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GVC proposes 3rd interim dividend after “transformational” year

9th January 2014 9:45 am GMT

AIM-listed online gaming operator GVC Holdings has announced that it will pay out a third interim dividend for the full year ended December 31st, reflecting the company’s confidence in its current trading and future prospects.

GVC said that 2013 was a “transformational” year for the company following the acquisition and successful integration of Sportingbet, a reduction in the inherited cost base of around 50 per cent, as well as growth in its inherited revenues.

Net gaming revenue [...]

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