About Us

GVC Holdings PLC (LSE:GVC) is a multinational sports betting and gaming group. Our shares are listed on the Official List (Premium Segment) and are traded on the Main Market of the London Stock Exchange. Our shares were traded on AIM from 21 December 2004 until 1 February 2016. We are incorporated in the Isle of Man under number 4685V.

The Group operates some of the leading brands in the gaming sector including bwin, Sportingbet, partypoker and Foxy Bingo. In addition the Group provides online gaming services on a business-to-business basis to a limited number of third party operators.

Key facts
•Licenses in 14 countries
•Offices in Austria, Bulgaria, Denmark, Germany, Gibraltar, India, Ireland, Israel, Italy, Malta, The Philippines, Slovakia, Spain, United Kingdom, Ukraine and Uruguay
•Over 3,200 employees or co-workers
•€4bn of sports wagers a year



http://www.gvc-plc.com/







William Hill closes on Sportingbet deal

by: Dominic Walsh
From: The Times
December 20, 201211:16AM

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WILLIAM HILL will unveil a recommended £486 million ($754 million) takeover of Sportingbet today after hammering out a retention deal with the management of the online bookmaker's Australian division.

The group, which is bidding jointly with GVC Holdings, had hoped to finalise terms by Tuesday's deadline set by the Takeover Panel but was forced to seek an extension until tomorrow to tie in Michael Sullivan, head of Sportingbet Australia, and his top team


Date: Tuesday 16 Oct 2012

LONDON (ShareCast) - Online gaming firm GVC has requested a temporary suspension of trading today following the agreement of a revised and increased possible offer by GVC and William Hill for Sportingbet.

Trading has been suspended because historic financial information in relation to the parts of the Sportingbet's business which may be acquired by GVC has yet to be extracted from Sportingbet's consolidated accounts, GVC explained a in company statement.

It added that talks are at a preliminary stage and there can be no certainty that they will be concluded successfully.

CJ

23 Mar Panmure Gordon 586.00 Buy

GVC - Record year for AIM's dividend king

Shares - GVC will devote more time to making acquisitions over the next 12 months and has already identified a few potential targets to enhance shareholder value.

Naked trader - GVC went ex dividend today which is why it is down a bit but some nice cash soon to arrive from that!

Trading update.

GVC Holdings PLC (AIM:GVC), a leading online sports betting and gaming group, notes the recent press speculation and confirms that it has submitted a proposal with a view to the Group acquiring the entire issued and to be issued share capital of bwin.party digital entertainment plc ("bwin.party").

If the proposed transaction were to complete, it would be treated as a reverse takeover due to the size of bwin.party relative to the Company and, in order for the proposed transaction to proceed, it would require, inter alia, the approval of GVC shareholders.

There can be no certainty that the submission of this proposal will lead to the Company being selected as a proposed acquirer of bwin.party or, in turn, completing an acquisition. Further updates will be provided in due course.

Statement re. Press Speculation
RNS
RNS Number : 5740N
GVC Holdings PLC
19 May 2015





GVC Holdings PLC



("GVC" or the "Group" or the "Company")



Statement re. Press Speculation



GVC Holdings PLC (AIM:GVC), a leading online sports betting and gaming group, notes recent press speculation. As announced on 15 May 2015, GVC has submitted a proposal with a view to the Group acquiring the entire issued and to be issued share capital of bwin.party digital entertainment plc ("bwin.party"). GVC confirms that the execution of this proposal would be jointly financed by GVC and Amaya, Inc. ("Amaya"). Amaya as at the close of business on 15 May 2015 had a market value of approximately CAD $4.31 billion and is the Toronto Stock Exchange listed owner of gaming and related consumer businesses, with brands including PokerStars, Full Tilt and the European Poker Tour.



There can be no certainty that the submission of this proposal will lead to the Company's proposal being selected as a proposed acquirer of bwin.party or, in turn, completing an acquisition. Further updates will be provided in due course.





- Ends -

Shares - Online sports betting group GVC could grow its share price by 74% if its proposed takeover of rival Bwin.Party goes ahead.

GVC Holdings has issued a positive trading update for the six months to 30 June 2015, along with announcing an increased quarterly dividend of 14.0€cents per share.

The Greek situation is impacting a small part of the business but other market continue to perform well.

New research note at http://www.investorschampion.com/blog/

Trading update and dividend declaration

Announcement by GVC
RNS
RNS Number : 5618S
bwin.party digital entertainment
09 July 2015



9 July 2015



bwin.party digital entertainment plc

('bwin.party')



Announcement by GVC



The Board of bwin.party confirms that it has received a proposal from GVC Holdings plc ('GVC') to acquire all of the outstanding and to be issued share capital of bwin.party at a price of 110 pence per bwin.party share, comprised of a combination of new GVC shares and cash.



