Tag Archives: GVC

Winning Post: Changing perceptions of animal betting sports

In play - Copyright: gabe123 / 123RF Stock Photo

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. US: Florida greyhounds – dog days are over Florida, home to the oldest continually operated dog track in the world (and one of the largest) has banned wagering on greyhound races in …

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SB Betting strikes the right retail balance with forBET

retail

SB Betting has put the early success of its self-service betting terminal (SSBT) rollout in Poland down to finding the right balance between retail and online betting. In August, the Malta-based sports betting software provider concluded nine months of development by releasing a new two-screened SSBT for one of its Polish clients, forBET – one of just six sports betting …

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GVC confirms departure of Paul Bowtell as Group CFO

Further to publishing its Q3 2018 trading update, the governance of FTSE100 GVC Holdings has today confirmed the upcoming departure of Paul Bowtell as Group Chief Financial Officer (CFO).   Updating the market, GVC confirms that Bowtell will depart the company’s executive leadership team on 5 March 2019, further disclosing that Bowtell will join London private equity firm Alchemy Partners. …

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GVC Holdings confident of delivering its 2018 targets & objectives

Publishing its Q3 2018 trading update (period ending 30 September), FTSE100 betting group GVC Holdings details continued corporate growth and progress on its core strategic objectives. The enlarged FTSE firm continues its strong digital momentum, recording +28% period NGR increase, detailing growth across all its major operating territories. Boosted by the closing stages of World Cup Russia 2018, GVC sports …

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GVC places ‘sports & community’ at the forefront of new responsibility drive

Further to announcing its new social responsibility commitments, FTSE100 betting group GVC Holdings today launches its new ‘Community Programme’, focusing on increasing funding to UK sports and social initiatives. Launched at a Parliamentary reception attended by Baroness Tanni Grey-Thompson, GVC governance outlined the key objectives of its Community Programme working alongside charity SportsAid. Moving forward, the FTSE enterprise seeks to …

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GVC rolls out proprietary Ladbrokes Coral gaming content

FTSE-listed gambling group GVC Holdings has launched the first titles developed by its proprietary Manchester games studio ‘CR Games’, across its multi-brand portfolio. Updating the market, a catalogue of 20 new games will be made available across the casino properties of bwin, Party Gaming and Sportingbet brands.  GVC will launch its initial CR Games inventory across its ‘dotcom markets’, seeking …

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New look GVC shows its digital muscle as governance targets growth on global scale

Publishing its interim 2018 results (six-month period ending 30 June), FTSE-listed GVC Holdings displays its enlarged capacity as digital and European growth helps override tough UK retail trading conditions. Presenting its first report incorporating the assets of Ladbrokes Coral (acquisition officially completed on 28 March 2018), GVC records group revenues of £1.1 billion. In its report, GVC governance highlights its …

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Harry Whittington on-board with Betdaq as brand ambassador

Betdaq has unveiled its latest brand ambassador, with grade 1 winning National Hunt trainer Harry Whittington aligning himself with the online betting exchange brand. Under the terms of the partnership Whittington is to provide content on a weekly basis to Betdaq’s multi-sport content site, betdaqtips.com, which will see its customers offered a unique insight “into one of the UK’s most …

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GVC and MGM joint venture elevates mobile betting in New Jersey

Through the pair’s recently announced US sports betting venture, GVC Holdings PLC and MGM Resorts International have expanded New Jersey’s mobile sports betting opportunities, with the launch of playMGM. The playMGM NJ Sports betting app provides markets on a full range of US and selected international sports with customers able to sign-up, deposit and withdraw money directly from their mobile …

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Winning Post: Regulatory enforcement – real punishment for a virtual breach

As has been well reported, Ladbrokes (GVC) will have to cease trading for a day on 3 September as punishment meted out by the Belgian Gaming Commission for continuing to offer Virtuals product against (disputed) regulatory changes – a product it once held a national monopoly over. Ladbrokes’ Belgium business represents c. 1% of GVC’s group revenue. If 3 September …

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