GVC Holdings has confirmed a new partnership with Epic Risk Management working together to tackle gambling-related harms across the US. The partnership is to be funded by the GVC Foundation US, a non-profit subsidiary which is dedicated to promoting responsible gambling and aims to replicate the independent gambling harm minimisation consultancy’s European sports and education model. The programme is fully …
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FTSE250 gambling group GVC Holdings Plc has completed its first-ever ‘legal panel’ to strengthen corporate counsel across all operational disciplines. Marked as a key directive, GVC governance undertook the development of its first legal panel to represent the firm’s enlarged identity and global growth ambitions. A corporate strategy primarily adopted by large-scale enterprises, legal panels see companies strengthen their counsel …
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FTSE250-listed GVC Holdings has begun a new era of governance under the stewardship of Barry Gibson who will take up the role of Company Chairman. Updating its investors this morning, GVC detailed that Gibson had taken full control of Chairman responsibilities, ending incumbent Lee Feldman’s 12-year tenure leading the FTSE-listed firm’s corporate governance structures and oversight of leadership directives. Closing …
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GVC Holdings’ flagship online bingo property Gala Bingo has debuted its new UK-wide digital advertising campaign ‘Bingo like a Boss’. The digital campaign is fronted by reality TV star Paisley Billings from E4’s ‘Tattoo Fixers’ show, with the aim of showcasing the ‘sassy side of the online bingo community’. ‘Bingo like a Boss’ is Gala Bingo’s first campaign developed under …
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City news sources report that an £80 million bet has been placed against GVC Holdings, believing that the FTSE250 betting group’s share price will significantly devalue within the coming weeks. The short position against GVC has been taken by Chicago-based hedge fund Citadel, a $32 billion fund led by renowned activist investor Ken Griffin. Citadel analysts have confidence in betting …
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Ahead of Cheltenham Festival 2020, Coral marketing has unveiled its first ever ‘cinematic campaign’ which will celebrate the ‘pace, passion and drama’ of horse racing. Debuting its ‘Fail to Finish’ campaign, the first advert in Coral’s cinematic campaign series will promote the operator’s Cheltenham Festival 2020 ‘money-back offer’. The campaign will be followed by a ‘centrepiece advert’ based on flat-racing, which will …
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Issuing a corporate filing, the governance of FTSE250 GVC Holdings Plc has today disclosed that it has sanctioned the repricing and reallocation of its existing $786 million (€720m) first-lien term corporate debt bond. Updating investors, GVC details that it has undertaken the transaction to ‘simplify its corporate debt structure’, which will see the debt-bond placement transferred to its wholly-owned GVC …
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In the latest of a series of columns examining international gambling legislation, GVC Holdings Director of Regulatory Affairs Martin Lycka retraces the industry’s arduous history with Dutch politics and policies… _________________ The year was 1964. The Beatles dominated the charts, Sidney Poitier became the first Afro American actor to have won an Oscar and a Czechoslovak gymnast Vera Caslavska enchanted the world …
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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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Leaders of UK betting’s top five betting operators yesterday gave insights and opinions to the House of Lords Select Committee tasked with investigating the ‘Social and Economic Impact of the Gambling Industry’. Established in 2019, the Lords Committee continues its review of UK gambling seeking to gain valuable research and ‘reliable facts’ on unique industry factors and dynamics with for …
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