Wednesday, March 29, 2023

Tag: Lee Feldman

GVC posts 18 percent online growth as regs hit retail

GVC Foxy Bingo
In its last trading update before the new FOBT stake comes into play, Ladbrokes parent company, GVC, has posted a promising doubledigit lift in online..

GVC to review boardroom pay following report

BBi - GVC pay
A move to reappraise directors pay at GVC Holdings comes after a recently announced near doubling of its share price driven by a number of successful acquisitions.   GVC Holdings is to review boardroom pay with an independently-led committee after investors were divided in voting for the company’s remuneration report. The annual remuneration report, which sets out the online gambling company’s executive...

GVC merger with Bwin drives surge in growth

Betting Business GVC
Consolidation with Bwin has led a surge in earnings for SportingBet and FoxyBingo owner the GVC gaming group, leading the company to adjust its annual profit guidance.   According to interim financials published by GVC, the company’s profit more than doubled in the six months ended July 30  – from E21.8m to E51.3m, with a concurrent 8 per cent growth in revenue...