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GVC Annual net gaming revenue increase of 24 percent

Monday January 12,2015 :  STRONG YEAR END FOR GVC IN TRADING UPDATE

Annual net gaming revenue increase of 24 percent

Internet gaming firm GVC Holdings PLC delivered a rewarding unaudited trading update for the year ending December 31, 2014 Monday.

Unaudited key performance highlights for its Q4/2014 period ending December 31, 204 include:
Net Gaming Revenue for the month of December 2014 exceeded Euro 20.3 million, 17 percent up on the same period 2013.
Q4/2014 Net Gaming Revenue came in at Euro 59.4 million, 22 percent up on Q4/2013.
Sports wagers exceeded Euro 400 million during Q4/2014, an all time high for the firm which equated to an  11 percent increase on Q4/2013 and a 9 percent increase on Q3/2014.
Sports margin of 9.1 percent (Q4/2013: 8.4 percent)
Net Gaming Revenue for the year was Euro 224.6 million, up 23 percent on 2013 with sports margins of 9.8 percent.
GVC confirmed a strong start to 2015 with exceptional sports margins leading to a third interim dividend of 12.5 €cents per share, an increase of 8.7 percent on 2014 (11.5€cents).

Deposits in the first eight days of 2015 compared to the same period last year have grown 22 percent, sports wagers 9.7 percent and produced a sports margin of 12.8 percent. 

Net Gaming Revenue amounts to Euro 779 000 compared to Euro 534 000 in the first eight days of 2014.

Kenneth Alexander, Chief Executive of GVC Holdings plc, said in a company statement:  “2014 has been an exciting and successful year with the Group now in a strong position to further its growth.

“The continued success and growth of the Group is a result of the tremendous efforts from the talented and motivated staff we have at GVC, all of which have bonus plans aligned to the level of dividends paid to shareholders."



Gambling News :

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

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NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

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