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

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES - 4 million shares purchased


http://www.moneyam.com/action/news/showArticle?id=4560934

Preliminary Results and Trading Update

Highlights

•
Acquisition of Sportingbet plc completed on 19 March 2013

•
Total revenues for 2012 rose 34% to €59.6 million (2011: €44.3 million), another year of increased revenues

•
2012 Clean *EBITDA increased by 84% to €15.5 million (2011: €8.4 million)

•
30% increase in dividend in the year: 11€cents paid in May 2012 (May 2011: 10€cents) and 15€cents paid in November 2012 (November 2011: 10€cents)



All four operational aims achieved in period:

· build revenues and profits from B2B operations

· achieve a step-change in Latin American revenue growth

· stabilise profits from CasinoClub

· position GVC as an acquirer of businesses within the sector




Trading Update (83 day period to 24 March 2013) - GVC excluding Sportingbet

•
27% increase in average pro forma daily revenues to €348k (2012: €273k)

•
34% increase in B2B pro forma daily revenues to €230k (2012: €171k)

•
15% increase in B2C daily revenues to €118k (2012: €102k)




* Earnings before interest, taxation, depreciation, amortisation, share option charges and exceptional items



Commenting on the results, Kenneth Alexander, Chief Executive of GVC Holdings plc, said: "The Board is pleased to report that not only was 2012 another period of increased financial performance and returns for shareholders, but that on 19 March 2013 we completed the most significant deal in the Group's history. The acquisition of Sportingbet enhances our current market position and provides potential for considerable growth, as well as laying the foundations for future transactions.



"The Group met all of its key operational objectives during the period and has seen a significant increase in revenues in the B2B division in its first full year of operation. Betboo's revenues increased by 17% to €10.3 million and the profitability of CasinoClub was maintained as planned.



"The Board is pleased with the strong start to the current financial year in terms of trading, and looking ahead we will integrate and restructure the Sportingbet retained business over the coming 12 months. We are confident that the Group is well positioned for the future, with its portfolio of brands now including Sportingbet serving numerous markets"




http://www.moneyam.com/action/news/showArticle?id=4561673

..

GVC plans big cuts to Sportingbet cost base
By Keith Weir | Reuters – 4 hours ago.. .



LONDON (Reuters) - Online gaming group GVC Holdings plans to cut costs at the Sportingbet (LSE: 4482.L - news) businesses it acquired earlier this month to bring them to break even by next year.

Some of the 200 people employed by Sportingbet in its London office will lose their jobs and the new owners are also unlikely to renew a shirt sponsorship deal with English second tier football club Wolverhampton Wanderers.

"We will be ripping out substantial amounts of central cost from Sportingbet," GVC CEO Kenneth Alexander told Reuters.

"All sponsorships are under review," he added.

GVC, listed on the AIM market, was the junior partner in a 485 million pound deal completed this month with leading bookmaker William Hill (Other OTC: WIMHF - news) to buy online gambling group Sportingbet.

William Hill is taking on the Australian and Spanish assets, while GVC will acquire Sportingbet's operations in 24 countries in an agreement that cost it around 31 million pounds.

"It is our aim by 2014 to get Sportingbet to break even or better," said Finance Officer Richard Cooper. Takeover documents refer to restructuring costs of up to 24 million euros as GVC cuts the overheads it acquired with Sportingbet.

GVC had to pay Sportingbet 27.3 million euros in 2012 relating to its acquisition the previous year of the company's Turkish operations and these payments will now cease.

The latest deal enabled GVC to expand in Britain, Greece and eastern European markets including Czech Republic, Poland and Russia.

GVC is more willing than larger rivals to operate in markets where licensing regulations are less clear cut and regulatory risks consequently higher.

GVC, whose brands include Casino Club and Betboo, said EBITDA profit rose 84 percent to 15.5 million euros in 2012.

Revenues were up 34 percent to 59.6 million euros.

The company has no plans to join the main stock exchange, citing higher costs which it said would reduce returns to its shareholders.

