Tag Archives: GVC

GVC’s stand-out online division offsets inevitable UK retail decline

Citing market share gains across all operating territories, FTSE250-listed GVC Holdings has backed its underlying corporate strategy to navigate regulatory complexities both home and abroad.  Publishing its full-year 2019 results, GVC has recorded a pro-forma net revenue increase of 3% to £3.65bn (FY2018: £3.57bn) driven by the strong growth of its online division and European retail portfolio.  Despite competing against …

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Martin Lycka: Liberalism versus conservatism played out in German law

GVC’s Director of Regulatory Affairs Martin Lycka revisits the online gambling laws in Germany and sees what the ‘sixteen kings’ have in store for the industry. ____________________ Habemus State Treaty. After years of thick black smoke, white billow has spewed out from the tiny little chimney perched on the roof of the German Gambling Chapel. The sixteen cardinals dispatched by …

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Affiliate leaders confirmed for CasinoBeats Malta 2020

Attendees of CasinoBeats Malta 2020 will benefit from the expertise of both affiliates and operator affiliate managers as more leading companies and senior executives have been confirmed for the March event. The agenda for the premier online casino conference and exhibition, which takes place at the InterContinental Malta on 24-26 March, makes CasinoBeats Malta 2020 one of the key dates in this year’s …

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GVC Holdings transfers corporate control to London HQ

Issuing a corporate update the governance of FTSE250 GVC Holdings has disclosed that its shareholders have approved relocating the firm’s management control and tax residency to the firm’s London headquarters. The decision follows a vote sanctioned through ‘extraordinary general meeting’ (EGM) held in Gibraltar this week, in which the motion was approved by 99% of GVC investors. Since 2010, GVC …

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DCMS to judge whether football needs to blackout betting

Nigel Adams, the UK Minister for Sports and Digital (DCMS), has stated that ‘football’s link with betting’ will form a key part of the government’s ‘imminent review’ of the 2005 Gambling Act. Interviewed by BBC Sport, Adams detailed concerns on football being ‘too dependent’ on gambling sponsorships, as the DCMS Minister outlined the government’s agenda for UK sports. Adams revealed …

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Winning Post: UK gambling faces its inevitable credit clean-up

Industry strategic consultancy Regulus Partners starts of the week by looking at the ban on credit cards for betting activity, and further additions to the safer gambling agenda in the UK. UK: regulation – taking credit? Gambling with credit cards, or through wallets funded directly from credit cards, will be banned in GB from April 2020. The consultation responses largely …

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DCMS ‘very angry’ over FA streaming rights deal

The Department for Digital, Culture, Media and Sport has weighed in on the debate surrounding the Football Association’s streaming rights, with Sports Minister Nigel Adams saying that the government is ‘very angry’ with the current arrangement. Reported by the BBC, Adams has confirmed that the government is due to be holding talks with the FA regarding the sale of its …

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Martin Lycka: What Would Pelé Do?

In the fifth of a series of columns on international gambling legislation, GVC Holdings Director of Regulatory Affairs Martin Lycka wonders what might Pelé and his footballing band of brothers think about Brazilian sports betting regulation. In an exclusive fictitious interview, we have asked Brazil’s all-time leading goal scorers for their views on the regulatory works the Brazilian government has …

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