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

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)

Strategic Investment in Scandinavia

RNS


RNS Number : 0358H

GVC Holdings PLC

14 May 2014











Press Release

14 May 2014




GVC Holdings PLC



("GVC" or the "Group")



Strategic Investment in Scandinavia



GVC Holdings PLC (AIM:GVC), announces that it is entering into a joint venture agreement with Betit Securities Limited ("BSL") via a new company known as Betit Holdings Limited ("Betit") in pursuance of its stated objective to make investments and acquisitions whilst not impeding the level of its current dividend.



GVC's upfront commitment is an initial €3.5 million out of free cash flow for a 15 per cent share in the joint venture and is dependent on the granting of approval by the Lotteries & Gaming Association of Malta ("LGA"). GVC will be taking a seat on the board of Betit.



GVC has a call option to acquire the balance of the outstanding shares. The call option can be exercised no earlier than 1 July 2017 and no later than 30 September 2017, and would be subject to further LGA clearance and the AIM Rules. The minimum call option price is €70 million, and the actual price would be determined by the mix of revenues between regulated and non-regulated markets and certain multiples attaching thereto which at our current multiple levels would lead to the transaction being accretive for shareholders.



If GVC decides not to exercise its call option then BSL may require GVC to acquire its shares in Betit at a price determined by the mix of revenues between regulated and non-regulated markets and certain multiples thereof (but absent any floor on the price). Completion of this purchase would be subject to certain conditions including GVC's ability to raise the necessary financing. Should GVC fail to raise the required financing, BSL may acquire GVC's shares in BHL for nominal consideration.



Betit and its management team
BSL is majority owned by Optimizer Invest Ltd, a venture capital business owned and operated by iGaming veterans Henrik Persson, Andre Lavold and Mikael Harstad. Together they have been a part of launching and growing a number of high-value profitable companies including; Nordic Gaming Group, Betsafe.com and BestGames Holdings.



Strategic rationale

The joint venture agreement provides GVC with a strategic entry point into the dynamic and expanding Scandinavian gaming markets in which, to date, GVC and its key brand Sportingbet have had no significant presence. Should the call option be exercised, GVC will have further diversified the Group's geographic revenue mix.



According to estimates by Svenska Spel, the Swedish state-owned gambling company, online gaming turnover in Sweden alone topped SEK 6.2 billion (€750 million) in 2013.



Betit commenced operations in December 2013 and has already achieved average daily revenues in excess of €40k and has around 1,600 players per day.



Betit operates the brands Thrills.com and Superlenny.com and since it started trading has grown rapidly to a team of 60 employees. With a clear focus on product usability, design and service, both Thrills.com and Superlenny.com have seen unparalleled growth in the Nordic markets.



Commenting on the strategic investment, Kenneth Alexander, Chief Executive of GVC Holdings plc, said: "GVC's commitment to expansion without undermining the current level of dividend is represented in this investment. The lucrative Scandinavian market has been on our radar for some time and we are delighted to be working with the entrepreneurial team at Betit who have a proven track record in the Scandinavian egaming markets, and have already grown the business from a standing-start five months ago to generating revenues of over €40k per day now. By entering into this joint venture, we believe that GVC can diversify its revenue streams and significantly enhance the future dividend prospects and valuation of the Group for a minimal initial outlay and is similar to what has been achieved through GVC's Betboo acquisition in Latin America."



- Ends -

GVC Holdings: Panmure Gordon increases target price from 410p to 480p and keeps a buy recommendation.

Heading to 500p I reckon.

Naked trader likes them as well mitzy.

So I understand dc.

Cheap at £5 he says. :-))

Strategic Investment approved by Maltese LGA

RNS


RNS Number : 3296I

GVC Holdings PLC

29 May 2014











Press Release

29 May 2014




GVC Holdings PLC



("GVC" or the "Group")



Strategic Investment approved by Maltese LGA



Further to the announcement made on 14 May 2014, GVC Holdings PLC (AIM:GVC) is pleased to announce that Betit Holdings Limited ("Betit"), the joint venture company that the Group has established with Betit Securities Limited ("BSL"), has now been granted approval by the Lotteries & Gaming Association of Malta ("LGA"). Following LGA approval, GVC has now made its upfront commitment of €3.5 million to Betit.



- Ends -

The naked Trader today - And GVC (LON:GVC), what a great trade that is turning out to be, that has continued with its upward climb with capital rising and a magnificent dividend too. It's been rising steadily for some time and seems to be no stopping it for now, great profits building.

Shares - Online gambling GVC is popular among retail investors for its generous quarterly distributions and while a prospective 8.5% yield would normally look too good to be true, the company insists the high cash-generative nature of its business, limited capital expenditure requirements and transparent accounting means the dividend yield is believable.

H1 and post World Cup Trading Update

http://www.moneyam.com/action/news/showArticle?id=4848871

GVC Holdings: Daniel Stewart increases target price to 505p and retains a buy recommendation

Notice of Interim Results

RNS


RNS Number : 3237R

GVC Holdings PLC

11 September 2014











Press Release

11 September 2014




GVC Holdings PLC



("GVC" or the "Group")



Notice of Interim Results



GVC Holdings PLC (AIM:GVC), the multinational sports betting and gaming group, today announces that the Group will announce it Interim Results for the six months ended 30 June 2014 on Monday, 22 September 2014.



- Ends -

Interim Result
22 Sep 14 GVC Holdings Plc [GVC]

Interim Results and Q3 Trading Update

GVC Holdings PLC (AIM:GVC), the multinational sports betting and gaming group,today announces its Interim Results for the six-months ended 30 June 2014 together with its quarterly dividend and a special dividend.

Dividend

• Quarterly dividend of 12.5 €cents (2013: 10.5 €cents)
• Additional special dividend of 2.5 €cents (2013: nil)
• Total quarterly dividend is 15 €cents, up 43% on same quarter last year (2013: 10.5 €cents)
• Cumulative dividends payable in calendar year 2014, 55 €cents. Total up 96% over prior year (2013: 28 €cents)

Financial highlights

• Wagers up 38% to €694 million (H1-2013: €502 million)
• Sports margin 9.9% (H1-2013: 10.3%)
• Net Gaming Revenue ("NGR") up 44% to €105 million (H1-2013: €73 million)
• Contribution up 25% to €57 million (H1-2013: €46 million)
• Clean EBITDA up 26% to €22.4 million (H1-2013: €17.8 million)
• Strong start to Q3-2014: trading per day, at €628k is 20% higher than Q3-2013 (€523k)

Operational metrics

• A leading operator of in-play markets with over 4,000 concurrent markets
• A market leading sports-trading team generating 10% margin
• Current number of active customers up 22% on prior year
• New depositing customers, 56k in Q3-2014,up 30% on Q3-2013
• Deposits up 22% on Q3-2013
• Enhancement of mobile product and sportsbook planned for 2015
• In-play generating 70% of sports gross margin
• Mobile generating 22% of sportsbook revenues

Commenting on the results, Kenneth Alexander, Chief Executive of GVC Holdings plc, said: "GVC operates in numerous markets in both casino and sports betting and as a group is well diversified and highly cash generative. GVC is now in a very strong position with exciting growth prospects as we continue to develop our market leading in-house sportsbook and mobile platform. The Group remains highly confident for the outcome of this current financial year and this confidence is reflected in the enhanced dividend that we have announced today."

- Ends -

Great chart, great dividend, great share!

My best ever share.