Finance

GVC reports strong online growth amid £30m cost savings on LCL deal

UK operator reveals an 18% uptick in H1 online revenues and gains market share in all territories

UK gambling giant GVC Holdings has reported an 8% year-on-year increase in H1 2018 net gaming revenue (NGR) to £1.7bn. Underlying operating profits were also up 17% to £278m as EBITDA rose by 11% at £349.5m, with the operator reporting “good momentum” in online and market share gains in all territories. Online NGR increased by…

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

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