The Latest in GVC
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Legal

GVC and Gauselmann Secure Gambling Licenses in Germany

GVC breaks ground into the German sports betting and gaming market with four landmark licenses. Others follow suit as Germany prepares to restart under the State Treaty on Gambling. Ladbrokes and Bwin Spearhead GVC’s Push in German Gambling Market Gambling behemoth GVC has become one of the first gambling operators to enter the German market […]
GVC and Gauselmann Secure Gambling Licenses in Germany
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Sports

GVC Acquires Portugal’s Flagship Betting Operator, Bet.pt

Global gaming and betting firm GVC has announced the acquisition of Bet.pt, a Portuguese iGaming and sports betting brand, for an undisclosed amount. GVC Makes an Entry into Portugal with Bet.pt Acquisition The world’s largest sports betting gaming group GVC Group has acquired one of the leading Portuguese sports betting domains, Bet.pt. The sportsbook was […]
GVC Acquires Portugal’s Flagship Betting Operator, Bet.pt
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Business

GVC Holdings Investigated by HM Revenue & Customs

GVC Holdings announced in a press release yesterday HM Revenue & Customs (HMRC) is widening the scope of its investigation into the dealings of the group related to its online gambling business in Turkey, which the owner of Ladbrokes sold in 2017. Widening the Scope of the Investigation A probe which started in November 2019 […]
GVC Holdings Investigated by HM Revenue & Customs
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Business

GVC Holdings Considers Customer Care Teams Reorganisation

GVC Holdings, the operator of Ladbrokes Coral announced it is considering a reorganization of its customer service teams, to make adjustments for the upcoming new VIP rules that will most probably be adopted by the gaming industry. The operator outlined that some of the roles are at risk of redundancy, but downsizing will be kept […]
GVC Holdings Considers Customer Care Teams Reorganisation
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Business

GVC Announces Temporary Pay Cuts, Execs Forego Bonuses

Sports betting giant GVC has implemented payment reduction and bonus cuts for the company’s high-ranking employees in a bid to help it pull through the COVID-19 outbreak. GVC Execs Opt Out of Bonuses to Support the Company GVC has announced pay cuts for high-ranking staff members. The measures will affect everyone up the command chain, […]
GVC Announces Temporary Pay Cuts, Execs Forego Bonuses
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Legal

Swedish Court Rules in TSG, Bet365 and GVC U-18 Betting Appeals

After several months, Sweden’s Administrative Court has ruled in the case of 11 appeals filed by The Stars Group, Bet365, GVC and other established sportsbooks and gaming brands, contesting Spelinspektionen’s fines related to betting on athletes under the age of 18. Administrative Court Revisits 11 Fines Issued by Spelinspektionen A Swedish court has examined 11 […]
Swedish Court Rules in TSG, Bet365 and GVC U-18 Betting Appeals
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Business

UK Government Forces Temporary Closure Of Betting Shops

Betting shops in the UK are closing down for a period of two weeks, after the latest set of unprecedented guidelines to combat the outbreak of coronavirus /Covid-19/ spread put them in the group of non-essential businesses, alongside casinos, cafes, pubs, leisure centers, cinemas, and museums, that were asked to stop operations with immediate effect. […]
UK Government Forces Temporary Closure Of Betting Shops
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Business

GVC Upgrades EBITDA After Q3 2019 Report

Despite lower results, GVC upgrades EBITDA Online gambling revenue increases Lower results due to FIFA World Cup activity in 2018 Amid a tougher regulatory climate in the United Kingdom, GVC has been able to upgrade its EBITDA prospects following its Q3 2019 report. UK Bookmakers Face Trouble, GVC Remains Strong British gambling operators are pushing […]
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Legal

GVC to Miss Parliamentary Meeting on Gambling Harm

GVC’s Kenny Alexander to miss a parliamentary gambling harm meeting MPs unhappy with an umber of cancellation UKGC and ASA bosses also miss the meeting GVC has said that former boss, Kenny Alexander, will not appear at a Gambling Related Harm All Party Parliamentary Group meeting on Wednesday, September 4. GVC to Miss Gambling Harm […]
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Sports

GVC Hands Over Football Sponsorship Assets to GambleAware

The newly received branding rights are to promote GambleAware’s Bet Regret campaign A total of 42 clubs to promote safe sports betting over England and Scotland The move entails limited exposure for gambling brands in football Early before the start of this year’s football season GVC Holdings confirm their intentions of handing over 42 sponsorship […]