London-listed GVC Holdings has reported a 223 per cent increase in net gaming revenue to €388m for the first half of 2016, driven by growth across the operator’s proprietary brands and the newly-acquired bwin.party business.
The company said that it benefited from a strong second quarter, helped by increasing betting volumes and favourable sports results during Euro 2016.
On a pro forma basis (as if bwin.party had been acquired January 1st 2016), net gaming revenue (NGR) rose 7 [...]