GVC Holdings Shines with Double‑Digit Online Growth
GVC Holdings, the mastermind behind the iconic Ladbrokes brand, is striking gold on its online front.
Key Numbers in a Nutshell
- Online betting Net Gaming Revenue (NGR) surged by 17% in the quarter ending 31 March.
- When we look at gaming as a whole, we saw a solid 20% bump.
- UK retail stores? Flat – nothing to brag about there.
- Across Europe’s betting shops, a modest 2% uptick gave a nice boost.
- All‑in‑all, the group NGR jumped by 8%.
CEO’s Take
Kenneth Alexander, the chief exec, called the results a “strong trend” and a “bright start to the year.”
“We’re seeing a real surge in volume across all our top online brands and regions,” Alexander said with a grin. “And we’re confident we’ll hit our target of double‑digit growth in online NGR.”
What That Means for GVC’s Future
With the numbers ticking upward, GVC is primed to keep riding the wave of online success. It’s not just about crashing the web with the latest promos; it’s about staying ahead in a market that’s moving faster than a hashtag on Twitter.
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