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GVC Holdings PLC (GVC)     

dreamcatcher - 13 Jan 2013 12:13



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/

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Chart.aspx?Provider=EODIntra&Code=GVC&SiChart.aspx?Provider=EODIntra&Code=GVC&Si



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



dreamcatcher - 24 May 2016 16:57 - 211 of 404

humpback321 - 26 May 2016 14:39 - 212 of 404

Positive article shares magazine, new high £5.89.

humpback321 - 26 May 2016 15:53 - 213 of 404

£6 share price triggers LARGE bonuses to directors chairman and others and some new shares issued, so share price may stabalise at this level for a little while,but upsides are main market listing and news of dividend, which could be introduced very early 2017,also news of sales,takeovers, B2B platform sales and KALIXA payment business. Plenty to go for.

humpback321 - 31 May 2016 08:55 - 214 of 404

£6

dreamcatcher - 31 May 2016 16:30 - 215 of 404

GVC Holdings PLC (GVC:LSE) set a new 52-week high during today's trading session when it reached 604.50. Over this period, the share price is up 32.30%.

dreamcatcher - 13 Jun 2016 16:35 - 216 of 404


New Jersey licence approval

RNS


RNS Number : 9382A

GVC Holdings PLC

13 June 2016




GVC Holdings PLC

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

New Jersey licence approval

GVC Holdings PLC (LSE:GVC), a leading e-gaming operator in both B2C and B2B markets, is pleased to announce that on 9 June 2016, the New Jersey Division of Gaming Enforcement ("DGE") issued an Order concluding its preliminary investigation of GVC in connection with its acquisition of bwin.party digital entertainment PLC ("bwin.party").

As part of its preliminary investigation, DGE examined GVC's business operations and concluded, "GVC and its individual qualifiers possess the requisite good character, honesty, and integrity should it file for a transactional waiver." DGE determined that the New Jersey licenses held by bwin.party shall remain valid under GVC's ownership and a transactional waiver is not needed in connection with existing New Jersey contracts. Additionally, DGE ordered the termination of the Monitoring Agreement under which bwin.party had been operating since the acquisition by GVC.



Kenneth Alexander, CEO said:

"I am delighted the DGE has confirmed that GVC meets its stringent regulatory requirements and that bwin.party can continue to operate in New Jersey under its current licences. This is an important development for GVC and one that places the enlarged Group in a strong position should further regulated opportunities in the US arise. GVC has licences in over 14 countries and continues to seek further licences in markets as the regulatory framework evolves."



- ends -

humpback321 - 14 Jun 2016 08:20 - 217 of 404

Significant news should not be underestimated. Presence in the U.S. Everything still positive.Expect the share price to hang around £6 while directors bonuses triggered at this price, and next leg up on next news.

humpback321 - 01 Jul 2016 09:18 - 218 of 404

Main market listing.

queen1 - 01 Jul 2016 12:38 - 219 of 404

Great news. Pretty much back to pre-Brexit levels.

humpback321 - 01 Jul 2016 12:49 - 220 of 404

Is WMH starting to look over it,s shoulder, GVC likes sick and ailing companies and not frightened of their size , but this would be a step too far?

dreamcatcher - 01 Jul 2016 17:31 - 221 of 404

no, lol.

dreamcatcher - 11 Jul 2016 16:12 - 222 of 404

GVC Holdings PLC (GVC:LSE) set a new 52-week high during today's trading session when it reached 626.00. Over this period, the share price is up 38.43%.

humpback321 - 11 Jul 2016 17:07 - 223 of 404

Trading statement due,maybe tomorrow? if so this could be why the decent share rise today. Looking forward to updates,entry to main market, notice of dividend, revenues, sale of kalixa, payment of loan, and so much more. Been some great recent sporting results and more to come. My target now £9 within 12 months.

dreamcatcher - 11 Jul 2016 17:08 - 224 of 404

Cheers humpback321

humpback321 - 13 Jul 2016 13:39 - 225 of 404

Great trading statement. New high £6.42.

