Business
GVC is an online gambling group with headquarters on the Isle of Man, and has a c.£2bn market cap. It is the third largest European online operator behind Bet365 and Paddy Power-Betfair. The group offers a range of casino (40%), sports betting (41%), poker (8%) and bingo (6%) products and trades under a number of brands, including Bwin, Sportingbet, Partypoker and PartyCasino. Additionally, it provides B2B services to third-party online gaming operators.
In February 2016, it acquired ....
20 Dec 2016
We initiate coverage of GVC Holdings, with a Buy recommendation.
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We initiate coverage of GVC Holdings, with a Buy recommendation.
Entain PLC (ENT:LON) | 820 65.6 1.0% | Mkt Cap: 5,242m
- Published:
20 Dec 2016 -
Author:
Edouard Enault -
Pages:
51
Business
GVC is an online gambling group with headquarters on the Isle of Man, and has a c.£2bn market cap. It is the third largest European online operator behind Bet365 and Paddy Power-Betfair. The group offers a range of casino (40%), sports betting (41%), poker (8%) and bingo (6%) products and trades under a number of brands, including Bwin, Sportingbet, Partypoker and PartyCasino. Additionally, it provides B2B services to third-party online gaming operators.
In February 2016, it acquired ....