Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

GVC Holdings PLC (GVC)     

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/

Flag Counter

Chart.aspx?Provider=EODIntra&Code=GVC&SiChart.aspx?Provider=EODIntra&Code=GVC&Si



William Hill closes on Sportingbet deal

by: Dominic Walsh
From: The Times
December 20, 201211:16AM

Increase Text Size
Decrease Text Size
Print














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



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."



- Ends -

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..

.
.


Email
Share

Tweet





Print
....
.

Companies:.
.
.William Hill plc
...
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.



- Ends -

dreamcatcher - 28 Oct 2013 18:25 - 69 of 404

TR-1 NOTIFICATION OF MAJOR INTEREST IN SHARES


Henderson Global Investors Above 10%









http://www.moneyam.com/action/news/showArticle?id=4694034

dreamcatcher - 14 Nov 2013 20:47 - 70 of 404

In Shares this week, One of six Garp picks, or growth at a reasonable price. Online gambling provider GVC looks cheap on 6.3 times prospective earnings for 2014

david lucas - 15 Nov 2013 08:48 - 71 of 404

Yes I read that too DC am tempted but noted all sells at 351.1 this morning. Need to do a bit of research into fundies first! I like the idea it throws off large chunks of cash.

dreamcatcher - 21 Nov 2013 18:32 - 72 of 404


Director Dealing

RNS


RNS Number : 6820T

GVC Holdings PLC

21 November 2013












21 November 2013




GVC Holdings PLC



("GVC" or the "Company")



Director Dealing



GVC Holdings PLC (AIM:GVC), a leading provider of services to the online gaming industry, announces that the Company's Non-Executive Chairman Lee Feldman purchased 10,000 ordinary shares in the Company at a price of £3.52 per share on 20 November 2013. Mr Feldman now holds 98,700 ordinary shares of €0.01 each in the Company, equal to approximately 0.16% of the total issued share capital of the Company

dreamcatcher - 04 Dec 2013 07:20 - 73 of 404


Trading Update

RNS


RNS Number : 6213U

GVC Holdings PLC

04 December 2013









Press Release

4 December 2013




GVC Holdings PLC



("GVC" or the "Company")



Trading Update



GVC Holdings PLC (AIM:GVC), a leading provider of services to the online gaming industry, notes the recent announcements made by a number of its peers in the sports betting industry on the matter of recent unfavourable sports results.



The Group's trading has held up extremely well in the first two months of Q4 2013, reinforcing the success of GVC's integration of the Sportingbet business. The sports margin was 8.2% (Q3 2013: 9.4%) despite the "punter-friendly" nature of a number of sports events.



In the first two months of Q4 2013, average wagers per day rose to €4 million per day, up 23% on the prior quarter (Q3 2013 - €3.3 million) and up 12% on October and November in 2012, on a like-for-like basis. Despite the reduction in sports margin percentage, average daily Net Gaming Revenue ("NGR") in the first two months of Q4-2013 rose by 4% to €536k per day from €516k per day in Q3 2013.



The Board of GVC therefore expects the Group's full year results to be at the upper end of analyst's current expectations. The Group anticipates that it will provide a further trading update on Q4 2013 as well as a dividend declaration on Thursday 9 January 2014.



- Ends -

dreamcatcher - 19 Dec 2013 21:12 - 74 of 404

Being touted by Panmure Gordon for good gains in 2014

dreamcatcher - 03 Jan 2014 15:35 - 75 of 404

Thursday 9 Jan trading statement
Register now or login to post to this thread.