Tag Archives: gvc holdings

GVC faces a cold autumn as retail closures forecast £37m losses

SBC News GVC faces a cold autumn as retail closures forecast £37m losses

GVC Holdings has communicated that the UK government’s imminent four-week lockdown will cost the FTSE100 company an estimated £37 million.  Issuing a market update, GVC provided EBITDA impact estimates on retail closures that have been confirmed and sanctioned across England and Europe during the past week.  Should current conditions remain, in which England’s non-essential businesses are required to temporarily close …

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Coral highlights football’s social value with ‘Sunday League’ 

SBC News Coral highlights football’s social value with 'Sunday League' 

Coral has launched its new nationwide campaign ‘Sunday League’ celebrating Britain’s passion for football and its importance to all communities.     The campaign sees Coral continue its work with new creative advertising agency, Bartle Bogle Hegarty (BBH London) who at the start of 2020 took over the bookmaker’s account to refresh Coral’s brand image. Sunday League follows Coral’s ‘At the Races’ …

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Michelle Evans: We can’t underestimate the impact of lived experiences in tackling problem gambling

SBC News Michelle Evans: We can’t underestimate the impact of lived experiences in tackling problem gambling

When it comes to raising awareness of problem gambling and issues associated with sporting integrity among athletes, the only way to ensure that players understand the implications is through education and hearing from those with lived experience. That’s according to Michelle Evans, Head of Communications and Wellbeing at PFA Scotland, who was speaking on a panel entitled ‘The Link Between …

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GVC strengthens Board’s expertise with two appointments

SBC News GVC strengthens Board’s expertise with two appointments

GVC Holdings has strengthened its corporate governance confirming the appointment of two new directors to its board. Issuing a statement, GVC revealed that David Satz has joined the company as an Independent Non-Executive Director, effective immediately. Robert Hoskin will also be promoted to the board as an Executive Director on 1 January 2021, assuming the role of Chief Governance Officer. …

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GVC extends Optimove CRM suite to service global profile

SBC News GVC extends Optimove CRM suite to service global profile

GVC Holdings will retain Optimove as lead software provider of its group-wide customer retention management (CRM) provisions for a further five-years. Expanding its existing agreement, GVC has moved to integrate Optimove’s ‘Relationship Marketing Hub’ to serve as the FTSE100 firm’s ‘group enterprise software’ across its expanded global igaming portfolio. GVC maintains Optimove’s CRM software as it undertakes a series of …

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Winning Post: Germany 2021… the enemy of a good plan

SBC News Winning Post: Germany 2021... the enemy of a good plan

Observing German regulatory developments ahead of 2021, Regulus Partners states that in seeking to have a rule for everything, the onrushing Interstate licensing regime is likely to be immensely destructive on many levels… Perhaps attempting to prove that there is such a thing as a national character, German licensing authorities are now applying considered and potentially highly effective operational engineering …

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GVC maintains FTSE4Good listing expanding duties with the Carbon Trust 

SBC News GVC maintains FTSE4Good listing expanding duties with the Carbon Trust 

GVC Holdings has retained its position as a ‘FTSE4Good Index’ business following its annual review of corporate practices.   A London Stock Exchange CSR directive, the FTSE4Good Index was launched in 2001 tracking the performance of listed firms’ environmental, social and governance (ESG) standards.   GVC Holdings has retained its listing on FTSE4Good Index having undertaken an independent assessment of its corporate …

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GVC safeguards German profile by securing four Länder approved ‘transitional licences’

SBC News GVC safeguards German profile by securing four Länder approved 'transitional licences'

GVC Holdings has this morning confirmed that it has been approved four separate sports betting licences for Germany, adhering to market conditions set by the Länder approved ‘transitional framework’. Updating investors, the FTSE100 betting group confirmed that transitional licences have been authorised for its SportingBet, Ladbrokes, bwin and Gamebookers brands. Announced at the start of October, Germany’s 16 federal Länder …

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GVC eyes Portuguese top spot with Bet.pt takeover

SBC News GVC eyes Portuguese top spot with Bet.pt takeover

GVC Holdings has confirmed that it will return to Portugal by acquiring online sportsbook Bet.pt for an undisclosed sum.  The FTSE100 betting group announced its latest acquisition as part of its Q3 2020 trading update, which saw GVC increase full-year EBITDA guidance to the £770-790 million range following a rapid recovery across all core regulated marketplaces. In its trading statement, …

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GVC ups 2020 forecasts following rapid recovery across all core markets

SBC News GVC ups 2020 forecasts following rapid recovery across all core markets

GVC Holdings has predicted that its earnings for the year will be £50 million ahead of previous expectations, as online wagering continues to drive the operator’s performance. Publishing its Q3 trading update for the period 1 July to 30 September 2020, GVC reported that it had achieved its ‘nineteenth consecutive quarter of double-digit online growth’, with total online net gaming …

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