GVC’s July 2016 trading update reveals its early progress after its February acquisition of bwin.party has continued into Q216. Q2 net gaming revenue (NGR) per day rose by 11% y-o-y on a pro-forma basis (+16% on a constant currency basis). Pro-forma H116 NGR was up 8% to €439m (+11% CC) with both GVC and bwin brands delivering growth. Recent operational progress has included a successful application to the Premium Segment of the LSE. Forthcoming challenges to be navigated include t
13 Jul 2016
Q216 trading update - firmly on track
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q216 trading update - firmly on track
Entain PLC (ENT:LON) | 834 110 1.6% | Mkt Cap: 5,327m
- Published:
13 Jul 2016 -
Author:
Eric Opara -
Pages:
3
GVC’s July 2016 trading update reveals its early progress after its February acquisition of bwin.party has continued into Q216. Q2 net gaming revenue (NGR) per day rose by 11% y-o-y on a pro-forma basis (+16% on a constant currency basis). Pro-forma H116 NGR was up 8% to €439m (+11% CC) with both GVC and bwin brands delivering growth. Recent operational progress has included a successful application to the Premium Segment of the LSE. Forthcoming challenges to be navigated include t