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 a 5 per cent decline in the UK Retail business to £664.6m.

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