GVC chief executive ‘delighted’ with 2015 performance
Sportingbet’s owner’s daily net gaming revenue during the opening four months of the year came in at €658,000 ($740,800), which represents an increase of 17.5% on the same period last year.
Gaming remained GVC’s main source of income after generating daily net gaming revenue of €347,000 in the period, up 19.7% from €290,000 last year.
GVC also noted that sports wagers increased 21.4% to €4.6 million in the period, although sports margin fell from 9.62% last year to 8.75% in the opening four months of this year.
“The board is delighted by the strong start to 2015 despite a lower sports margin percentage as a result of punter friendly results so far this year as has been commented upon already by a number of our peers,” Alexander said.
“The business continues to show impressive growth and we continue to remain confident for the rest of the year.”
Google Ads updates gambling policy to allow Alberta operators ahead of regulated iGaming launch
CT Interactive introduces classic-style slot 5 Chilli Fruits with 5000x max win
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Red Rock Resorts posts record quarterly revenue, flags construction impact
MGM Resorts posts record first-quarter revenue as profit slips on weaker margins
Sportsbook integration: Deploying betting widgets at scale
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Flows secures Pennsylvania Gaming Control Board authorisation
IDX selected to power 250 gaming tables with X-Trend system at the Westside Resort
PokerStars adds Prague and Aix-en-Provence, France to 2026 live schedule