The Board has considered the GVC proposal, the potential benefits of which it believes can accrue to bwin.party shareholders from a combination of the two companies and the commitment shown to resolving a number of transaction-related issues, and has determined to work with GVC so that they can finalise their offer over the coming days.



There can be no guarantee that a formal announcement of a transaction will be made by GVC or any other party, and the Board will make further announcements in due course.



This announcement is being made with the consent of GVC.

bwin.party remains confident
StockMarketWire.com
bwin.party digital entertainment's gaming revenue in the three months to 30 June was in-line with its expectations and the board remains confident in the full year outlook.

The group says sports turnover was ahead of plan although sports gross win margins were below normalised levels.

Mobile/touch has continued to grow strongly: in June 2015 mobile/touch represented (31%) of total gross gaming revenue (June 2014: 23%) with sports betting at over 50% (June 2014: 37%). The group says non-core asset disposals have already realised over 36m, in-line with its target of 30m to 50m.

Chief executive Norbert Teufelberger said: "Despite challenging comparatives together with the impact of EU VAT and POC tax, we are pleased with our business performance in the first half. We have completed our new organisational set-up and streamlined our decision-making processes, significantly improving our operational performance.

"Sports volumes are ahead of last year despite the 2014 World Cup, although poor sporting results drove gross win margins lower, holding back revenue performance in the period. Casino betting volumes have also remained strong and in poker we are closing the gap on last year. Our bingo revenue was in-line with last year but our UK business now attracts the POC tax that was introduced in December 2014.

"We have made good progress on the disposal of our non-core assets with World Poker Tour, Winners2 and United Games all sold during the second quarter and we have already reached our target range of 30m to 50m of disposal proceeds. As well as generating cash, these disposals are also helping us to reduce the complexity within our business.

"Our shift to a label-led structure is delivering the operational efficiencies we anticipated and we are on course to generate cost savings of at least 15m this year.

"We remain confident about the prospects for the second half and the outlook for our business."



At 8:08am:
(LON:BPTY) bwin.party digital entertainment PLC share price was +2.25p at 101.35p
(LON:GVC) GVC Holdings Plc share price was 0p at 445p


Story provided by StockMarketWire.com

The offers tabled by GVC Holdings and 888 for rival Bwin.party digital entertainment are broadly similar in terms of the implied valuation - about £900m - and the split between cash and shares. So what Bwin's board must now do is value each suitors' paper and weigh the risks involved in each against the other. For some analysts the potential synergies which would accrue from a combination with GVC could be considerable larger.

However, investors in Bwin may be less keen to own part of a company that derives a bigger part of its sales from unregulated jurisdictions. The reverse takeover proposed by GVC would also be more complex. GVC would also need to raise cash to help finance the deal. "GVC appears to have edged ahead, but, whichever wins, Bwin investors tired of the constant disappointments should grab what's on offer with both hands, hold" writes The Times's Tempus.

Company News

888 to try to win over Bwin.party following GVC bid

Sun, 12 July 2015



(ShareCast News) - Gambling website operator 888 is expected to this week do battle with AIM-listed rival GVC in a bidding war for Bwin.Party.
The gaming provider was reportedly last week impressed by GVC's 110p cash-and-shares offer, but is said to be planning to meet with 888 to discuss a potential rival deal.

According to sources spoken to by the Sunday Times, GVC has been selected as the preferred bidder, but nothing has been finalised so 888 could still convince Bwin to accept its own, slightly lesser offer, based on the stock component and the synergies between the two companies.

GVC's bid has been backed by Canadian group Amaya, which owns Pokerstars.

The newspaper quoted one banker as saying the situation was "still a two-horse race ... neck and neck".

Update re Offer discussions
RNS
RNS Number : 5750T
GVC Holdings PLC
21 July 2015





GVC Holdings PLC



("GVC" or the "Group" or the "Company")



Update re Offer discussions





The directors of GVC note the recent press speculation concerning the Company's proposal to acquire bwin.party digital entertainment plc ("bwin.party") at 110p per bwin.party share comprised of a combination of new GVC shares and cash (as announced on 9th July 2015) and following the announcement issued on Friday 17th July 2015 by 888 Holdings plc ("888") concerning 888's recommended offer for bwin.party at 104.09 per bwin.party share (based on the 888 closing price on 16th July 2015 of 160 pence per 888 share).



There can be no certainty that an offer for bwin.party will be made by the Company. However, the GVC Board confirms that it is considering the Company's options regarding bwin.party and will update shareholders accordingly.

Update re Offer Discussions
RNS
RNS Number : 1209U
GVC Holdings PLC
27 July 2015







GVC Holdings PLC



("GVC" or the "Group" or the "Company")



Update re Offer discussions





The directors of GVC note the recent press speculation concerning a potential proposal by the Company to acquire bwin.party digital entertainment plc ("bwin.party") that has followed the Company's announcement on 21 July 2015 that the GVC Board is considering the Company's options regarding bwin.party. That announcement itself followed the announcement issued on Friday 17th July 2015 by 888 Holdings plc ("888") concerning 888's recommended offer for bwin.party at 104.09p per bwin.party share (based on the 888 closing price on 16th July 2015 of 160 pence per 888 share).



