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Strong first half for GVC as online revenue surpasses £1bn mark

15th August 2019 8:09 am GMT

London-listed betting and gaming operator GVC Holdings has reported a 61 per cent increase in net gaming revenue to £1.81bn for the first half of 2019, buoyed the acquisition of Ladbrokes Coral Group in March of last year.

Net gaming revenue (NGR) grew by 5 per cent year-on-year on a proforma basis, with growth in the operator’s Online and European Retail businesses offsetting a decline in machines revenue in UK Retail, which was impacted by the [...]

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