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GVC upgrades full-year EBITDA guidance on strong Online performance

9th October 2019 6:53 am GMT

London-listed gaming operator GVC Holdings has reported a 1 per cent decline in group net gaming revenue for the third quarter of 2019, as solid growth in online gaming and sports betting was offset by falling revenue in retail.

Online sports betting posted the strongest growth as net gaming revenue (NGR) climbed 16 per cent year-on-year, despite the contribution from the FIFA World Cup a year ago, with growth slipping to 15 [...]

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