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United Kingdom

GVC Holdings PLC (GVC.L)

GVC.L on London Stock Exchange

628.00GBp
22 Feb 2019
Change (% chg)

-15.00 (-2.33%)
Prev Close
643.00
Open
641.00
Day's High
654.00
Day's Low
628.00
Volume
3,062,225
Avg. Vol
3,156,861
52-wk High
1,184.00
52-wk Low
606.00

Latest Key Developments (Source: Significant Developments)

GVC Sees FY Proforma Underlying EBITDA Ahead Of Market Consensus
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - GVC Holdings PLC ::GROUP EXPECTS FULL YEAR 2018 PROFORMA UNDERLYING EBITDA TO BE IN RANGE OF £750M-£755M, AHEAD OF CURRENT MARKET CONSENSUS.SEES FY UK RETAIL LIKE-FOR-LIKE NGR -3%.SEES FY TOTAL GROUP NGR +9%.Q4 GROUP NGR +5% WITH ONLINE NGR +15%.  Full Article

GVC Notes UK Government Enacted Cut In B2 Gaming Machine Maximum Staking Levels
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - GVC Holdings PLC ::£2 FOBT LIMIT FORMALLY ENACTED BY UK GOVERNMENT.GROUP NOTES THAT UK GOVERNMENT YESTERDAY ENACTED CUT IN B2 GAMING MACHINE MAXIMUM STAKING LEVELS TO £2.ENACTMENT OF LAW CUTTING STAKES TO £2 RESULTS IN EACH CVR ISSUED FOR ACQUISITION OF LADBROKES CORAL GROUP, BEING VALUED AT 0 PENCE.GROUP THEREFORE EXPECTS TO BE IN A POSITION TO ANNOUNCE CANCELLATION OF CVRS ON OR AROUND 7 JANUARY 2019.  Full Article

GVC Holdings To Buy Neds International For An Initial AUS$68 Mln
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - GVC Holdings Plc ::ACQUISITION OF NEDS INTERNATIONAL FOR AN INITIAL AUS$68 MLN (C£37 MLN).PROPOSED DEAL FOR TOTAL MAXIMUM CONSIDERATION OF UP TO AUS$95 MLN (C£52 MLN) .ANTICIPATED SYNERGIES FROM COMBINING RESPECTIVE OPERATIONS ARE AUS$C16 MLN ON AN ANNUALISED BASIS AND FULLY REALISED IN 2021.ACQUISITION IS EXPECTED TO BE EARNINGS ACCRETIVE FROM 2020.  Full Article

The Capital Group Companies Raises Stake To 13.03 Pct From 12.10 Pct In GVC
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - GVC Holdings PLC ::THE CAPITAL GROUP COMPANIES RAISES STAKE TO 13.03 PERCENT FROM 12.10 PERCENT IN GVC HOLDINGS PLC - FILING.  Full Article

GVC Holdings Appoints Pierre Bouchut As Independent Director
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - GVC Holdings PLC ::APPOINTMENT OF A NEW INDEPENDENT DIRECTOR.APPOINTMENT TODAY OF PIERRE BOUCHUT TO GVC'S BOARD OF DIRECTORS AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR.  Full Article

GVC Announces Joint Venture With MGM Resorts For U.S. Venture
Monday, 30 Jul 2018 

July 30 (Reuters) - GVC Holdings PLC ::JOINT VENTURE WITH MGM RESORTS INTERNATIONAL.ESTABLISHMENT OF A 50/50 JOINT VENTURE WITH MGM RESORTS INTERNATIONAL.VENTURE WILL ESTABLISH A SEPARATE HEADQUARTERS TO BE LOCATED IN A MAJOR U.S. TECHNOLOGY HUB.VALUE OF GROSS ASSETS OF JOINT VENTURE IS US$200 MILLION.GVC SHALL SATISFY CONSIDERATION IN RESPECT OF JOINT VENTURE TRANSACTION WITH CASH FROM ITS EXISTING BALANCE SHEET.THERE ARE NO PROFITS ATTRIBUTABLE TO ASSETS OF JOINT VENTURE.  Full Article

The Capital Group Companies Discloses 10.026 Pct Stake In GVC Holdings
Wednesday, 25 Jul 2018 

July 25 (Reuters) - GVC Holdings PLC ::THE CAPITAL GROUP COMPANIES INC DISCLOSES 10.026 PERCENT STAKE IN GVC HOLDINGS PLC VERSUS EARLIER STAKE OF 5.069 PERCENT.  Full Article

Eml Payments Unit Entered Agreement With Gvc Holdings PLC
Sunday, 1 Jul 2018 

July 2 (Reuters) - Eml Payments Ltd ::UNIT ENTERED AGREEMENT WITH GVC HOLDINGS PLC FOR PROVISION OF BRANDED RELOADABLE CARDS FOR EUROPEAN ONLINE GAMING BRANDS.  Full Article

GVC Says For Jan 1 To May 20, UK Retail LFL Net Gaming Revenue down 5 pct
Friday, 25 May 2018 

May 25 (Reuters) - Gvc Holdings Plc ::TRADING UPDATE AND HISTORIC PRO FORMA FINANCIALS.ANNOUNCES A CHANGE IN REPORTING CURRENCY TO STERLING, EFFECTIVE IMMEDIATELY, HAVING PREVIOUSLY REPORTED IN EUROS.DOUBLE-DIGIT ONLINE NGR GROWTH CONTINUES, +18% IN CONSTANT CURRENCY FOR PERIOD 1 JANUARY TO 20 MAY 2018.FOR JAN 1 TO MAY 20, UK RETAIL LIKE-FOR-LIKE NET GAMING REVENUE -5% IMPACTED BY ADVERSE WEATHER.FOR JAN 1 TO MAY 20, EUROPEAN RETAIL NGR +32% (+28% CC) BOOSTED BY A STRONG PERFORMANCE FROM EUROBET.FOR JAN 1 TO MAY 20, TOTAL GROUP NGR +7%.COST SYNERGIES FROM LADBROKES DEAL UPGRADED TO AT LEAST £130M (FROM £100M) BY 2021.FOR JAN 1 TO MAY 20, GAMES BRANDS NGR +16% (+18% CC).EXPECT TO RETAIN A PROFITABLE AND HIGHLY CASH GENERATIVE UK RETAIL ESTATE.GVC AND PLAYTECH PLC ARE IN DISCUSSIONS TO UPDATE EXISTING SERVICES AGREEMENT BETWEEN TWO COMPANIES.  Full Article

Ladbrokes Says Clear That Stake Cuts Will Fail To Address Issue Of Problem Gambling
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Ladbrokes Coral Group Plc ::RESPONSE TO TRIENNIAL REVIEW £2 STAKE SPECULATION.‍NOTES STORIES IN PRESS THAT SPECULATE THAT SECRETARY OF STATE FAVOURS A £2 STAKE AS OUTCOME OF TRIENNIAL REVIEW CONSULTATION​.‍"WE ARE VERY CLEAR THAT STAKE CUTS WILL FAIL TO ADEQUATELY ADDRESS ANY ISSUE OF PROBLEM GAMBLING"​."WE WILL CONTINUE TO MAKE CASE FOR A SENSIBLE MEASURED, EVIDENCE LED AND PROPORTIONATE RESPONSE TO PUBLIC CONCERN".  Full Article

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