Finance

GVC reports 31% revenue rise in Q4 but faces Germany questions

Operator’s strongest quarterly performance since bwin acquisition offsets regulatory concerns in Germany

GVC has reported an underlying revenue rise of 31% for Q4 driven primarily by a sports margin of 13.1%, well above the typical 9%. The strong Q4 figures, boosted by a 40%cc rise in sports net gaming revenue (NGR) is likely to result in NGR of €1,009m for the whole of 2017, an increase of 13%…

bwin.party | Finance | Germany | GVC Holdings | Kenny Alexander | Ladbrokes Coral

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