Finance

GVC revenues up 12% for H1 due to strong sports performance

Operator’s half year results ahead of analyst forecasts as EBITDA rises 28%

GVC Holdings has announced a 12%cc year-on-year increase in net gaming revenues to €486.2m for H1 primarily driven by its sports brands. Clean EBITDA was up 28% pro forma to €134m from €91m in the same period in 2016. GVC’s sports brands reported NGR up 11% to €355m according to analysts, with margins at a…

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