GVC Holdings saw 11% increase in their Net Revenue Gaming

By | July 17, 2016

GVC Holdings saw 11% increase in their Net Revenue GamingGVC Holdings plc, a leading online gaming operator saw an increase of 11% in their Net Gaming Revenue per day for the second quarter of the year 2016. GVC Holdings are the owner of brands like sportingbet, foxy bingo and partypoker.

According to their report, the company has done quite well in past three months of the year 2016 and gained an increase of 11% in their day to day gaming revenue from the same month of 2015.

The trading stock was submitted to the London Stock exchange and it says that the GVC Holdings plc has gained a double digit growth in the quarter 2 of 2016.

The sports wager of the company has gone up to five percent and it was almost €12,552,000, in the second quarter of the current year. It surges 9.95 to its previous record which was 7.9%, whereas total sports division of the company did really great and it surged to a whopping 29% and closes for €972,000. Meanwhile total NGR increased by eighth percent in nature and it closes for an amount €1,306,000.


Kenneth Alexander, The chief executive office of the company (GVC Holdings) said that the Euro 2016 football championship helped the company a lot and it would have been better than as well. He was very pleased by the performance of the company in the second quarter in the year 2016 and mentioned the favourable sports during Euro 2016 has been lucky for us.

He also expected that the company will not see any downfall due to the ‘Brexit’ event just happened in the United Kingdom, because the company and its products have more than 90% of their customers from outside the United Kingdom.

GVC Holdings is one of the leading sportsbetting, casino and online poker service provider in the UK, Europe and in Asia.