Tag Archives: kenneth alexander

GVC ups responsible gambling measures to support BGC call of duty

SBC News GVC ups responsible gambling measures to support BGC call of duty

GVC Holdings has underlined its support for the Betting and Gaming Council’s (BGC) ‘coordinated approach’ to provide consumers with the safest gambling environments during the current Covid-19 pandemic and beyond.  The FTSE250 betting group has emphasised the need for greater responsibility during a period in which a ‘quarter of the global population in some form of lock-down’. This could lead …

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GVC costs £150m in potential COVID-19 group impacts

SBC News GVC costs £150m in potential COVID-19 group impacts

GVC Holdings Plc has followed industry precedent by issuing a corporate update on  COVID-19 impacts, following the subsequent cancellation/postponement of major sporting events.   For the period of 1 January to 23 February 2020, GVC has underlined that trading for the year-to-date has remained strong, with group NGR at +5%, reporting a 16% increase in online gambling benefiting from strong sports …

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GVC’s stand-out online division offsets inevitable UK retail decline

SBC News GVC's stand-out online division offsets inevitable UK retail decline

Citing market share gains across all operating territories, FTSE250-listed GVC Holdings has backed its underlying corporate strategy to navigate regulatory complexities both home and abroad.  Publishing its full-year 2019 results, GVC has recorded a pro-forma net revenue increase of 3% to £3.65bn (FY2018: £3.57bn) driven by the strong growth of its online division and European retail portfolio.  Despite competing against …

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Gibson takes reign of GVC governance confronting new realities 

SBC News Gibson takes reign of GVC governance confronting new realities 

FTSE250-listed GVC Holdings has begun a new era of governance under the stewardship of Barry Gibson who will take up the role of Company Chairman. Updating its investors this morning, GVC detailed that Gibson had taken full control of Chairman responsibilities, ending incumbent Lee Feldman’s 12-year tenure leading the FTSE-listed firm’s corporate governance structures and oversight of leadership directives. Closing …

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UK betting leadership stands firm on collaborative approach despite media scepticism

SBC News UK betting leadership stands firm on collaborative approach despite media scepticism

Leaders of UK betting’s top five betting operators yesterday gave insights and opinions to the House of Lords Select Committee tasked with investigating the ‘Social and Economic Impact of the Gambling Industry’. Established in 2019, the Lords Committee continues its review of UK gambling seeking to gain valuable research and ‘reliable facts’ on unique industry factors and dynamics with for …

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GVC expects strong full year results following online growth

shareholders

Gambling group GVC Holdings expects its full-year results to show an ‘excellent’ operational and financial performance throughout 2019, as stated in the operator group’s post close trading update for the year to 31 December 2019. GVC reported that growth in its online division has led the way for what it believes to be a ‘successful 2020’. It revealed that net gaming revenue ‘remains strong’ …

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GVC hosts ‘research symposium’ on gambling addiction

SBC News GVC hosts 'research symposium' on gambling addiction

FTSE betting group GVC Holdings is today hosting a ‘symposium on research into safer gambling’ showcasing the academic progress of its partnership with the Cambridge Health Alliance – a Harvard Medical School. A key directive of its ‘Changing for the Bettor’ social responsibility mandate at the start of 2019, GVC formed a $5.5 million multi-year partnership supporting Cambridge Health’s ‘Division of …

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Kenneth Alexander: GVC – ‘Industry cannot be turned into a political football’

SBC News Kenneth Alexander: GVC - ‘Industry cannot be turned into a political football’

GVC Holdings’ Chief Executive Kenneth Alexander has responded to criticism of his leadership, made public this week by the ‘All-Party Parliamentary Group (APPG) on Gambling Related Harm’. Opening the ‘Reputation Matters – gambling sector in the spotlight’ keynote event, Alexander spoke on GVC and the industry’s combined efforts to reduce problem gambling harms and further support treatment and research networks. …

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GVC Holdings confirms Barry Gibson as new Chairman

SBC News GVC Holdings confirms Barry Gibson as new Chairman

GVC Holdings has confirmed the appointment of Barry Gibson as the operator group’s Non-Executive Chairman, with the appointment taking effect from today. Over the weekend, Sky News, The Times and The Daily Telegraph reported that Gibson would assume the new position, due to succeed Lee Feldman who will step down on 27 February 2020.  Stephen Morana, GVC’s Senior Independent Non-Executive …

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GVC expected to confirm Barry Gibson as new Chairman

SBC News GVC expected to confirm Barry Gibson as new Chairman

This weekend, UK business news sources have reported that GVC Holdings will confirm the appointment of Barry Gibson as new Group Chairman of the FTSE gambling firm. Sky News, The Times and The Daily Telegraph report that Gibson is regarded by GVC’s board as the man to soothe investor relations, following the firm’s governance dispute in relation to outgoing Chairman …

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