GVC Holdings has reported a Group net gaming revenue (NGR) increase of 10% from the first half of last year (€441.8 to €484.8m), even in the absence of a major football tournament. Issuing its combined H1 and Q2 trading update, GVC also showed that Group NGR per day was up 10% from H1 2016 and 8% for Q2, even though …
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GVC Holdings turns down approaches for bwin.party assets
UK newspaper the Daily Telegraph has reported that GVC Holdings governance has rebuffed a number of offers interested in acquiring its bwin.party Entertainment assets. The Aim listed operator, stated to the newspaper that it had been approached by interested parties in the potential sale of UK bingo operator Cashcade and its B2C brand Foxy Bingo. GVC had received further interest …
Read More »Millicom & Kalixa create payments partnership for Africa & Latin America
Digital Payment providers Millicom and Kalixa announced today the establishment of a joint venture to develop a payments service provider to operate in Africa and Latin America, initially commencing in Colombia and Brazil later this year. The joint venture will offer payment acceptance services for both businesses and consumers, including payment gateway and point of sale solutions for merchants as …
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