Kenny Alexander is to step down as CEO of GVC Holdings after 13 years with COO Shay Segev taking control of the FTSE-100 operator almost immediately. Alexander will remain at GVC in the short term as a company executive to support the leadership transition. Confirming the leadership change, Chairman Barry Gibson said: “Kenny has built a remarkable global business, and has …
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Carolyn Harris MP, Chair of the All-Party Parliamentary Group on Gambling Related Harm (GRH APPG) has spoken out about gambling sponsorships, reiterating that banning gambling companies from being front-of-shirt sponsors is ‘one of the most obvious things to do’. Reported by the Guardian, Harris expressed that a new Gambling Act should prohibit shirt sponsorships across all English football leagues – …
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Shareholders of GVC Holdings and MGM Resorts have sanctioned a further funding round in joint-venture property ROAR Digital, increasing investment in the US market venture to $450 million. The funding is approved to accelerate ROAR’s flagship sportsbook property of BetMGM, which since its launch in 2018 is on track to operate in 11 US states by the end of year …
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GVC Holdings has confirmed that its UK flagship properties Ladbrokes, Coral and BETDAQ will no longer utilise Oddschecker affiliate marketing services. Issuing a short statement, GVC explained that the decision to call time on its Oddschecker partnership has been undertaken for ‘commercial reasons’ – adding that it has terminated all marketing inventory as of 9 July 2020. GVC statement read: …
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Pre-empting regulatory and compliance changes enforced on its UK online gambling operations, GVC Holdings has restructured its customer service teams. The FTSE100 gambling group stated that it will undertake changes to its VIP schemes and customer engagement protocols in-line with the recommendations set out by the Betting and Gaming Council’s (BGC) new code-of-conduct. Concluding a series of ‘industry working groups’, …
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GVC Holdings has revealed that it has increased its ‘cash and in-kind contributions towards responsible gambling charities’ during 2019. Publishing its 2019-20 CSR Report, the betting group revealed that cash and in-kind contributions to charities increased from £2.51 million in 2018 up to £3.61 million in 2019. The report read: “Having already doubled our investment into research, education and treatment …
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GVC Holdings has welcomed the report published by the House of Lords Gambling Industry Committee, reiterating the measures that the operator group has already taken to ‘constantly improve player protection policies’. Published this morning, The House of Lords Gambling Select Committee’s report ‘Gambling Harm – Time for Action‘ calls for an overhaul of UK gambling, seeking to implement a ‘regime …
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Sports betting is beginning to return ‘in-line with expectations’ as live sports resume across all markets, said Barry Gibson, Chairman of GVC. Making his first public statement as Chairman, Gibson praised the COVIbetting group’s ability to respond ‘swiftly’ to the closure of its UK retail estate following government-imposed lockdown measures. The GVC Chairman also lauded the operator’s ability to meet …
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EPIC Risk Management has committed to delivering education on the topic of problem gambling after agreeing to a new partnership with the Division on Addiction at Cambridge Health Alliance, a Harvard Medical School teaching hospital. The duo will work together to research elite athletes’ relationships with problematic gambling behaviours, and will occur in parallel with GVC Holdings’ ongoing research partnership …
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GVC Holdings will back tennis’ ‘Eastern European Championship’ charity initiative to raise vital funds in support of international COVID-19 relief efforts. Held in Belgrade at the ‘Tipsarevic Academy’, the Eastern European Championship is a six-week exhibition tournament (15 June – 23 July) created by former tour pro Janko Tipsarevic to raise funds for COVID-19 and tennis development charities. The special event marks …
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