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

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

10:30 08/05/2018
Broker Forecast - Shore Capital issues a broker note on GVC Holdings Plc
Shore Capital today initiates coverage of GVC Holdings Plc (LON:GVC) with a buy investment rating and price target of 871p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Triennial Review
RNS
RNS Number : 3893O
GVC Holdings PLC
17 May 2018


17 May 2018

GVC Holdings PLC
("GVC", the "Group")

Triennial Review

GVC Holdings PLC (LSE: GVC), the multinational sports betting and gaming group, notes the announcement made today by the UK Government regarding the Triennial Review.

The Government has today published its final decision on the Triennial Review, concluding that stakes on B2 content should be cut to a maximum of £2 per spin. Whilst we welcome the certainty provided by the announcement, we are disappointed with the outcome, particularly given the previous independent evidence on stake cuts published by both the Gambling Commission and the Responsible Gambling Strategy Board.
It is now important that the industry is given an adequate implementation period to help prepare and plan for the shop closures that will arise, including attempting to mitigate the impact of resultant job losses. Significant re-engineering of the machines and gaming software will also be required to effect these changes.
Today's Government announcement marks the end of uncertainty on FOBT staking limits. As a responsible business, we re-iterate our commitment to work closely with the Government and our regulators to ensure that both our retail and online offerings are places where customers can enjoy gambling in a safe and secure environment. In order to achieve a positive and constructive working relationship, GVC confirms that it does not intend to seek a Judicial Review of the Triennial Review decision.
Expected financial impact
The focus in the UK Retail operation over the last two years has been to create a business that is well placed to face these structural and regulatory headwinds. As such we expect to be able to reposition the business within two years following implementation, with an anticipated fully mitigated impact of c£120m on Group EBITDA secured by the end of this period. In the first full year the impact on Group EBITDA is anticipated to be in the region of £160m. Therefore, we expect to retain a profitable and highly cash generative UK Retail estate. Furthermore, our proven leading multi-channel expertise presents additional opportunities to drive online growth.
The offer for Ladbrokes Coral Group ("Ladbrokes Coral") envisaged the possibility of a £2 maximum stake Triennial Review (see below) and today's announcement has no impact on the minimum targeted synergies of at least £100m per annum.
Contingent Value Right
As part of the consideration paid for the acquisition of Ladbrokes Coral, GVC issued to each Ladbrokes Coral shareholder a Contingent Value Right ("CVR") for each Ladbrokes Coral share that they held. The CVRs were constituted under a deed poll made by the Company ("CVR Instrument"), a copy of which can be found at www.gvc-plc.com.The value of each CVR, and therefore the value of any payment ultimately due from GVC to CVR holders, is directly linked to the outcome of the Triennial Review and certain laws enacted pursuant to it. Whilst there is a formal process and methodology for determining the value of the CVRs, which GVC will adhere to, the CVR Instrument envisages that if legislation is enacted prior to 28 March 2019 reducing maximum stakes to £2, as announced by the Government today, this will result in each CVR having zero value. In such circumstances no payment would be required to be made by GVC to CVR holders and the CVRs would be automatically cancelled.
Trading update and pro forma financial information
The Group intends to provide a current trading update, along with enlarged Group pro forma financial information on 25 May 2018. An analyst call will be held at 9.00 AM on the same day. Participants may join the call by dialing one of the following numbers, approximately 10 minutes before the start of the call:

What do you think of these dc?
I remember when the US ban on betting was introduced and many of these stocks crashed.
GVC has swallowed up a number of the smaller companies. WMH seems ready to go in the US. Not sure about 888. PPB definitely one to watch, imo.
Assuming this goes ahead, then even allowing for the FOBM loss in revenue, the anticipated US revenue should more than offset that.

Certainly thought there would be a hefty fall today Harry. I think the reduction in the stake is good. Families must be being torn to shreds, with some gambling getting out of control. Just think 5 spins of the wheel equalled up to £500, crazy.

you clearly missed this important bit, which is no doubt why the shares shot up another 50p yesterday .....

The offer for Ladbrokes Coral Group ("Ladbrokes Coral") envisaged the possibility of a £2 maximum stake Triennial Review (see below) and today's announcement has no impact on the minimum targeted synergies of at least £100m per annum.

Cheers cynic.

Trading update

25 May
Numis
1,141.00
Buy
25 May
Shore Capital
983.00
Buy

11:30 04/06/2018
Broker Forecast - HSBC issues a broker note on GVC Holdings Plc
HSBC today upgrades its investment rating on GVC Holdings Plc (LON:GVC) to buy (from hold) and raised its price target to 1135p (from 880p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

11:20 04/06/2018
Broker Forecast - AlphaValue issues a broker note on GVC Holdings Plc
AlphaValue today upgrades its investment rating on GVC Holdings Plc (LON:GVC) to buy (from add). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Playtech plc
Result of Secondary Placing of holding in GVC Holdings plc
Playtech plc ("Playtech" or the "Company") has held a stake of approximately 3.4% of GVC Holdings plc's ("GVC") issued share capital which it received as a result of its previous holding in Ladbrokes Coral Group plc (previously Ladbrokes plc).

Following a placing conducted through Goodbody, UBS Limited and Shore Capital (the "Placing"), Playtech has sold its entire holding of c.19.6 million ordinary shares in GVC at a price of 1010 pence per ordinary share. The Placing is expected to settle on a T+2 basis, on 11 June 2018. Following completion of the Placing, Playtech will no longer hold any interest in GVC's ordinary shares.