Tag Archives: gvc holdings

Online operator Twin has agreed a deal to integrate Pragmatic Play titles onto its casino offering, expanding the slot developers commercial reach in the process. Initially going live with seven titles, including recent releases Vegas Nights, 7 Piggies and Wild Spells and player favourites Wolf Gold and Dragon Kingdom, Twin Casino is to see more video slots from the 80 …

Toronto TSX listed, The Stars Group has confirmed that it has launched its new Czech Republic betting property BetStars.cz. Last November, Czech news sources reported that the national regulator had approved Stars Group to extend its online gambling services, allowing the operator to add sports betting provisions to its existing casino and poker services. At the time, Stars Group management …

FTSE online gambling group GVC Holdings has this morning informed that it has entered ‘detailed discussions’ to form the ‘UK’s largest online and retail betting operator’, as the company continues merger negotiations with Ladbrokes Coral Plc. Updating the market, a GVC-Ladbrokes-Coral combination is valued at £3.9 billion, with GVC presenting a combined cash and shares offer – value range from …

Updating the market, FTSE online gambling group GVC Holdings has confirmed the launch of its Russian market property bwin.ru. bwin.ru becomes the first non-Russian online betting brand to be fully licenced and operated in the country. GVC launches its new market vertical in partnership with Russian technology and media publishing firm Rambler&Co, an enterprise which is majority owned by Russian …

Sportradar Founder and CEO Carsten Koerl, Sportingbet Founder Mark Blandford and Howard Chisholm, Managing Director of Chisholm Bookmakers, will be joined by three new Hall of Fame inductees at this year’s SBC Awards on Tuesday 5 December. The fourth edition of this event, designed to recognise excellence across the sports betting industry, is being held at the stunning Artillery Garden …

The board of GVC Holdings has today announced that it has sold its Turkish business unit ‘Headlong Limited’ (and associated subsidiaries) to Malta-based technology group Ropso Limited. The FTSE gambling group undertakes its disposal of Headlong assets for a total consideration of €150 million (£132 million). Updating the market, GVC governance expects to conclude its Turkish asset sale by the …

2017’s industry agenda and context has been dominated by the UK government’s pending October triennial review of industry gaming machine stakes and advertising standards. Industry leadership and investors eagerly await the government’s judgement in what has become a high stakes political battle. Following 2015/2016’s mass industry consolidation, 2017 was initially marked as the ‘year of corporate integration and assimilation’, as …

Issuing its Q3 2017 trading update (period ending 30 September), FTSE-listed online gambling group GVC Holdings has reported a continued strong corporate momentum, recording growth across its key metrics and KPIs. Despite competing against a tough Q3 2016 comparative period which featured the final stages of UEFA Euro 2016, GVC would report a 1% increase in daily wagering to €11.3 …

Ladbrokes Coral Plc is reported to be reviewing all corporate options, as it prepares for this October’s much anticipated UK government triennial review of industry FOBTs wagering and advertising standards. This Weekend, The Sunday Times reported that Ladbrokes Coral governance has hired Deutsche Bank, Greenhill, and UBS as corporate advisors on ‘consolidation matters’ in preparation for the government’s decision. Industry executives …

Presenting its H1 2017 interim results (period ending 30 June), FTSE-listed GVC Holdings has detailed strong progress across its digital assets as the company continues to integrate and align its enlarged operations. Detailing strong KPI gains across its sports betting and online casino divisions, GVC would record a 25% increase in group net gaming revenues to €486 million (H1 2016: …