dreamcatcher
- 13 Jan 2013 12:13
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
xlr8
- 02 Jul 2013 09:29
- 49 of 404
This was a strong update and the yield on the restored divi is very healthy. I saw that the CEO has done an interview on BRR Media talking about the announcement
http://www.brrmedia.co.uk/event/112833/
dreamcatcher
- 17 Jul 2013 07:06
- 50 of 404
Details of Dividend Payment
RNS
RNS Number : 4720J
GVC Holdings PLC
17 July 2013
Press Release
17 July 2013
GVC Holdings PLC
("GVC" or the "Group")
Details of Dividend Payment
Further to the quarterly dividend announced in the Trading Update issued on 1 July 2013, GVC Holdings PLC (AIM:GVC), a leading provider of services to the online gaming industry, is pleased to announce that the dividend of 10.5€cents per share will be paid on 1 August 2013 to shareholders on the register on 12 July 2013. As is customary, the dividend will be paid in GBP, which has been locked in at a foreign exchange rate of 1.1582 on 15 July 2013. This mean the gross dividend will be 9.0658 pence per share.
Corporate and investor relations website
GVC is also pleased to announce that the Group's corporate and investor relations website has been updated recently to reflect the enlarged business post the acquisition of Sportingbet which was completed in March 2013. The refreshed website can be viewed at www.gvc-plc.com.
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humpback321
- 17 Jul 2013 19:19
- 51 of 404
I bought a few of these a few days ago for the dividend, which for a AIM company is extraordinarily high, paid quarterly, which appears to be sustainable. The chart is good, and the story appears to be good. I believe the directors are paid bonuses connected to the dividend. Watching this closely to probably add before next e/div early November.
dreamcatcher
- 17 Jul 2013 19:26
- 52 of 404
They look good humpback321, see post 46 - re dividend.
dreamcatcher
- 06 Sep 2013 17:47
- 53 of 404
A buy in this weeks Shares - for income, offering a prospective 8.5% yield and paying quarterly dividends.
humpback321
- 07 Sep 2013 20:48
- 54 of 404
Interim results, further update, and announcement of Q3 2013 results, week of 23/9/13. Lower costs ,sporting bet profits anticipated. With good chart, high quarterly dividends, possible, probable, share price increase watch this..........
dreamcatcher
- 20 Sep 2013 14:14
- 55 of 404
Notice of Interim Results
RNS
RNS Number : 5298O
GVC Holdings PLC
20 September 2013
Press Release
20 September 2013
GVC Holdings PLC
("GVC" or the "Company")
Notice of Results
GVC Holdings PLC (AIM:GVC), a leading provider of services to the online gaming industry, announces that the Company will release its Interim Results for the six months ended 30 June 2013 on Wednesday 25 September 2013.
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dreamcatcher
- 24 Sep 2013 21:55
- 56 of 404
Wednesday September 25
INTERIMS
GVC Holdings
dreamcatcher
- 25 Sep 2013 07:11
- 57 of 404
Interim Results and Trading Update
RNS
RNS Number : 8118O
GVC Holdings PLC
25 September 2013
Press Release
25 September 2013
GVC Holdings PLC
("GVC" or the "Group")
Interim Results and Trading Update
GVC Holdings PLC (AIM:GVC), a leading provider of services to the online gaming industry,today announces its Interim Results for the six months ended 30 June 2013 and a Trading Update to 22 September 2013.
Interim Highlights
•
Revenues increased by 144% to €72.3 million (H1-2012: €29.6 million)
•
Clean EBITDA* rose by 132% to €17.8 million (H1-2012: €7.7 million)
•
Restructure of Sportingbet nearing completion and now profitable
•
Like-for-like revenues in H1-2013, 8.5% higher than H1-2012
•
EBITDA for full year to be ahead of current market expectations
•
Basic EPS (before exceptional items), €0.330, 100% higher than H1-2012 (€0.165)
•
Dividend of 10.5 €cents per share declared (Dividends for 2013 total 28 €cents)
Trading Update, 84 day period to 22 September 2013 ("Q3-2013")
•
Group revenues up 249% to €516k per day (Q3-2012: €148k)
•
Like-for-like revenues in Q3 up 3.4% on 2012 despite a significantly stronger Euro
•
Sports margin percentage across all products 9.7% in Q3-2013 (Q3-2012: 9.1%)
* Earnings before interest, taxation, depreciation, amortisation, share option charges and exceptional items
** Sportingbet PLC was acquired on 19 March 2013. Under a court approved Scheme of Arrangement, it excluded the Australian business of Sportingbet PLC which was acquired by William Hill PLC. References to Sportingbet in this statement exclude Australia.
Commenting on the results, Kenneth Alexander, Chief Executive of GVC Holdings plc, said: "The Board is pleased to report another period of solid growth, increased profitability and a further dividend for our shareholders. In the first half of 2013, we completed our acquisition of Sportingbet PLC and have since been working hard to turnaround this business and integrate it into the Group. The execution of our strategic plan to restructure and return this business to profitability is near completion and has gone far better than expected. Under GVC's leadership, revenues in the Sportingbet business have increased and by the end of 2013 the Board expects that the inherited cost base will have already been reduced by around 50%. The balance sheet has been completely repaired, the cash burn stopped and this business is now profitable.
"As a result, we are pleased to be able announce today our third dividend of 2013, of 10.5 €cents, which means that the Group will have paid a total dividend of 28 €cents per share to shareholders in 2013. The Group has performed well in the first half of 2013 and continues to trade well in Q3-2013. The Board is therefore confident that market expectations for the current financial year will be exceeded and our confidence in the future is represented in the Group's dividend to shareholders."
