Tag Archives: Numis

City views tough Q2 trading outlook for FTSE bookmakers

Industry market analysts are weary of FTSE listed operator stock performance, taking the position that ‘punter friendly’ sporting results, rising costs and a tough 2016 comparable period, will have hindered all-round Q2 trading. As FTSE-listed bookmakers prepare to announce their full H1 trading results this coming July and August. City analysts have placed a gloomy forecast for industry H2 performance, …

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GVC benefits from rising margins

Rising sports margins and a slight uplift in wagering turnover helped GVC notch up a 14% constant currency rise on sports net gaming revenue (NGR) per day in the third quarter. The company said the growth trend had continued into October, which saw a 10% constant currency rise in overall NGR per day against what the company described as a …

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Scott Longley – Hold Tight! GVC’s rollercoaster road ahead…

Having completed its takeover bwin.party Entertainment , Scott Longley asses the betting operators next steps as the new merged outfit targets a FTSE 250 listing. As the firm’s governance and leadership begins to execute the first steps of its integration plan, Longley details what may be the betting sectors most interesting merger.  ________________________ It didn’t take long for GVC to …

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Scott Longley – The dangers to innovation from consolidation and how to avoid it

Editorial consultant Scott Longley investigates how innovation is in danger of being left behind in the latest corporate reorganisation. In the fog of war generated by the current spate of sectoral M&A manoeuvrings, the debate about whether online gambling is genuinely engaging its customers is in danger of getting lost in the tumult. Like worrying about the design of the …

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Numis Corp Suggests William Hill & Paddy Power Merger

Financial Stock brokers and corporate advisors Numis Corp have suggested that William Hill and Paddy Power explore a potential merger. A Numis Corp statement on Tuesdays London fianancial trading, indicated that the conditions in the sports betting and gambling market, could see the potential merger of Paddy Power and William Hill. “This would create a much more attractive investment than …

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Numis suggests bwin.party sell-off could aid company value

London Financial stock brokerage and corporate advisor Numis Securities issued a statement suggesting that underperforming igaming operator bwin.party, should look to sell corporate assets in a view to raise its market value. The corporate advisor, noted that the operator could potentially sell igaming assets and services at twice the  current market capitalization. The statement made by Numis Securities saw shares …

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