London-listed gaming operator GVC Holdings has reported a 10 per cent increase in net gaming revenue to €243.5m for the third quarter of 2017, despite the corresponding period last year including the final stages of the Euro 2016 football tournament.

Excluding Euro 2016 and the recently disposed Kalixa business, GVC’s underlying revenue growth was 18 per cent and 21 per cent in constant currency.

"Underlying growth in Q3 represents the highest rate achieved since the acquisition of bwin.party in February 2016,” said chief executive Kenneth Alexander. “The quick wins made in 2016 have been supplemented by further and continuous improvements across all areas of the business.”

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