Tag Archives: kenneth alexander

GVC pledges to double research donation as part of new safer gambling campaign

FTSE100 gambling group GVC Holdings has pledged to double its donations towards research education and treatment of problem gambling as part of its new global responsible gambling campaign. The ‘Changing for the Bettor’ campaign will facilitate a new five year, $5 million partnership with problem gambling research unit – Division on Addiction, which will improve access to anonymised player data …

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Strengthened digital portfolio helps GVC deliver above ‘2018 consensus’

The Governance of FTSE100 GVC Holdings has this morning published its pre-close full-year 2018 trading statement, detailing that it anticipates delivering an FY EBITDA in the range of £750-755m – ‘ahead of current market consensus’. Completing a landmark year for its business, having merged and integrated the assets of Ladbrokes Coral, GVC governance points to strong growth across its enlarged …

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GVC boosts Aussie muscle acquiring Neds International for £37 million

FTSE100 gambling group GVC Holdings has expanded its profile within the Australian online betting scene after acquiring Neds International (Neds – neds.com.au) for an initial sum of AUS $68 million (£37 million).  A relatively new entrant within the Australian online betting scene, having launched in 2017, Neds has established itself as a dynamic incumbent achieving reported wagers of AUS $1 billion …

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Trusted Hand! GVC & MGM confirm Adam Greenblatt as US joint-venture CEO

Issuing a combined corporate communication, US market strategic partners GVC Holdings and MGM Resorts have confirmed the appointment of Adam Greenblatt as US joint-venture Chief Executive of ‘MGM GVC Interactive LLC’ Noted as a key stakeholder in the creation of the MGM-GVC Interactive strategic property, Greenblatt has been promoted to the executive leadership position having formerly served as Director of Corporate Development …

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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 Holdings commits to new responsibility action plan

As anticipated the governance of GVC Holdings, has this morning unveiled its new social responsibility corporate directive, seeking to reduce problem gambling harms, while further improving all-around industry standards. Presenting the firm’s new social responsibility and community mandate, Kenneth Alexander, GVC’s CEO, commented on the announcement: “As a leader in the industry, we fully recognise the need to ensure we …

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GVC’s Kenneth Alexander calls for betting leaders to commit to advertising restraints

shareholders

Kenneth Alexander, Chief Executive of FTSE100 gambling group GVC Holdings, thinks that the industry’s leading players must show restraint in advertising in order to win back the public’s trust. Business news source City AM reports that Alexander will this week call for a ‘ban on gambling adverts being shown before the UK 9 pm watershed period’. The boss of GVC …

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GVC Joins US National Council on Problem Gambling funding ‘major new study’

The governance of FTSE-listed gambling group GVC Holdings has confirmed that it has become a syndicated partner of the US Council on Problem Gambling’s ‘Presidents Circle’. Joining the Council and expanding its presence as a US market stakeholder, GVC governance confirms that it will help fund ‘a major new study into the prevalence of gambling in the US and potential …

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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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