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

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

New high £6.93.

2 Sep Canaccord... 720.00 Buy

Naked Trader Thurs 8 Sept - I added some betting co GVC - it's taken two years for me to double on these but I have now bought some more. Brilliantly well run company this that continues to build in size.

13 Sep Berenberg 760.00 Buy

Half year report


Financial highlights
·      Pro forma NGR increased 8% to €441.8m, 12% in constant currency
·      Clean EBITDA of €91.2m (€25.5m H1 2015), pro forma Clean EBITDA growth 42%
·      Adjusted PBT of €51.3m (€21.8m H1 2015)
·      Net debt as at 30 June €165.1m (€154.3m as at 24 July 2016*)
 
*As reported with the refinancing announcement
 
 
Operational and strategic highlights
·      Strength of brands reflected by growth achieved with relatively low marketing spend (21% of NGR)
·      Mobile sports wagers grew 55%, casino and games 98%
·      Integration of bwin.party on target to secure €125m annualised synergies by end of 2017
·      Significantly strengthened senior management
·      Signed largest B2B deal to date with one of the UK's best known sports betting brands, Betfred
·      Confirmation of New Jersey gaming licence
 
Post period-end events
·      Admitted to Premium segment of Official List 1 August (FTSE 250 inclusion 19 September)
·      New €250m financing facility secured at substantially reduced cost to current facilities
 
 
Current Trading and Outlook
·     
Average daily NGR for the 11 weeks to 15 September up 12% on a pro forma basis (15% in constant currency)
·     
Organic growth opportunities from bwin.party Acquisition greater than expected; to be exploited through increased marketing investment

Great interim report. New high and climbing.

was told to buy into this one a few weeks back and failed to do so :-(