London-listed gaming operator GVC Holdings has recorded a strong performance in the first quarter of the year, with net gaming revenue climbing 12 per cent year-on-year to €241.0m.

The company said in a trading update Thursday that daily net gaming revenue (NGR) hit €2.7m in the first quarter, a 13 per cent increase year-on-year or 14 per cent on a constant currency basis.

This was derived predominantly from GVC's sports betting brands, which saw daily NGR rise 16 per cent to €1.9m.

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