Tag Archives: Senjō Group

GVC posts 10% NGR growth despite major tournament absence

GVC - Copyright: 8vfanrf / 123RF Stock Photo

GVC Holdings has reported a Group net gaming revenue (NGR) increase of 10% from the first half of last year (€441.8 to €484.8m), even in the absence of a major football tournament. Issuing its combined H1 and Q2 trading update, GVC also showed that Group NGR per day was up 10% from H1 2016 and 8% for Q2, even though …

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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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