Finance

GVC raises 2019 EBITDA guidance as Q3 online revenues climb 12%

Ladbrokes Coral owner upgrades guidance to £670m-£680m following 16% and 8% growth in sports and gaming respectively

GVC Holdings today announced it has raised its full-year EBITDA guidance to between £670m and £680m after the Ladbrokes Coral owner reported a 12% rise in Q3 online net gaming revenue (NGR). The London-listed firm this morning revealed double-digit (11% in constant currency) NGR growth from its online business, with sports and gaming up 16%…

bwin | Finance | GVC Holdings | Kenny Alexander | Ladbrokes Coral

Latest