GVC Holdings Revenues Up 13% in First Quarter

This story was published more than 6 years ago.

Internet casino giant GVC Holdings has announced their first quarter financial results, noting that revenues grew 13% when compared to the same period last year.

Key financial indicators for the period ending March 31st, 2017 were:

  • Sports NGR were up 12% from 2016, with gross win margins of 9.6%
  • Daily NGR from the group's various sportsbetting bras was up 19%
  • Revenues from Foxy Bingo, Casino Club, PartyCasino, PartyPoker, and Gioco Digitale were up 4%

Speaking about the results company CEO Kenneth Alexander said, "Comparatives will get more challenging as we move through the rest of the year, particularly in the absence of a major football tournament this summer."

The next financial results will be posted in July, with half year fiscals posted in September.

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About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.