Tag Archives: GVC

Further to publishing its Q3 2018 trading update, the governance of FTSE100 GVC Holdings has today confirmed the upcoming departure of Paul Bowtell as Group Chief Financial Officer (CFO).   Updating the market, GVC confirms that Bowtell will depart the company’s executive leadership team on 5 March 2019, further disclosing that Bowtell will join London private equity firm Alchemy Partners. …

Publishing its Q3 2018 trading update (period ending 30 September), FTSE100 betting group GVC Holdings details continued corporate growth and progress on its core strategic objectives. The enlarged FTSE firm continues its strong digital momentum, recording +28% period NGR increase, detailing growth across all its major operating territories. Boosted by the closing stages of World Cup Russia 2018, GVC sports …

Further to announcing its new social responsibility commitments, FTSE100 betting group GVC Holdings today launches its new ‘Community Programme’, focusing on increasing funding to UK sports and social initiatives. Launched at a Parliamentary reception attended by Baroness Tanni Grey-Thompson, GVC governance outlined the key objectives of its Community Programme working alongside charity SportsAid. Moving forward, the FTSE enterprise seeks to …

FTSE-listed gambling group GVC Holdings has launched the first titles developed by its proprietary Manchester games studio ‘CR Games’, across its multi-brand portfolio. Updating the market, a catalogue of 20 new games will be made available across the casino properties of bwin, Party Gaming and Sportingbet brands.  GVC will launch its initial CR Games inventory across its ‘dotcom markets’, seeking …

Publishing its interim 2018 results (six-month period ending 30 June), FTSE-listed GVC Holdings displays its enlarged capacity as digital and European growth helps override tough UK retail trading conditions. Presenting its first report incorporating the assets of Ladbrokes Coral (acquisition officially completed on 28 March 2018), GVC records group revenues of £1.1 billion. In its report, GVC governance highlights its …

Betdaq has unveiled its latest brand ambassador, with grade 1 winning National Hunt trainer Harry Whittington aligning himself with the online betting exchange brand. Under the terms of the partnership Whittington is to provide content on a weekly basis to Betdaq’s multi-sport content site, betdaqtips.com, which will see its customers offered a unique insight “into one of the UK’s most …

Through the pair’s recently announced US sports betting venture, GVC Holdings PLC and MGM Resorts International have expanded New Jersey’s mobile sports betting opportunities, with the launch of playMGM. The playMGM NJ Sports betting app provides markets on a full range of US and selected international sports with customers able to sign-up, deposit and withdraw money directly from their mobile …

As has been well reported, Ladbrokes (GVC) will have to cease trading for a day on 3 September as punishment meted out by the Belgian Gaming Commission for continuing to offer Virtuals product against (disputed) regulatory changes – a product it once held a national monopoly over. Ladbrokes’ Belgium business represents c. 1% of GVC’s group revenue. If 3 September …

The Advertising Standards Authority (ASA) has reprimanded Coral Interactive, following a complaint that challenged whether the content of three adverts would have a particular appeal to children. Ads in question were seen on February 20 of this year and related to the Rainbow Riches, Fishin’ Frenzy and Lucky Wizard titles, which feature animated images, including that of a leprechaun, pot …

The Board at GVC may face a battle to pass two resolutions at its AGM next week regarding executive pay after shareholders were advised to vote against the proposals. GVC, which operates the betting brands Ladbrokes, Coral & bwin, intends to award CEO Kenny Alexander and chairman Larry Feldman huge share option packages, worth £45m and £22.5m respectively since 2016. While …