Tag Archives: gvc holdings

GVC Holdings CEO Kenneth Alexander has issued a public statement to Parliament, as sportsbooks return to trading on the majority of major sports betting markets. Writing for Politics Home, Alexander emphasised that while a post-lockdown period brings with it an opportunity to promote a wide range of betting markets, gambling companies must not become ‘complacent’ in its responsible gambling measures. …

GVC Holdings has completed a further leadership objective having been re-admitted onto the FTSE100 index, bolstering its status as a London blue-chip stock. On Wednesday, the FTSE Russell published its top 100-to-250 index report having reviewed all quarterly trading statements sanctioned by listed companies. The FTSE announced the inclusion of GVC Holdings, AVAST (IT security), Homeserve (emergency repairs) and Kingfisher (home retail) …

GVC’s Director of Regulatory Affairs Martin Lycka offers a dramatic twist on the Swedish licensing process, in which operators may not get the curtain call they’ve been looking for. Act I – A Truly Glorious Day January 1, 2019. A momentous day in Swedish gambling history. The online gambling market opens. A fanfare sounds. The curtain goes up. Licensed operators …

GVC Holdings has become the latest gambling company to issue a claim to Her Majesty’s Revenue & Customs  (HMRC) regarding compensation owed from tax charges related to fixed-odds betting terminals (FOBTs). After William Hill followed the lead of Betfred and Rank Group earlier in the week, GVC has predicted that a successful claim ‘will result in a cash inflow to …

GVC Holdings has reached a ‘milestone’ after confirming that it has completed the migration of Ladbrokes onto its proprietary technology platform. The Ladbrokes migration marks the final stage of a ‘complex integration process’ after acquiring the brand in 2018. All brands acquired by GVC have now been migrated onto the GVC platform, including Ladbrokes, Coral, Gala Bingo, Gala Casino and …

GVC Holdings has backed the UK Gambling Commission‘s (UKGC) decision to enforce additional industry lockdown measures to protect vulnerable consumers. Yesterday, the UKGC published a series of immediate operator requirements on customer interventions, player monitoring, due diligence and affordability checks. The temporary requirements approved by the Department of Digital Culture Media and Sport (DCMS) relate to concerns that UK consumers could …

GVC’s Director of Regulatory Affairs Martin Lycka reviews the events of a world-changing April 2020, in which tough lessons have been learnt by the lived experience of working and adjusting to national lockdown orders… _____________________________ Dear Diary,  What a month this has been. In the UK, we are told the virus has peaked and is now hopefully ebbing. However, we are …

GVC Holdings has confirmed that it will expand its existing relationship with customer conversion and campaign optimisation specialist LeanConvert. The FTSE250 online gambling group has worked with LeanConvert teams for the past two years, with the optimisation outfit becoming a key stakeholder in the firm’s strategic alignment of its marketing divisions, post-GVC 2018 acquisition of Ladbrokes Coral. LeanConvert will work …

FTSE250 GVC Holdings has confirmed that its executive committee members will take a 20% pay cut, while some staff have agreed to also forego bonus payments for 2020. GVC’s Board and remuneration committee stated that it ‘would be appropriate’ for both the Board of Directors and Executive Committee to take a voluntary reduction in basic salary and fees for three …