Tag Archives: Kalixa Group

GVC reduces net debt by selling payments processing business

GVC - Copyright: magurok / 123RF Stock Photo

GVC has agreed to sell its payments processing business Kalixa Group to Singapore-based global payments operator Senjō Group for a total consideration of €29.0 million payable in cash on completion. Prior to completion, an amount equal to the free cash (over and above €2.1 million) in the Kalixa Group will be retained by GVC by way of dividend. The sale …

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bwin.party reports 5% revenue uplift in final FTSE trading update

FTSE 250 listed betting operator bwin.party Entertainment ends a tough 2015 on a positive note, recording a 5% Q4 2015 revenue uplift. Issuing a trading update, bwin.party detailed that its improved performance had been driven by its sports betting and casino divisions, which had been aided by mobile product enhancements introduced during the quarter. bwin.party governance further detailed that the …

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