GVC reports H1 double-digit online growth to counter Covid-19 decline

FTSE 100 operator unveils impressive 22% uptick in UK online revenue despite overall gross profit dip

GVC has reported online net gaming revenue (NGR) growth of 19% for H1 2020 to £1.2bn as strong digital performance helped to offset Covid-19 retail losses. Online sports NGR rose by 5% in H1, boosted by favourable sports margins, but the real growth came in online gaming amid a 31% annual increase in NGR. The…

Coronavirus | Finance | GVC Holdings | H1 2020 | Ladbrokes Coral | Q2 2020 | Shay Segev