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

Could well make a few bob here.

Which way up or down?

up :-))

Director Deals - GVC Holdings Plc (GVC)

BFN

Paul Bowtell, Executive Director, bought 100,000 shares in the company on the 14th December 2018 at a price of 732.71p. The Director now holds 387,438 shares.

Story provided by StockMarketWire.com

Director deals data provided by www.sharesmagazine.co.uk

Pro active investor -


GVC shares slip as Ladbrokes comes under fire for problem gambler hush money
Share
12:30 17 Dec 2018
According to a report from The Guardian, Ladbrokes had agreed to pay the victims of the problem gambler £1mln in return for a pledge to not inform the industry regulator

GVC acquired Ladbrokes in March in a £4bn deal
Shares in FTSE 100 gambling provider GVC Holdings PLC (LON:GVC) slipped in mid-morning trading Monday after its subsidiary, bookmaker Ladbrokes, found itself caught up in a scandal regarding payoffs to victims of a problem gambler.
According to a report from The Guardian on Monday, Ladbrokes had agreed to pay the victims of the problem gambler, who had stolen money from clients of their Dubai-based property business to feed their gambling habit, £1mln in return for a pledge to not inform the industry regulator.


Hush money
The gambler later admitted to having stolen the funds, with Ladbrokes agreeing to pay the money to five of the victims who accused the bookmaker of accepting stolen funds.
However, The Guardian said it had seen the settlement agreement which had included a demand by Ladbrokes that the victims “agree not to bring any complaint or make any report to any regulator in relation to the claim” in order to receive the money.
The paper also revealed that it had been passed text messages and photos that revealed the company had offered the gambling addict generous incentives, including free tickets to Arsenal games, the company box at the Royal Ascot, and return flights from Dubai.
Incentives are a common practice in the industry to ensure the loyalty of high-paying customers.
The issue came to light when the gambler reported the issue to the Gambling Commission, breaking the terms of the settlement.
An area of particular concern were text messages exchanged between the gambler and an account manager assigned to him, which raised doubts around the company’s compliance with regulations designed to prevent problem gambling and money laundering.
The GC, which monitors the industry, said it was investigating the matter to “ascertain the full circumstances” of the revelations.
READ: William Hill PLC hit by £6.2mln fine by The Gambling Commission
The case follows incidents among several gambling firms where the regulator has extracted millions in fines due to failures to spot gambling addiction and money laundering among its clients.
One example is FTSE 250 bookmaker William Hill PLC (LON:WMH), which was fined £6.2mln in February after the GC said it had failed to spot obvious signs of problem gambling and had therefore breached anti-money laundering and social responsibility regulations.
GVC shares were down 3.7% at 694.5p.

10:50 07/01/2019
Broker Forecast - Morgan Stanley issues a broker note on GVC Holdings Plc
Morgan Stanley today reaffirms its overweight investment rating on GVC Holdings Plc (LON:GVC) and cut its price target to 1280p (from 1330p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

2018 post close trading update

Full year trading highlights1:

· Proforma underlying Group EBITDA2 ahead of expectations3 at £750m to £755m
· Strong growth in Online with NGR +19%
· UK Retail like-for-like ("LFL")4 NGR -3%
· European Retail NGR +16% with strong growth in Italy NGR +18%
· Total Group NGR +9%

Q4 trading highlights1:

· Continued momentum in Online, despite very tough comparatives, and market share gains in all major territories
· Group NGR +5% with Online NGR +15%

Might be worth a closer look these.

Careful Stan, the US Wire Act is starting to cast doubt on the US internet gaming & gambling market. This has happened before, but the market needs certainty over the future of investment in this industry, otherwise it's going to upset the share price of all of the players.

Point taken Harry thanks, yes how many UK outfits actually benefit greatly when they go into the states..not many I can think of lately can you.

11:30 17/01/2019
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 cut its price target to 1100p (from 1300p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk


17 Jan
Berenberg
1,100.00
Buy
17 Jan
Shore Capital
N/A
Buy
17 Jan
Peel Hunt
N/A
Buy