dave297
07 Dec 2017
Ladbroke Coral Gvc,that tiny unknown company which first came to my attention via its acquisition of Sportingbet is looking to acquire LCL to truly propel it into the big league.If the deal proceeds it is expected to be earnings accretive in year 1 ,which will be great, although it now becomes a truly big company (assuming all goes well) .GVC s success has built entirely on its online offering embracing & exploiting the revolution so its seems almost bizarre ,to me, to acquire a company with hundreds of high street stores with all the costs of property maintenance& retail staff in what must be a declining market & I can only assume that Kenny will be planning a substantial reduction in the Estate.Interesting to see how the Market reacts but this acquisition may signal my exit.
claude reins
14 Nov 2017
Re: uk Thanks for that.Any idea on the Other composition.Presumably the Turkey will go with the sale, so that is 10% down. Hope thye have a good idea where they are going to make it up, although they must have had separate concerns about Turkey going forwqard regardless.
Bowman
13 Nov 2017
Re: uk According to page 21 of the Interim Report, UK accounted for 10.3% of total revenues.[link]
madmogul
13 Nov 2017
uk anyone know how much of their revenue/profit is UK derived?MM
claude reins
03 Nov 2017
Re: RNS today Yes, GVC is very much on the up trend. I guess that this will more thna cover the earnings from the sale of the Turkish end of the business. I am happy that they are not in what must be a continuing volatile Turkish business situation right now. The 150m paid in monthly instalments will be a nice little addition to revenue for general business purposes eg marketing etc. Still much growth I believe in this one.
dave297
02 Nov 2017
RNS today Another great RNS moving us further into Regulated Markets & further away from the uncertainties of unregulated markets.Additionally a brief trading update suggests that our growth is accelerating after recent strong performance.
badger
31 Oct 2017
FOBT report ranges max stake cut from £100 to £50 with lower options available too. Gov to consult for a further 12 weeks. It also mentions that the UK online market is worth £4.5 billion per year, so a Ladbrokes deal seems attractive.
badger
17 Oct 2017
dave249, from their 2016 Annual report - the UK market is just under £6billion, around the same size as the rest of Europe added together. The next biggest EU market is Germany at just under £1.5billion.
Joatmon
12 Oct 2017
Excellent trading update results "GVC Holdings PLC (LSE:GVC), the multinational sports betting and gaming group, is pleased to announce Q3 KPIs for the period to 30 September 2017.Key highlights Q3 2017 vs Q3 2016:Group daily NGR up 10% (+13% constant currency)Underlying1 daily NGR up 18% (+21% constant currency)Sports Brands daily NGR up 11% (+14% constant currency)Games Brands daily NGR up 15% (+17% in constant currency)................."
dave297
12 Oct 2017
Trading Update We continue to perform very well which is likely to result in a dividend increase & a strengthening SP , notwithstanding any adverse affects of Regulatory changes.I am not sure whether I want us to merge with Ladbroke/Coral as I cannot see why we would need a retail presence on the High Street-although Kenny may have a cunning plan to hive that business off into a separate entity or immediately dispose of it.The future is clearly online !
Welsheagle
21 Sep 2017
Ex-dividend today No panic - Ex dividend today
JStandMick
14 Sep 2017
Re: Finals Today Dot,You will have been offered 25p for each BWIN share held plus 0.231 shares in GVC though there was a mix and match deal available. I suggest you contact whoever you bought the BWIN shares through for clarification.Hope this helps.Mick
Dot Waudby
14 Sep 2017
Re: Finals Today Would you help me please? I had bwin and cannot put my hand on the paperwork so I don't know whether I am in profit with GVC. I am not a big dealer, just a few here and there.Thank you.Doroth
dave297
14 Sep 2017
Finals Today Impressive growth,substantial cost synergies(£125mill) following our acquisition of Bwin by the end of 2017,growth exceeding expectation so far this year,decent interim dividend-what is not to like ?
charlie51
25 Aug 2017
Re: A Steady rise this week - more proba... Only difference is that mine has been proved more accurate.