The GVC Board confirms that the Company has made a proposal to the Board of bwin.party for the acquisition of the entire issued and to be issued share capital of bwin.party, under which bwin.party shareholders would be entitled to receive 122.5p for each bwin.party share, consisting of up to 25p in cash (subject to confirmation by bwin.party that the cash position of bwin.party is as GVC expects based on information received to date), and the balance of the value in new GVC ordinary shares (the "Proposal").



The Company would finance the Proposal via a combination of the issuance of new GVC shares, to bwin.party shareholders, and a €400m senior secured loan provided by affiliates of Cerberus Capital Management, L.P. In addition, the Company intends to raise circa £150m through an equity placing of new GVC shares for cash in order to fund restructuring costs, the refinancing of existing bwin.party debt and for additional working capital purposes. The Company has delivered the relevant documentation, in substantially final form, to the Board of bwin.party.



If a transaction were to be completed, the GVC Board believes that cost reductions exceeding €135 million per annum would be achieved across the enlarged group by the end of 2017.



There can be no certainty that an offer for bwin.party will be made by the Company. GVC reserves the right to amend the cash component of any offer.



The GVC Board will update shareholders in due course.





- Ends -

News

Cerberus backs GVC’s Bwin bid

The US firm will provide a debt package for GVC's revised tilt at Bwin.

27 July 2015 by Nicholas Neveling. Permalink.


GVC, the AIM-listed online gaming business, has secured a debt package from US private equity firm Cerberus Capital Management to support a £990m (€1.3bn) bid for Bwin.party.


GVC is competing with rival online gambling business 888, which made a £900m bid for Bwin earlier this month. Bwin agreed to the offer, but said that it would remain open to other deliverable proposals.

GVC has bid for Bwin previously, teaming up with Canadian partner Amaya. The Bwin board favoured the 888 offer over that of GVC and Amaya, who wanted to break up Bwin, which introduced more risk to the transaction.

Cerberus has now stepped in to support GVC, which is set to make an offer of 120 pence per share for Bwin this week, according to The Telegraph. The 888 bid was made at 104 pence a share.

Update re Offer discussions
RNS
RNS Number : 4344V
GVC Holdings PLC
07 August 2015





GVC Holdings PLC



("GVC" or the "Group" or the "Company")



Update re Offer discussions





Further to the announcement made by the Company on 27 July 2015, the directors of GVC note the recent press speculation concerning a proposal by the Company to acquire bwin.party digital entertainment plc ("bwin.party").



The GVC Board confirms that the Company has made a fully funded proposal to the Board of bwin.party for the acquisition of the entire issued and to be issued share capital of bwin.party under which bwin.party shareholders would be entitled to receive, for each bwin.party share, 25p in cash and 0.231 new GVC ordinary shares (the "Proposal"). Based on the closing price of GVC shares on 6 August 2015, the Proposal would represent a value of approximately 125.5p per bwin.party share.



GVC is working closely with bwin.party and its advisers with a view to progressing the remaining open aspects of its Proposal to enable the bwin.party Board to make a full evaluation of the Proposal. GVC anticipates that this work should conclude within the next 5-10 business days.



There can be no certainty that an offer for bwin.party will be made by the Company.



The GVC Board will update shareholders in due course.





- Ends -

Statement re Possible Offer
RNS
RNS Number : 4357V
bwin.party digital entertainment
07 August 2015



7 August 2015



bwin.party digital entertainment plc

('bwin.party')



GVC Proposal



The Board of bwin.party notes the earlier announcement today made by GVC Holdings PLC ('GVC') and confirms that bwin.party is working closely with GVC and its advisers with a view to progressing certain aspects of the GVC proposal to enable that proposal to be evaluated fully by the bwin.party Board.



There can be no certainty that an offer will be made by GVC for bwin.party.



bwin.party's directors' unanimous recommendation of 888 Holdings plc's offer is unchanged by this announcement.



The bwin.party Board will update shareholders in due course.

Company News


Thu, 20 August 2015



GVC Holdings ready to up Bwin offer to 130p



(ShareCast News) - Online casino company GVC Holdings is working on an increased offer for larger rival Bwin.party as it looks to crush a competing bid from peer 888 Holdings.
The GVC bid at 130p, up from its previous 124p, will value FTSE 250-listed Bwin at roughly £1.1bn, the Times reported.

Having recommended a cash-and-shares offer from 888 worth 104.75p at Wednesday's closing price, Bwin directors are due to meet this week to decide whether to about-face and recommend GVC's new offer instead.

Even if 888 came back with its own sweetened offer, GVC would not be deterred, sources have suggested.