Tag Archives: GVC Holdings
Germany – EGT Interactive expands partnership with GVC into the German market
EGT Interactive has strengthened its presence in the German iGaming market with its long-term partner GVC, expanding upon existing collaborations in Belgium and Georgia. Under the partnership terms, the provider’s content will be available on seven of the most popular GVC brands such as bwin.de, bpremium.de, slotclub.de, sportingbet.de, partyslots.de, partypoker.de and ladbrokes.de. The online operator’s…
US – GVC and BetMGM partner with Conscious Gaming to advance responsible gaming solution
Conscious Gaming has announced GVC Holdings as an official partner of PlayPause, a recently launched multi-state responsible gaming tool in the United States. PlayPause will launch with BetMGM, GVC’s U.S. based joint venture with MGM Resorts. PlayPause is designed to modernise and strengthen the effectiveness of the U.S. gaming industry’s responsible gaming programmes. The solution…
UK – GVC rebrands to Entain as part of sustainability, growth and innovation strategy
GVC Holdings is to be renamed Entain to reflect the group’s ‘ambition to be the world-leader in sports betting and gaming entertainment’, subject to shareholder approval. The rebrand comes as part of a range of targeted initiatives including a fresh corporate identity, a commitment to operating solely in regulated markets and new technology-driven customer protection….
UK – GVC estimates £37m hit from enforced store closures
GVC Holdings has provided an update regarding the impact of enforced store closures across UK and European retail as a result of further restrictions due to Covid-19. The estimated EBITDA impact of currently required retail closures is £27m in the UK and £10m in Europe, totally £37m across the group. The estimated EBITDA impact if…
US – Detroit Red Wings renew and expand BetMGM partnership
The Detroit Red Wings have renewed and expanded their strategic partnership with BetMGM, a market-leading sports betting and gaming platform joint venture between MGM Resorts International and GVC Holdings. “We’re thrilled to expand our relationship with BetMGM,” said Peter Kent, Detroit Red Wings Senior Vice President of Corporate Partnerships. “We’ll continue to work together to…
US – BetMGM unveils new Parlay Builder in expanded Genius Sports deal
BetMGM, the US-facing brand of a joint-venture between MGM Resorts International and GVC Holdings, has extended its partnership with Betgenius to launch Parlay Builder, an exciting same-game-parlay product for US sports. Offering players unmatched bet selections across NFL, NBA and all major soccer leagues – with MLB and NHL added soon – Parlay Builder will…
Germany – GVC awarded four sports betting licences in Germany
GVC Holdings has been awarded four sports-betting licences for the bwin, SportingBet, Ladbrokes and Gamebookers brands to enable each of them to offer sports-betting products to customers across Germany. The licence terms include wagering limit of €1,000 euros per month that can be increased to €10,000 subject to certain criteria being met as well as…
US – GVC Holdings reports ‘continued momentum’ across the group
GVC Holdings has announced that group net gaming (NGR) revenue was up 12 per cent on last year in its Q3 trading report. Reporting ‘continued momentum’, online NGR grew 26 per cent, with market share gains in all major territories. Online gaming volumes remain ahead of pre-COVID-19 levels alongside online sports wagers, largely driven by…
Germany – GVC commends ‘long-awaited clarity’ following introduction of transitional policy
GVC Holdings has welcomed the introduction of the transitional period tolerance policy (“Tolerance Policy”) in Germany. On 10 September the 16 Lander (German federal states) confirmed that they had agreed to a transitional tolerance policy for the period ahead of the implementation of the Interstate Treaty 2021 (“Interstate Treaty”). The introduction of the policy effectively…
