No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
GVC Holdings H1-2013 Results
Wednesday September 25,2013 : GOOD HALF-YEAR FOR G.V.C. ONLINE GAMBLING GROUP
Restructure of Sportingbet nearing completion and now profitable
Online gambling group GVC Holdings plc has posted its H1-2013 results for the six months ended 30 June 2013, along with a trading update to 22 September 2013:
Highlights for the half year included:
• Revenues increased by 144 poercent to Euro 72.3 million (H1 2012: Euro 29.6 million)
• Clean EBITDA rose by 132 percent to Euro 17.8 million (H1 2012: Euro 7.7 million)
• Restructure of Sportingbet acquisition nearing completion and now profitable
• Like–for-like revenues in H1-2013, 8.5 percent higher than H1-2012
• EBITDA for full year set to be ahead of current market expectations
Trading update highlights for the 84 day period to 22 September 2013:
• Group revenues up 249 percent to Euro 516,000 per day (Q3-2012: Euro 148,000 p.d.)
• Like-for-like revenues in Q3 up 3.4 percent on 2012 despite a significantly stronger Euro
• Sports margin percentage across all products 9.7 percent in Q3 2013 (Q3 2012: 9.1 percent)
Sportingbet plc was acquired on 19 March 2013 (see previous InfoPowa reports). Under a court approved Scheme of Arrangement, it excluded the Australian business of Sportingbet, which was acquired by William Hill. References to Sportingbet in the GVC report exclude Australia.
Commenting on the results, Kenneth Alexander, chief executive of GVC Holdings plc, said:
"The Board is pleased to report another period of solid growth, increased profitability and a further dividend for our shareholders.
"In the first half of 2013, we completed our acquisition of Sportingbet and have since been working hard to turn around this business and integrate it into the group. The execution of our strategic plan to restructure and return this business to profitability is near completion and has gone far better than expected.
"Under GVC´s leadership, revenues in the Sportingbet business have increased and by the end of 2013 the Board expects that the inherited cost base will have already been reduced by around 50 percent. The balance sheet has been completely repaired, the cash burn stopped and this business is now profitable.
"As a result, we are pleased to be able announce today our third dividend of 2013, of 10.5 Euro cents, which means that the group will have paid a total dividend of 28 Euro cents per share to shareholders in 2013."
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.