Edition:
United States

GVC Holdings PLC (GVC.L)

GVC.L on London Stock Exchange

745.00GBp
6:05am EDT
Change (% chg)

3.00 (+0.40%)
Prev Close
742.00
Open
742.50
Day's High
746.32
Day's Low
741.50
Volume
195,614
Avg. Vol
1,663,740
52-wk High
781.50
52-wk Low
524.00

Latest Key Developments (Source: Significant Developments)

GVC Holding declares second special dividend for 2016 of 15.1 euro cents
Thursday, 23 Mar 2017 03:13am EDT 

GVC Holdings Plc : Final results . Fy pro forma 1 net gaming revenue up 9 pct to eur 894.6m (+12 pct in constant currency) . Fy pro forma clean ebitda 2 up 26 pct to eur 205.7m . Fy adjusted profit before tax 3 eur 93.8m versus eur 46.4m in 2015 . Second special dividend euro 15.1c, giving total euro 30c dividends declared for fy 2016 . For q1, pro forma daily ngr up 15 pct (+16 pct constant currency) . For q1, pro forma daily sports labels ngr +18 pct (+19 pct constant currency) . For q1, pro forma daily sports labels ngr +18 pct (+19 pct constant currency) .For q1, pro forma daily games labels ngr + 6 pct (+8 pct constant currency).  Full Article

GVC holdings says signed a EUR 320 mln credit facility
Thursday, 2 Mar 2017 02:00am EST 

GVC Holdings Plc : signed a EUR 320 mln senior secured term and revolving facility comprising a eur 250 mln term loan and a eur 70 mln revolving credit facility .Has now successfully secured long-term and increased debt facilities.  Full Article

GVC Holdings sees group NGR "slightly ahead of" previous guidance
Thursday, 2 Feb 2017 02:00am EST 

GVC Holdings Plc : Repaid in full outstanding loan of eur 386 mln provided by Cerberus Business Finance . NGR per day increased by 7 pct (up 9 in constant currency) in Q4 2016 over same period in 2015 . Board now anticipates reporting pro-forma 1 group NGR for year-ended 31 December 2016 of about eur 894 mln .Slightly ahead of previous guidance.  Full Article

GVC Holdings says CFO Richard Cooper to step down; Paul Miles to succeed
Tuesday, 20 Sep 2016 02:00am EDT 

GVC Holdings Plc : Richard cooper, chief financial officer, is to step down from board, effective from February 2017 .Paul Miles, currently chief financial officer of consumer credit group Wonga, has agreed to join group in Feb. 2017.  Full Article

GVC says replaces existing financing arrangements
Tuesday, 2 Aug 2016 02:00am EDT 

Gvc Holdings Plc : Has entered into a commitment with nomura international plc ("nomura") for a replacement of gvc's existing financing . Proceeds of which are to be applied towards repayment of its secured eur 400 million term loan facility with cerberus business finance, llc . Gvc and nomura have committed to eur 250 million nomura loan with formal documentation of agreement being signed by 31 october 2016 . Balance of cerberus loan will be repaid from existing cash resources .Replacement of existing financing arrangements.  Full Article

GVC Holdings says transfers to premium listing
Monday, 1 Aug 2016 02:00am EDT 

Gvc Holdings Plc : Transfer to a premium listing .Approval by UK Listing Authority of transfer of listing category of all of its ordinary shares from standard listing segment to premium listing segment.  Full Article

GVC Holdings says trading in Q2 has been strong
Wednesday, 13 Jul 2016 02:00am EDT 

GVC Holdings Plc : Trading statement . Trading update for six month period ending June 30 2016 . Trading in Q2 has been strong with both GVC and bwin.party brands achieving double digit growth on a constant currency basis. . Q2-2016 NGR per day grew by 11 pct compared to Q2-2015 on a pro forma 2 basis, and grew by 16 pct on a constant currency basis . In Q2-2016, GVC brands grew by 24 pct and bwin.party brands grew by 12 pct pro forma 2 year on year on a constant currency basis . In H1 2016, NGR per day grew by 7 pct on a pro forma 2 basis, and 11 pct in constant currency . In H1-2016, GVC brands grew by 15 pct and bwin.party brands grew by 9 pct pro forma 2 year on year on a constant currency basis . H1-2016 total pro forma 2 NGR was 439 mln euros, up 8 pct (H1-2015: 407 mln euros) . H1 2016 NGR on a reported basis 3 was 388 mln euros up 223 pct (H1-2015: 120 mln euros) .Following positive performance reported in Q1, trading in Q2 has been strong with an acceleration in underlying NGR per day growth.  Full Article

GVC gets New Jersey licence approval in relation to Bwin deal
Monday, 13 Jun 2016 02:00am EDT 

GVC Holdings Plc : On June 9, New Jersey division of gaming enforcement issued an order concluding its preliminary investigation of GVC in connection with its acquisition of Bwin.Party . DGE determined that New Jersey licenses held by Bwin.Party shall remain valid under GVC's ownership and a transactional waiver is not needed in connection with existing New Jersey contracts .Additionally, DGE ordered termination of monitoring agreement under which Bwin.Party had been operating since acquisition by GVC.  Full Article

GVC Holdings Q2 avg pro forma revenues per day rise
Tuesday, 24 May 2016 02:01am EDT 

GVC Holdings Plc :Average group pro forma revenues per day in Q2 currently 11% up versus year ago, and 15% higher on a constant currency basis.  Full Article

GVC Holdings signs 10-year B2B platform licensing deal with Betfred
Monday, 23 May 2016 02:00am EDT 

GVC Holdings Plc :Announce that it has signed terms to licence its online sportsbook and gaming platform ("agreement" or "contract") to Betfred.  Full Article

More From Around the Web

GVC to pay second special dividend for 2016 on favourable trading, refinancing

March 23 Online gambling firm GVC Holdings said it would pay a second special dividend for 2016 on the back of strong underlying trading and favourable refinancing.