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humpback321
- 25 Sep 2013 12:28
- 58 of 404
Great results!!! "the board is confident market expectations will be exceeded" and quarterly dividend, ex/div 11/10/13 paid 1/11/13.
dreamcatcher
- 25 Sep 2013 15:42
- 59 of 404
..
GVC says Sportingbet deal paying off
Reuters - UK FocusReuters - UK Focus – 6 hours ago..
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LONDON, Sept 25 (Reuters) - GVC expects to beat market forecasts this year thanks to rapid progress on restructuring the Sportingbet businesses it bought this year, the online gambling company said on Wednesday.
GVC, listed on the AIM stock market, was the junior partner to William Hill (Other OTC: WIMHY - news) in a 485 million pound ($775.2 million)takeover of online gambling group Sportingbet earlier this year.
GVC acquired Sportingbet's operations in 24 countries for around 31 million pounds, while William Hill took on the businesses in the better regulated markets of Australia and Spain.
"The (Sportingbet) business is now profitable, the cash burn has been stopped and there has been no effect on the revenues," GVC Chief Executive Kenneth Alexander said.
"In fact the revenues over this period have grown so we're delighted with the way with the restucturing has gone.
GVC has cut jobs, cancelled IT projects and ended sponsorships including a shirt deal with English soccer club Wolverhampton Wanderers.
GVC said revenue more than doubled to 72.3 million euros ($97.55 million) in the six months to the end of June, while EBITDA was up by 132 percent to 17.8 million euros.
It will pay an interim dividend of 10.5 cents, making total payment in 2013 so far of 28 cents.
GVC shares, which have risen 55 percent over the past year, slipped 1 percent in early trade to 315p, valuing the company at around 190 million pounds.
Alexander said GVC planned to build on a market-leading position in Latin America during the World Cup in Brazil next year.
"It's the biggest event you can have for marketing a sports book," he said.
$1 = 0.6256 British pounds)
humpback321
- 27 Sep 2013 16:06
- 60 of 404
On a roll.
dreamcatcher
- 03 Oct 2013 17:51
- 61 of 404
A buy in Shares today - GVC's winning formula.
Online gambling provider GVC is to step up efforts in Latin America to capitalise on one of its biggest ever revenue opportunities the FIFA World Cup Football tournament in Brazil next summer. GVC claims to have the two biggest online sports betting brands in Latin America, Sportingbet, and Betboo.
Helping its preparatory work is news (25 Sept) that the restructuring of Sportingbet assets, acquired in March, is going better than expected. Chief executive officer Kenneth Alexander reckons the work will be done ahead of schedule, likely by year end. That leads GVC to say full year earnings will beat market expectations.
humpback321
- 03 Oct 2013 18:27
- 62 of 404
Ex/div 11/10/13, paid quarterly. A lot going for it. Great chart.
dreamcatcher
- 03 Oct 2013 19:11
- 63 of 404
A buy in IC today as well - GVC
GVC Holdings PLC (GVC:LSE)
(GVC) has always been at the riskier end of the online gaming market with a range of exposure to countries where the laws regulating the market are less than clear. The possibility of a sudden cessation in service is one reason why the gaming company has traditionally traded at huge discounts to the rest of the sector, with a dividend yield that has touched heights of over 20 per cent at certain points during the past few years. Risk, as any good gambler knows, is dependent on probabilities and, while it is true that GVC is never likely to be a widows and orphans share, the operational improvements the company has made since its acquisition of the rump of Sportingbet has opened up an interesting speculative opportunity.
Investors will be most interested in GVC's sector-beating dividend payout. This amounts to 75 per cent of its net profits and there are few companies on the market that can offer a projected yield of 9 per cent without questions arising over its prospects. It would be a pity to overlook GVC's income on that basis, but it might be advisable to diversify the shares alongside more traditional regulated bookmakers in order to leaven out the speculative risk. Buy.
3 monkies
- 03 Oct 2013 19:23
- 64 of 404
You are still doing well to what people gave for them when they went tits up so Gl.
dreamcatcher
- 03 Oct 2013 20:03
- 65 of 404
Thanks 3m, any of yours coming right yet?
3 monkies
- 03 Oct 2013 21:15
- 66 of 404
Only OPAY and that is up and down like a fiddlers elbow but at least in profit now. Nothing else 52% down overall in everything. Could take some profit out of opay but just sitting on the fence at the moment. I just think all gamers are going to fly in the not too distant future. GL
dreamcatcher
- 03 Oct 2013 21:31
- 67 of 404
Lets hope they do. Off for a weeks break tomorrow . Be looking in but not posting.
dreamcatcher
- 14 Oct 2013 16:26
- 68 of 404
Details of Dividend Payment
RNS
RNS Number : 3726Q
GVC Holdings PLC
14 October 2013
Press Release
14 October 2013
GVC Holdings PLC
("GVC" or the "Group")
Details of Dividend Payment
Further to the interim dividend announced in the Interim Results issued on 25 September 2013, GVC Holdings PLC (AIM:GVC), a leading provider of services to the online gaming industry, is pleased to announce that the dividend of 10.5€cents per share will be paid on 1 November 2013 to shareholders on the register on 11 October 2013. As is customary, the dividend will be paid in GBP. The foreign exchange rate booked against the 10.5€cents has resulted in a gross dividend of 8.816106 pence per share.
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