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

no, lol.

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%.

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.

Cheers humpback321

Great trading statement. New high £6.42.

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

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.

22 Jul Berenberg 730.00 Buy

Premium listing and new high £6.45.

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.

Replacement of existing financing arrangements

RNS


RNS Number : 9059F

GVC Holdings PLC

02 August 2016




2 August 2016

GVC Holdings PLC

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

Replacement of existing financing arrangements

GVC Holdings PLC (LSE:GVC), announces that it has entered into a commitment with Nomura International plc ("Nomura") for a replacement of GVC's existing financing, the proceeds of which are to be applied towards the repayment of its secured €400 million term loan facility with Cerberus Business Finance, LLC ("Cerberus Loan"), of which €386.5 million remains outstanding as at 1 August 2016.



GVC and Nomura have committed to the €250 million Nomura Unsecured Loan (the "Nomura Loan") with formal documentation of the agreement being signed by 31 October 2016. The balance of the Cerberus Loan will be repaid from existing cash resources.



Details of the Nomura Loan:




Amount committed:

€250,000,000


Initial interest rate:

2% above Euribor


Euribor floor:

0.0%


Extension period:

6 or 12 months after the initial maturity date


Anticipated date of funds draw-down:

on or around 1 February 2017


Initial maturity date:

One year from the signing date of the loan agreement




In the 12 months following drawdown of the Nomura Loan, GVC's annual cash interest savings are expected to amount to approximately €43.3 million, an equivalent saving of approximately 14.8 €cents per share (before tax) or approximately 12 pence per share. GVC will also benefit from a reduction in financing fees.



As at 24 July 2016, the Group had net debt of €154.3m (defined as gross borrowings less cash after adjusting for player liabilities).



Kenneth Alexander, CEO said:



"I am delighted that we have delivered on another key objective for 2016. The quality of our lending partner and competitive rate we have secured is a result of the progress already made by the enlarged GVC. Not only does the refinancing significantly reduce our financing costs but it enables us to drive further shareholder value through investment and paves the way for a return to dividend payments in 2017. We have been pleased to work with Nomura and look forward to working with them in the future.



I am also pleased to report that trading has continued positively with July like for like revenues per day up 26% on last year and up 31% in constant currency, boosted by the Euro 2016 tournament."



This announcement contains inside information.

- ends -

i was told to buy a few days ago but didn't
can't win 'em all

hope you've got FEVR then :-)

From the start. :-))Hoping accrol will be another good one.

worth looking at some gold stocks if you don't hold
bullion very strong but shares have lagged today - ACA and HOC have done very well for me

I lack knowledge in the gold area. I will avoid oil in the future as well, heavy losses. :-))

Market Buzz

Liberum starts GVC Holdings at 'buy'

Wed, 03 August 2016



(ShareCast News) - Liberum initiated coverage of GVC Holdings at 'buy' with a 738p price target, highlighting the company's "winning formula".
The brokerage said GVC is a unique quoted gaming operator in terms of geographic diversity and exposure to growth markets. With only around 10% of its customers in the UK, it is the least exposed of any peer to the risk of increasing duty/regulation in its domestic market, Liberum said.

The international spread of the business also means there are no significant implications to the group from the UK's decision to leave the European Union.

Liberum also pointed out that margins are higher at GVC than the likes of William Hill and Ladbrokes, partly due to exposure to markets which are less competitive.

In addition, it argued that the synergy benefits of Bwin are substantial and said it expects earnings per share to more than double between full-year 2016 and FY18.

"The acquisition of bwin.party has dramatically increased the scale of GVC and considerably broadened the brand portfolio and geographic reach of the business. The enlarged group owns a significant proportion of the underlying IP in both its Sportsbook and gaming platform where there is also the potential to monetise a B2B opportunity."

At 1000 BST, GVC shares were up 2.7% to 681.50p.

GVC Holdings PLC (GVC:LSE) set a new 52-week high during today's trading session when it reached 688.50. Over this period, the share price is up 57.93%.

have GVC leftover from b win will hold very long term BB