GVC Holdings has seen average daily wagers rise by 23 per cent quarter-on-quarter and average daily revenue climb 4 per cent in the first two months of the fourth quarter, helping the Malta-licensed operator to offset the effects of recent unfavourable sporting results.

Average wagers per day rose from €3.3m in Q3 to €4m in the fourth quarter, representing 12 per cent year-on-year growth. However, the “punter-friendly nature” of a number of sporting events did result in a reduced sports margin percentage, which declined from 9.4 per cent in Q3 to 8.2 per cent. This was offset, however, by a 4 per cent rise in average daily net gaming revenue to €536,000 per day from €516,000 in Q3.

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