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GVC Holdings posted a 45 percent y-o-y rise in net gaming revenue

Tuesday July 15 ,2014 : G.V.C. REPORTS WORLD CUP BOOSTED FIRST HALF RESULTS
 
Football spectacular in Brazil does wonders for second quarter wagering.
 
Macau may be blaming the recently concluded football World Cup in Brazil for its unusually slow figures in June, but at least one online gambling group has enjoyed a contrary experience, with the spectacular football festival boosting its second quarter revenues and brightening up the half year numbers.
 
This week, UK-listed online gaming operator GVC Holdings posted a 45 percent y-o-y rise in net gaming revenue, which reached Euro 105.1 million in H1-2014, thanks to a profitable second quarter.
 
The football wagering bonanza enabled GVC to add 81,000 new online and mobile punters to its books, 35,000 of them in June alone.
 
GVC's numbers included:
 
* Record Q2 with total NGR of Euro 54.8 million -  up 11 percent on Q2-2013 and up 8.9 percent on Q1-2014.
 
* Total revenues in the six months ended 30 June 2014 of Euro 105.1 million, up 45.4 percent on H1-2013.
 
* Sports wagers: Euro 354 million, up 7 percent on Q2-2013 and 4.6 percent higher than Q1-2014
 
* Sports margin: 9.84 percent compared to 9.15 percent in Q2-2013 and 10.01 percent in Q1-2014
 
* Total NGR: Euro 602,000 per day, up 11 percent over Q2-2013 and up 8.9 percent over Q1-2014
 
* Sports NGR: Euro 297,000 per day, up 6.5 percent on Q1-2014 and up 8 percent on Q2-2013
 
* Gaming (casino etc) NGR: Euro 305,000 per day, up 8.5 percent on Q1-2014 and up 14.2 percent on Q2-2013
 
* Customer deposits topped Euro 142 million during Q2-2014, up 10 percent on the previous quarter, and up 26 percent over the prior year.
 
* 21 percent quarterly increase in new depositing punters totaling 81,000, and a 70 percent rise compared with Q2-2013.
 
Management reports that trading up to midnight on Sunday 13 July 2014, when the World Cup concluded, has continued strongly with average NGR per day of Euro 736,000, up 61 percent on the same period last year.
 
The trading over this thirteen day period was assisted by the favourable results in the latter stages of the World Cup which resulted in an aggregate sports margin percentage of 11.6 percent.
 
During this period GVC also recruited a further 11 thousand new players compared to 5 thousand in the same 13 day period last year.
 
GVC chief executive, Kenneth Alexander, said: "The World Cup has provided the foundation for additional recruitment of funded customers and the Group is now in an excellent position to continue growing strongly.
 
"This success and growth reflects the tremendous efforts from the talented and motivated staff we have at GVC, all of which have bonus plans aligned to the dividends declared to shareholders."



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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