(Writing by Keith Weir, editing by Kate Holton)

A buy in this weeks IC - Such the potential of the sportingbet deal that GVC'S shares, trading on a modest forwardv PE ratio of seven and underpinned by an attractive 7.4 dividend yield, continue to rate a buy even after a steller run in the past year.

GVC Holdings PLC (GVC:LSE) set a new 52-week high during today's trading session when it reached 294.80. Over this period, the share price is up 92.95%.

In this weeks Shares mag - Jackpot awaits GVC


Shares in online gambling provider GVC could rise by more than 40% in 12 months, according to analysts. Such a gain would provide investors with attractive capital appreciation on top of an already generous dividend stream. The £157m cap is primed for a rerating driven by efforts to cut costs out of assets acquired from Sportingbet. Its task is to get the loss-making Sportingbet operations to break-even within the next twelve months and sustain the strong growth momentum generated by its existing operations. GVC looks cheap relative to its impressive earnings growth profile . It trades on 6.98 times forecast earnings for2013 and 4.7 times for 2014 estimates. House broker Daniel Stewart sees the share price hitting 368p in 12 months time and 457p by the end of 2014. It reckons pre-tax profit will jump from £10.7m in 2012 to £24.4m this year and £41.6m in 2014. The business is highly cash generative and pays a minimum 75% of net operating cashflow in dividends.
Having temporarily altered the pace of dividends during the acquisition of the Sportingbet assets- the deal completed on 19 March GVC says it will recommence quarterly payments from November, A forecast payout of 26c (22p) in 2013 equatest 8.6% yield.
GVC has inherited the ParadisePoker brand from Sportingbet, one of the biggest names in US online gambling until the market shut up shop in 2006. With growing signs the US market is about to reopen, the brand suddenly has enhanced value. GVC says it has no intentions of going to the US, so a brand sale could be on the cards.

Acquisition of shares by a Director

http://www.moneyam.com/action/news/showArticle?id=4568516

Looks like you are on a winner here dc. Better than my opay and our rrl. gl.

Sorry for the late reply 3m, this one does look good. Even up today.


GVC Holdings PLC (GVC:LSE) set a new 52-week high during today's trading session when it reached 305.00. Over this period, the share price is up 100.67%.

I see in IC Lee Feldman (ch) purchased 15,ooo shares at 289 - £43,350 on 3 Apr

Shares mag has a target price of 450p

£4.50 still won't reach what my friend paid for them years ago, at least they are on their way up which is good for all who got in at a low price gl.

She/He must of purchased in 2005 as that was the year they have only been above 450p and slowly dropped from around 850p at about that time.

As I said it was years ago dc. In fact if could have been even more than £5. She has been - waiting a long time as with a lot of others eg. Netellar now known as OPAY. Believe me I know. I was lucky only bought into OPAY at £183. something and somewhere I stated which year I got them at that. A long hall it has been for some. As I said gl.

2012 annual report


http://www.gvc-plc.com/archive/annual_reports/GVC_Annual_Reports_12.pdf

AGM Trading Update

RNS


RNS Number : 1337E

GVC Holdings PLC

08 May 2013











Press Release

8 May 2013




GVC Holdings PLC



("GVC" or the "Group")



AGM Trading Update



GVC Holdings PLC (AIM:GVC), a leading provider of B2B and B2C services to the online gaming and sports betting markets, is pleased to announce the following trading update ahead of its Annual General Meeting which is being held at 11 a.m. today in the Isle of Man.



The Board confirms that trading across all of the Group's brands is in line with market expectations for the current financial year. As previously outlined, the management team remain very focused on the planned restructuring of the Sportingbet brand since its acquisition in March this year and the integration is proceeding as anticipated. The Group will issue a more detailed trading update to the market in the first week of July 2013.



- Ends -

Director Deals - GVC Holdings Plc (GVC)

BFN

Kenny Alexander, Chief Executive Officer, bought 87,000 shares in the company on the 9th May 2013 at a price of 287.50p. The Director now holds 400,333 shares.

Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com

Starting to move this aft.

A nice rise today for you dc., again I wish my opay would move instead of dropping -ahhhhhh.

Thanks 3m. Sorry I did not reply earlier.