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

https://www.gamblinginsider.com/news/2894/kenny-alexander-exclusive-we-are-confident-in-gvcs-continued-growth-and-resilience

Very fast climb. Stopped for a breather.

momentum back ? Good to end blue.

GVC confirms the appointment of Paul Miles as new CFO
StockMarketWire.com
GVC has confirmed the appointment of Paul Miles as a Director and Chief Financial Officer of the Company takes effect today.

He succeeds Richard Cooper who steps down from the GVC Board today.



At 1:52pm: (LON:GVC) GVC Holdings Plc share price was +1p at 689p


Story provided by StockMarketWire.com

Long-term refinancing
RNS
RNS Number : 2934Y
GVC Holdings PLC
02 March 2017
 
 
 
2 March 2017
GVC Holdings PLC
 ("GVC" or the "Company" or the "Group")
Long-term refinancing
GVC Holdings PLC (LSE:GVC), the multinational sports betting and gaming group, is pleased to announce it has signed a €320m Senior Secured Term and Revolving Facility ("the Facility") comprising  a €250m term loan (the "Term Loan") and a €70m revolving credit facility("RCF").
In October 2016, the Group secured a one year (with options to extend for an additional 6 or 12 months) €250m loan facility from Nomura International plc (the "Nomura Loan"), which was used in part to repay the €400m loan provided by Cerberus Business Finance LLP (the "Cerberus Loan") associated with the acquisition of bwin.party digital entertainment plc. The Nomura Loan provided a short term facility at a reduced overall cost from that associated with the Cerberus Loan. 
The Group has now successfully secured long-term and increased debt facilities. The key terms of the Facility are highlighted in the table below.
Details of the Term Loan:
Amount committed: €250,000,000
Interest rate: 3.25% above Euribor
Euribor floor: 0.0%
Maturity: 6 years
Security: Senior Secured
 
Details of the RCF:
Amount committed: €70,000,000
Interest rate: 2.75% above Euribor on drawn amounts
Euribor floor: 0.0%
Maturity: 5 years
Security: Senior Secured
 
The Term Loan represents GVC's first entry into the syndicated debt market and was significantly oversubscribed. The Term Loan will benefit from an accordion facility that will allow the incurrence of incremental debt subject to net leverage of not greater than 2.25x the Group's EBITDA (as defined in the Facility). Given the Group's proven track record of creating value through M & A and ongoing industry consolidation, securing long-term finance and access to a broader base of debt investors is an important development for GVC.    There are no plans to draw on the RCF at this time.
The annualised percentage cost of the Facility, including interest and fees, is below that of the Nomura loan which will be repaid in full on the drawdown of the Term Loan.
Nomura International plc ("Nomura") acted as mandated lead arranger ("MLA") and sole physical bookrunner of the Term Loan. Nomura, The Governor and the Company of the Bank of Ireland, Deutsche Bank AG- London Branch and Mediobanca S.p.A. committed to the Company's RCF and were also appointed MLAs and bookrunners on the Term Loan.
Kenneth Alexander, CEO, said:
"The long-term refinancing provides greater visibility and security in terms of our debt facilities. To have completed our inaugural institutional loan market financing and to have been significantly oversubscribed is a reflection of the progress made by GVC. Furthermore, access to a broader debt investor base is important given the ongoing consolidation in the gaming industry, particularly given the Group's proven track record of successful M & A."
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
- ends -
 

2 Mar
Liberum Capital
830.00
Buy

Getting close to 700p again, will break through soon.

Broke the 700p, although steady selling at the bell. I hope they climb now towards the results on the 23 March.

Good day, onwards towards results.

