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

Disposal http://www.moneyam.com/action/news/showArticle?id=5727986

8 Nov
Berenberg
960.00
Buy

29 Nov
Peel Hunt
1,000.00
Buy

Potential takeover http://www.moneyam.com/action/news/showArticle?id=5771828

GVC Holdings PLC (GVC:LSE) set a new 52-week high during today's trading session when it reached 992.50. Over this period, the share price is up 55.76%.

did not see 992 may have sold, long term holder my thinking, BB Target £11 2018

8 Dec
Peel Hunt
1,200.00
Buy
29 Nov
Peel Hunt
1,000.00
Buy

8 Dec
Citigroup
1,090.00
Buy

GVC- Ladbrokes deal would strengthen profile, says Fitch
StockMarketWire.com
A combination of GVC with Ladbrokes Coral would create one of the leading gaming companies in the world, with a stronger business profile than either would likely be able to achieve individually through organic growth, Fitch Ratings says.

And the agency said that while leverage would initially be higher than for Ladbrokes Coral, there was the potential to fall fairly quickly.

The two groups announced last week that they were in advanced discussions over GVC buying Ladbrokes Coral.

The offer is worth £3.1bn plus a contingent value right that could lift the value to around £3.9bn and which was dependent on the outcome of the Government's review of gaming machine regulations.

Fitch said: 'The plan to fund the majority of the acquisition through new GVC shares would limit the impact on leverage.

'However, Ladbrokes Coral currently has about £1.1bn of debt outstanding which we expect would need to be refinanced, while the CVR would also be funded by additional debt.

'As a result, the combined group's outstanding debt would probably be between £2bn and £2.9bn.

'FFO adjusted net leverage would initially be above that of Ladbrokes Coral, which we forecast to be about 4.1x at end-2017.

'This means it would be higher than the level that we would normally see as commensurate with an investment-grade credit profile, although with good deleveraging prospects.

'However, any assigned rating would depend on multiple factors, in addition to leverage considerations.'

Fitch continues: 'The combined business profile would benefit from enhanced geographic diversification, with over 90% of revenues being generated from regulated or taxed markets, assuming the disposal of GVC's Turkish operations completes.

'The enlarged group would also combine both retail and digital betting offerings, while GVC currently only operates online platforms.

'This would enhance the group's ability to improve brand and product awareness as well as customer retention through enhanced omni-channel and marketing initiatives.

'We believe that there is potential for material cost-savings.

'GVC has a good track record of integrating large acquisitions, while Ladbrokes Coral has made good progress on integration since the 2016 merger of Ladbrokes and Gala Coral.

'Improved profitability and cash generation from a successful integration would help offset any additional regulation and a very competitive operating environment, and could lead to faster deleveraging.

'GVC's proprietary technology should provide further advantages.

'It is currently used to generate 95% of GVC's revenues, while Ladbrokes Coral uses platforms provided by third parties.'

At 8:36am: (LON:GVC) GVC Holdings Plc share price was -6p at 923p


Story provided by StockMarketWire.com

18 Dec
Numis
1,133.00
Buy

2 Jan
Barclays...
1,066.00
Overweight

Trading update

Key highlights (year to 31 December 2017 unless stated)
· Total NGR c€1,009m, an increase of 13% on pro forma 2016
· Underlying NGR growth +18% on pro forma 2016
· Clean EBITDA is expected to be at the top end of management's internal expectations
· Q4 NGR €279.5m - a record since the acquisition of bwin.party in February 2016
· Q4 underlying NGR growth +31% - strongest quarter since bwin.party acquisition

GVC Holdings: Berenberg reiterates buy with a target price of 1,070p.

22 Feb
Berenberg
1,200.00
Buy

Final results

Financial highlights1
· NGR +17% to €925.6m vs pro forma 2016 (+ 17% in constant currency)
· Clean EBITDA +40% to €239.5m vs pro forma 2016
· Adjusted profit before tax +182% to €178.7m
· Adjusted EPS €0.56 (2016: €0.19), adjusted EPS inc discont'd €0.66 (2016: €0.31)
· Second interim dividend €0.175, giving full year €0.34 (+13% vs 2016)
· Net debt €108.6m (2016: €126.1m)
Operational highlights1
· Sports Brands NGR +20% vs pro forma 2016, driven by strong sports and gaming
· Games Brands NGR +12% vs pro forma 2016, driven by investment in partypoker and positive performance from casino brands
· Platform migration of all key territories now complete
· Significant product development and enhancements released in 2017 and more to come in 2018
· Disposal of Headlong and associated Turkish facing businesses
Update and Current Trading (Q1 for period up to 4 March)
· GVC and Ladbrokes Coral shareholders overwhelmingly approve acquisition
· Strong start to 2018 with NGR +16% (+18% in constant currency) up to 4 March 2018
· Acquisition post period end of 51% of Mars LLC ('Crystalbet') in Republic of Georgia
· Board's expectations for the full year remain unchanged

9 Mar
Peel Hunt
1,200.00
Buy

GVC Holdings: Barclays reiterates overweight with a target price of 1,210p.

09:40 09/04/2018
Broker Forecast - Deutsche Bank issues a broker note on GVC Holdings Plc
Deutsche Bank today reaffirms its buy investment rating on GVC Holdings Plc (LON:GVC) and raised its price target to 1300p (from 985p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

9 Apr
Deutsche Bank
1,300.00
Buy
9 Apr
HSBC
880.00
Hold

12:50 18/04/2018
Broker Forecast - Numis issues a broker note on GVC Holdings Plc
Numis today reaffirms its buy investment rating on GVC Holdings Plc (LON:GVC) and raised its price target to 1141p (from 1133p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk