Tag Archives: gvc holdings

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

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

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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Germany 2021: Landers’ ‘transitional framework’ receives mixed reactions 

The approval by Germany’s 16 Lander (regional councils) to launch a ‘transitional tolerance period’ for igaming services, which will bring clarity to operators who wish to participate in the federal relaunch of the online gambling marketplace in 2021, has drawn contrasting views.   As German Lander continue to individually ratify the final amendments of the federal New Interstate Treaty on Online …

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WATCH: Embracing technology key for safer gambling strategies

technology

The uptake of innovative technology could be a key component in global safer gambling strategies as funding begins to increase. That was agreed by panelists at this month’s SBC Summit Barcelona – Digital, who pinpointed the need to significantly increase the low number of people who seek treatment. You can also click here to see the full panel from the …

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Ladbrokes launches 5-A-Side accas as lead Premier League offer

Ladbrokes has launched a ‘first-of-its-kind’ accumulator bet, available to its football punters, which will allow them to build their own 5-A-Side team for any Premier League match day.  Delivering a new innovation to its accumulator offers, Ladbrokes will enable its players to choose from one of six team formations and pick five from nine types of player to build a …

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GVC announces new athlete roster of SportsAid ‘Pitching In’ investment programme

SportsAid Week 2020 (21-27 September) sees GVC Holdings announce the 51-young athletes the FTSE firm is supporting through its partnership with SportsAid. GVC and SportsAid enter year-2 of their strategic collaboration, initially formed through the GVC Foundation which appointed SportsAid as lead sports beneficiary of GVC’s £2 million ‘community fund’. New partnership objectives, see GVC brand SportsAid as a keystone …

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GVC joins AiDP ranks to promote workplace diversity and inclusion

FTSE100 GVC Holdings Plc has become a member of the All-in Diversity Project (AIDP) – a non-profit that provides industry stakeholders counsel and guidance on improving standards related to corporate diversity, equality and inclusion. GVC will become the latest tier-1 global operator to take AiDP membership, joining fellow publicly-listed betting counterparts Flutter Entertainment, Betsson AB and Kindred Group Plc  The …

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EPIC Risk Management: GambleAware funding needs a balanced approach

Earlier this year, five of the biggest operators in the UK, along with members of the Betting and Gaming Council, confirmed that they will provide £100m worth of funding to improve treatment services via GambleAware. However there are still questions regarding the best way to spend the money to ensure that it can sustain the industry and provide the ultimate …

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Martin Lycka – Torn souls of the great regulatory game

GVC Holdings’ Director of Regulatory Affairs Martin Lycka offers an insight into the lives of the gambling industry’s regulatory experts.  _________  ‘Hic sunt leones’ –  here are lions, is a phrase used in times gone by to denote unknown territories on maps. At the time of its first visionaries, there would have been no easier task than drawing a regulatory …

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