Final results


Financial highlights
·      Pro forma1 Net Gaming Revenue up 9% to €894.6m (+12% in constant currency)
·      Pro forma Clean EBITDA2 up 26% to €205.7m
·      Adjusted Profit Before Tax3 €93.8m vs €46.4m in 2015
·      Second special dividend euro 15.1c, giving total euro 30c dividends declared for FY 2016
·      Net debt4 €131.5m just 0.6x Clean EBITDA
·      Long-term refinancing secured with oversubscribed institutional debt issue
Operational highlights
·      Successful integration of bwin.party
·      Improved platform stability and significantly improved product offering
·      Sports Labels pro forma NGR up 14% (+16% in constant currency)
·      Improved sports win margin to 9.6% (2015: 8.6%)
·      Pro forma gaming NGR from the acquired bwin sports labels up 26%, while value of first time deposits +37%
·      Games Labels pro forma NGR down 4% (flat in constant currency), H2 pro forma NGR up 4% in constant currency
·      On target to achieve €125m5 synergy run rate at end of 2017
·      95% of Group revenues derived/processed through our proprietary platform
Current trading6
·      Pro forma daily NGR up 15% (+16% constant currency) in Q1
·      Pro forma daily Sports Labels NGR +18% (+19% constant currency)
·      Pro forma daily Games Labels NGR + 6% (+8% constant currency)

23 Mar
Liberum Capital
830.00
Buy

GVC to pay above-forecast second special dividend with underlying trading strong
Share
09:14 23 Mar 2017
The online sports betting and gaming - which bought Bwin for £1.1bln in September 2015 after a heated bidding war with 888 Holdings PLC (LON:888) - declared a second special dividend of 15.1 euro cents, taking the total payout for the year to 30 euro cents

GVC, whose brands also include Foxy Bingo and partypoker, said full-year 2016 group ‘clean’ underlying earnings was up 26% to €205.7mln
Foxy Bingo owner GVC Holdings PLC (LON:GVC) is to pay a bigger than expected second special dividend for 2016 on the back of strong underlying trading helped by its acquisition of Bwin which completed last year.
The online sports betting and gaming  - which bought Bwin for £1.1bln in September 2015 after a heated bidding war with 888 Holdings PLC (LON:888) -  declared a second special dividend of 15.1 euro cents, taking the total payout for the year to 30 euro cents.
In November, the FTSE 250-listed firm had said it would pay a special dividend of 10 euro cents per share for 2016, before bumping it up to 14.9 euro cents in December.
GVC, whose brands also include partypoker and Sportingbet, said full-year 2016 group ‘clean’ underlying earnings (EBITDA) was up 26% to €205.7mln (US$222.09mln), while revenue rose 8% to €873.2mln.
Kenneth Alexander, GVC’s CEO, said: "The acquisition of bwin.party in February 2016 was our most ambitious transaction to date and through the hard work of our people we have once again demonstrated our ability to create significant shareholder value through selected acquisitions.
“Our strategy of pursuing international diversification and scale through leveraging our proprietary technology, is more appropriate today than at any time in our history. The organic growth opportunity is equally exciting and we are confident of delivering further growth in 2017."
Top pick ...
In a note to clients, analysts at Liberum Capital said: “FY16 Results are at the top end of previous expectations and FY17 has started very strongly - a further special dividend is an additional sign of confidence.”
They added: “We see future scope for upgrades in addition to an upwards re-rating; a P/E of 11x FY18 is very attractive given we forecast EPS to more than double between FY16 and FY18.”
The analysts said: “GVC has been our top pick amongst the operators in the sector; its business is well diversified across growth markets and is supported by a significant proportion of proprietary technology.”
Liberum reiterated a ‘buy’ rating and 830p price target on GVC.
In early trading, GVC shares were up 2.1%, or 15p at 723p.

These look a real success story don't they D/C, no stamp duty either on purchases either.

24 Mar
Citigroup
725.00
Neutral hmmmmmmmmm!!!!!!!!!!!!!!!!

Dividend timetable
23 March
Dividend declared
30 March
Ex-dividend date
31 March
record date
12 May
payment
Future trading updates and financial calendar

w/c 24 April
Trading update
4 May
Posting of Annual Report and Accounts
12 May
Dividend payment
25 May
Capital Markets day
20 June
AGM
July
Trading update
September
Interim results
October
Trading update

Dividend 15.1 euro cents

Ex dividend today. Fully expecting the sp to drift from today, until next update.

Good to see a blue day, thought there would be a sell off.

08:00 04/04/2017
Broker Forecast - Berenberg issues a broker note on GVC Holdings Plc
Berenberg today reaffirms its buy investment rating on GVC Holdings Plc (LON:GVC) and raised its price target to 900p (from 840p). Story provided by StockMarketWire.com

kenny-alexander-the-pokerplaying-gvc-boss-itching-to-get-chips-in-middle-when-takeover-cards-are-dealt