Strategy

GVC to remain in Canada as NGR impact of new sustainability pledge plummets

Regulatory movement in Ontario sees 2021 EBITDA damage halved as operator prepares to withdraw from Norway

GVC last week unveiled a new sustainability charter and promised to generate 100% of net gaming revenue (NGR) from regulated markets by the end of 2023. The FTSE 100 operator’s NGR mix from “regulated or regulating” markets currently stands at 96%, with that figure set to rise to 99% by the end of 2020. “These…

Canada | Entain | Finance | GVC Holdings | Norway | Regulation | Strategy

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