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GVC swings to profit after strong first half performance

13th September 2018 9:25 am GMT

London-listed betting and gaming operator GVC Holdings has reported an 8 per cent increase in net gaming revenue (NGR) to £1.72bn for the first half of 2018, following continued strong momentum in its Online and European Retail businesses.

On a proforma basis (combining Ladbrokes Coral’s results from January 1st 2017), NGR from Online grew 18 per cent to £895.4m, while European Retail NGR was up 29 per cent to £134.1m. This offset [...]

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