dreamcatcher - 13 Jul 2016 18:21 - 226 of 404

Trading statement


Financial highlights1


·

Q2-2016 NGR per day grew by 11% compared to Q2-2015 on a pro forma2 basis, and grew by 16% on a constant currency basis




·

In Q2-2016, GVC brands grew by 24% and bwin.party brands grew by 12% pro forma2 year on year on a constant currency basis




·

In H1 2016, NGR per day grew by 7% on a pro forma2 basis, and 11% in constant currency




·

In H1-2016, GVC brands grew by 15% and bwin.party brands grew by 9% pro forma2 year on year on a constant currency basis




·

H1-2016 total pro forma2 NGR was €439 million, up 8% (H1-2015: €407 million)




·

H1 2016 NGR on a reported basis3 was €388 million up 223% (H1-2015: €120 million)






Operational highlights




·

Premium Listing: On 1 July, the Group notified the proposed transfer of all of its ordinary shares from the Standard segment of the Official List to the Premium segment ("Premium Listing"). It is anticipated that the Premium Listing will take effect from 08:00 AM on 1 August 2016




·

B2B expansion: On 23 May the Group announced the signing of a 10-year B2B licensing deal with Betfred, one of the UK's best known sports betting brands. This augments the existing B2B contracts which the Group has already developed




·

New Jersey Licence: On 9 June, the Group's existing licence in New Jersey was confirmed by the New Jersey Division of Gaming Enforcement




·

Integration update: Following the acquisition of bwin.party on 1 February 2016, the Board confirms the integration of the enlarged Group is progressing in line with expectations and remains on track to secure €125 million of synergies (as per November 2015 prospectus) by the end of 2017




dreamcatcher - 13 Jul 2016 20:03 - 227 of 404

Market buzz - GVC Holdings shares gained on Wednesday as Canaccord Genuity reiterated a 'buy' rating on the stock and lifted its target price to 680p from 615p.

In a trading update, the online gambling company reported 11% increase in like-for-like revenue in the six months to 30 June, supported by favourable results in the Euro 2016 football tournament and particularly strong growth in both wagering and gaming in the second quarter.

With the acquisition of Bwin.party completed on 1 February, GVC will gain a premium listing on the full list of the London Stock Exchange in August and looks likely to be added to the FTSE 250 at the next quarterly review.

The trading statement from GVC, ahead of its interim results announcement in September, confirmed total net gaming revenue (NGR) on a reported-currency pro forma basis, which treats revenue as if Bwin had been acquired in January, was up 8% to €439m. Or on a reported basis, as Bwin in fact joined a month later, it was up 223% to €388m.

"Management is clearly beginning to drive meaningful revenue synergies from the bwin.party acquisition, on top of its targeted €125m of cost savings," said Canaccord analyst Simon Davies.

"GVC has the makings of an extraordinary turnaround story. bwin.party generated a 7.5% compound annual revenue decline in the period 2010 to 2015, but it has now reported three consecutive quarters of strong growth."

Davies added that GVC has been the "star performer" in the online gaming sector, with shares up 67% since the start of December and 34% year-to-date.

"The shares trade on a 2017 enterprise value/earnings before interest, tax, depreciation and amortisation of just 8.1x, a free cash flow yield of 8.1% and price-earnings ratio of 10.9x."

However, he warned that GVC is approaching a period of integration risk, with the transition of GVC sportsbook customers over to the bwin platform in the next few months.

Canaccord expects gross win margins to normalise in the second half and said third quarter wagering activity could be affected by the "customer unfriendly results" from the Euros.

dreamcatcher - 22 Jul 2016 15:41 - 228 of 404

22 Jul Berenberg 730.00 Buy

humpback321 - 01 Aug 2016 09:11 - 229 of 404

Premium listing and new high £6.45.

humpback321 - 02 Aug 2016 10:54 - 230 of 404

Great news. Replacement of loan from 400mil. to250mil. at lower finance rate, balance to be paid from EXISTING CASH RESOURCES. Trading positive,revenues up,return to dividend payments 2017. New high £6.57.
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