Tag Archives: gvc holdings

GVC absorbs retail shocks as business recalibrates for critical H2 trading

SBC News GVC absorbs retail shocks as business recalibrates for critical H2 trading

GVC Holdings stated that it is ‘well placed to balance the year’, as the FTSE100 company absorbed significant retail shocks across its UK and European units, readjusting its full-year EBITDA outlook to £720m-£740m range (dependent on further COVID-19 outcomes). Publishing its interim results for the six month period ended 30 June 2020, GVC noted that the closure of its Ladbrokes …

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Martin Lycka – Regulatory high temperatures cancel industry’s ‘silly season’

SBC News Martin Lycka - Regulatory high temperatures cancel industry's 'silly season'

Facing key regulatory showdowns across the European markets of Spain, Sweden, Germany and the UK, Martin Lycka GVC Holdings Director of Regulatory Affairs tells industry leadership to buckle down for the stresses of a working summer…  _____________ COVID-19 has upended everything. Even the regulatory silly season is now at risk of being cancelled; that eagerly awaited period of slow news …

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German regulations risk black market take-up says Lycka

SBC News German regulations risk black market take-up says Lycka

Martin Lycka, GVC Holdings’ director of regulatory affairs, has called attention to the pending reorganisation of German gaming regulations, stating that ‘this is a gaming revolution built on sand’. Writing for Politico, Lycka explained that ‘German gambling is on the brink of revolution’ with incoming legislation paving the way for the registration of an unlimited number of sports betting providers, …

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GVC hails SportsAid programme developing next generation of British athletes

SBC News GVC hails SportsAid programme developing next generation of British athletes

GVC Holdings looks forward to a further year of working with SportsAid, following the success of its first year partnering with the charity in supporting and developing ‘Britain’s next generation of top athletes’. In 2019, SportsAid was announced as one of the beneficiary charities of the FTSE100 firm’s newly formed ‘GVC Foundation’, providing a £2 million ‘community fund’ for its …

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Belgian Pro League selects bwin as its new betting partner

SBC News Belgian Pro League selects bwin as its new betting partner

GVC Holdings‘ European flagship sportsbook property bwin has been confirmed as the new betting partner of the Belgian Pro League and Eleven Sports for the next three seasons. The deal will cover the Jupiler Pro League, D1B and the Supercup, with the online operator also becoming the rights holder of the national betting streaming rights to the Pro League, broadcast …

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GVC – YGAM’s Parent Hub is a vital tool for honest and open conversations

SBC News GVC - YGAM's Parent Hub is a vital tool for honest and open conversations

GVC Holdings has praised the development and launch of the Young Gamers and Gamblers Education Trust (YGAM) ‘Parent Hub’ as a vital educational resource for UK families. The FTSE100 firm funded the development of YGAM’s Parent Hub, which launched this summer to coincide with the break-up of UK schools. The Parent Hub serves as a digital portal providing parents and carers …

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GVC promotes Tiku to Group COO as Segev restructures leadership ranks   

SBC News GVC promotes Tiku to Group COO as Segev restructures leadership ranks   

GVC Holdings has confirmed the promotion of Sandeep Tiku to Chief Operating Officer (COO), effective immediately as new Group Chief Executive Shay Segev restructures the firm’s senior executive leadership team. A GVC executive since 2014, Tiku has formerly served as Group Chief Technology Officer (CTO) leading key IT directives, system integrations and platform enlargement projects for the FTSE100 betting group.   …

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GVC ‘surprised’ at widening of HMRC’s Turkey investigation

SBC News GVC ‘surprised’ at widening of HMRC’s Turkey investigation

GVC Holdings has confirmed that the HM Revenue & Customs (HMRC) has expanded its investigation into the company’s former online subsidiary in Turkey. The investigation, which began on 28 November 2019, was launched in relation to former third party suppliers, which the operator understood to be related ‘to the processing of payments for online gambling in Turkey’. In 2017, GVC …

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Glynn Carroll to head up Roar Digital’s US trading operations

SBC News Glynn Carroll to head up Roar Digital’s US trading operations

Roar Digital, the joint venture between GVC Holdings and MGM Resorts in the USA, has promoted Glynn Carroll to head up its sportsbook operations. Carroll has taken on the role of Vice President of Sportsbook Operations and will be relocating to the States once the COVID-19 outbreak subsides.  Carroll originally joined Ladbrokes in 2015 as Director of Trading Operations and …

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BGC praises Kenneth Alexander for driving critical change

SBC News BGC praises Kenneth Alexander for driving critical change

Michael Dugher, Chief Executive of the Betting and Gaming Council (BGC), has praised the work of outgoing GVC Holdings Group CEO Kenneth Alexander and his contribution to improving industry standards and driving change through greater responsibility. Yesterday, GVC announced that Alexander had chosen to end his 13-year leadership tenure, and confirmed that the executive would be replaced by COO Shay …

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