London-listed gaming operator GVC Holdings has recorded a net loss of €84.2m for the first half of 2016 on significantly higher costs, mostly as a result of its bwin.party acquisition.
Net gaming revenue (NGR) soared by 223 per cent year-on-year to €390.6m, including results from bwin.party from February 1st of this year, with the German and Turkish markets representing more than a third of the total.
GVC said that it made significant operational and strategic progress in H1, and [...]