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

Brian Mattingley – 888 is No Takeover Target

Having pulled out of the bwin.party Entertainment takeover race last Friday, 888 Holdings Chairman Brian Mattingley has told the Financial Times that the company is still on the lookout for further acquisitions. The 888 Chairman further stated that the operator was “not a target” within the consolidating igaming sector which has seen significant M&A activity in 2015. Mattingley noted that …

Read More »

Strong sports betting performance drives GVC H1 revenues up 15%

London AIM listed igaming group GVC Holdings, the operator competing against 888 Holdings for the takeover of bwin.party Entertainment, today published its Interim H1 2015 results. Reporting to the market, GVC recorded a 18.6% increase in wagering to €824 million (H1-2014: €694 million) for the period. A strong H1 wagering performance would lead to improved performance throughout all core GVC …

Read More »