London-listed betting and gaming operator GVC Holdings has reported a 7 per cent increase in group revenue for the first 20 weeks of 2018, benefiting from double digit growth from its legacy GVC and newly-acquired Ladbrokes Coral online businesses.

Having completed the acquisition of Ladbrokes Coral Group on March 28th, GVC said that the company has enjoyed a good start to the year, despite the impact of adverse weather on its UK retail business.

For the 20-week period ended May 20th, UK Retail net gaming revenue (NGR) fell by 5 per cent year-on-year, although this was offset by growth of 17 per cent from the Online channel.

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