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

Thanks 3m. Not a good day today stock wise, a lot falling.

Cheers DC.

UK management seem switched on ... they banned me :-)

Should be a good year for the bookies with the World Cup coming.

?

Why

Trading decision they said ... industry speak for we don't want your sort here cos we don't like arbers and people taking the pee out of our offers.

oh :-))

Trading Update and Dividend Declaration

http://www.moneyam.com/action/news/showArticle?id=4736146

LISTEN: GVC Holdings Plc - Trading update and dividend declaration

Click here to listen

They seem to be doing a good job , even banning me was probably the right decision :-)

I like nice quiet threads like this.

GVC Holdings PLC (GVC:LSE) set a new 52-week high during today's trading session when it reached 402.40. Over this period, the share price is up 48.89%.

It's since the tw*ts banned me :-)

Even from owning the shares ? :-))

Another good day for you on here BDEV., GWP also OPAY. my friend is not breaking even on gvc yet but doubled on gwp also doubled on bdev and I am doing nicely with opay, so things are looking up. Taken long enough. gl

Edison - Having rapidly assimilated the Sportingbet business, GVC’s earnings and dividends are set to rise strongly in 2014. Management has indicated that it is keen to consider further acquisitions that would potentially deliver strong additional synergies. An aggressive dividend payout policy (75% of net cash generated) puts the shares on a 9.9% yield for 2014e, which is highly attractive for those prepared to accept an above average exposure to unregulated online gaming market

The Sportingbet acquisition in 2013 and Turkish B2B deal in 2011 have dramatically increased the scale and diversification of GVC’s business, with 2013e EPS over three times the 2011 level. The deals have both been extremely earnings enhancing. The acquisition means that GVC no longer has to pay a B2B earn-out to Sportingbet, while it is six months ahead of schedule in cutting costs and returning it to profit. The full benefits will come through in 2014, which should also be boosted by the FIFA World Cup in Brazil, where GVC is now the leading online operator.
Strong cash generation underpins rising dividends
The structure of the Sportingbet deal (funded in shares and with a £36.5m capital contribution from William Hill) means that GVC’s cash position has remained very sound (end-2013e free cash of €9.0m versus €6.6m at end 2012). GVC has just released a positive trading update for 2013 and the successful turnaround of Sportingbet underpins our estimate of a further 25% EBITDA growth in 2014e, to €47.0m. Cash conversion is very strong, with estimated net cash generated of €38.0m in 2014e. GVC has already declared 32.5c of dividends in respect of 2013 and we expect a total of at least 44.0c for 2013, rising to 47.0c for 2014e.
Valuation: Attractive yield counters regulatory risks
GVC predominantly operates a dot.com business model and its higher than average exposure to unregulated markets (particularly Turkey) gives it an above average risk profile. The 2014e P/E of 7.0x and EV/EBITDA of 5.9x compares with a peer group average of 13.2x and 9.4x respectively. However, some quoted peers such as Betsson and bwin.party also have sizeable unregulated income streams. Narrowing the discount to 20-25% suggests a share price of 465-495p. For investors prepared to accept the regulatory profile, the high yield and strong cash flows should be very attractive.

Ex div 3 Feb 9.58p

Preliminary Results and Trading Update

RNS


RNS Number : 3698E

GVC Holdings PLC

09 April 2014











Press Release

9 April 2014




GVC Holdings PLC



("GVC" or the "Group")



Preliminary Results and Trading Update



GVC Holdings PLC (AIM:GVC), the multinational sports betting and gaming group,today announces its Preliminary Results for the year ended 31 December 2013 and a Trading Update for its first quarter to 31 March 2014.



Highlights


•

Total Proforma Revenues* increased by 69% to €180.6 million (2012: €107.1 million)


•

Clean EBITDA** rose year-on-year by 148% to €38.3 million, ahead of upgraded market expectations


•

Sportingbet turnaround complete and contributed €4.7 million to 2013 EBITDA


•

EPS (normalised and non-diluted) rose 83% to 58.6 €cents (2012: 32.1 €cents)


•

Quarterly dividend - 11.5 €cents declared plus a special dividend of 4.5 €cents also declared


•

Total dividends declared for 2013 up 120% to 48.5 €cents (2012: 22.0 €cents)


•

Current trading at record levels, NGR exceeded €50 million for Q1 (Q1 2013: €35.6 million)


•

Complex acquisition capabilities proven and GVC looking at a variety of further opportunities




* Assumes revenues from East Pioneer Corporation consolidated from 1 January 2013 to 19 March 2013

** Earnings before interest, taxation, depreciation, amortisation, share option charges and exceptional items



Commenting on the results, Kenneth Alexander, Chief Executive of GVC Holdings plc, said: "Executing the complex acquisition and turnaround of Sportingbet has been a milestone for GVC and has led to greater geographical diversification and a significant increase in profits and dividends. We are now ready for the next stage in our corporate development and further geographic expansion through organic growth and acquisitions. GVC aims to deliver this without diluting the dividend. The Board is confident of meeting current market expectations for the 2014 financial year as underpinned by our proposed dividend of 16 €cents total."



- Ends -

Exceptional results. Special dividend, ex/div 25/4. Paid 19/5. Dividend paid quarterly. World cup in June will generate extra business. Missed and overlooked by the market, I can see this going a lot higher.

Shares - Having proved it has the skills to buy and fix troubled businesses, online gambling operator GVC says it is ready to make another acquisition. A repeat of the re-rating it enjoyed from buying Sportingbet assets in March 2013 looks plausible.

Ex dividend -

23 Apr 2014 GVC Holdings Plc (0.2 EUR)