GVC Holdings Announce 10% Revenue Growth In First Half Of 2017

GVC Holdings Announce 10% Revenue Growth In First Half Of 2017 Image

GVC Holdings has seen a 10% year on year increase in net gaming revenue (NGR). The revenue growth is relative to the the six month period, up to June 30th 2017. Total NGR for the group was €484.4m while the figure for the same period last year was €441.8m.

Daily NGR was up 10% to €2.7m across the entire group. This is broken down to a 5% increase in daily sports NGR to €947,000 and a 17% jump in daily gaming NGR to more than €1m.

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Remarkable Start To 2017 For GVC

It’s been a remarkable first half of the year for GVC and chief executive Kenneth Alexander spoke positively of the findings.

“The group continues to perform well with positive momentum across our core businesses. Achieving Q2 constant currency NGR growth of 10% in the absence of a major football tournament is particularly pleasing.”

GVC Holdings

A number of leading sportsbook and gaming brands are operated by GVC Holdings. This includes the likes of bwin and Sportingbet, two of the big-hitters in the sports betting industry. Others include; Betboo, Gamebookers, Party Poker, Party Casino, Casino Club, Gioco Digitale, Foxy Bingo and Foxy Casino.

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