Industry
December 9, 2020
Lawmakers Urge British Bookies to Return Relief Money
With over £2 billion of relief money returned by businesses that benefited from the pandemic, MPs have called on sports betting businesses in the United Kingdom to do the same. Lawmakers Say Bookies Should Return Relief Funds Lawmakers in the United Kingdom have called sportsbooks to return tens of millions of pounds they received in […]
Business
November 25, 2020
GVC Appoints Dr Mark Griffiths to Lead Consumer Protection
GVC is tapping into the talent of Dr. Mark Griffiths, a behavioral specialist with over 30 years of experience, to spearhead the company’s responsible gambling practices. Dr Mark Griffiths Steps in as Online Addiction Specialist for GVC GVC Holdings’ position on responsible gambling and consumer protection has only been improving, with the company now […]
Industry
November 19, 2020
GVC Teams with Future Anthem and Mindway AI to Boost ARC
Global betting and gaming operator GVC Holdings announced today the start of two new initiatives with regards to its Advanced Responsibility and Care (ARC) program for safer gambling, which began November 12. Enhance Player Protection The essence of the ARC is to improve player protection by utilizing the proprietary technology platform capabilities in terms of […]
Business
November 12, 2020
GVC Rebrands as Entain and Withdraws from Unregulated Markets
Following a recent change in leadership, GVC is rebranding as Entain and announcing a withdrawal from all unregulated markets. The move would cost it £40 million in earnings in the short-term, but boost long-term results, says CEO Shay Segev. GVC Finds New Identity as Entain and Quits Unregulated Gambling Markets The parent company of Ladbrokes […]
Business
October 29, 2020
GVC Selling Ladbrokes and Coral Racecourse Pitches to John Hooper
The parent company of the famous Ladbrokes and Coral brands, GVC revealed that it will sell 106 racecourse pitches in UK and Ireland to John Hooper. The decision was not taken lightly and is the result of changes that made racecourses no longer a strategic purpose for GVC. Racecourse Operation Is No Longer a Strategic […]
Legal
October 12, 2020
GVC and Gauselmann Secure Gambling Licenses in Germany
GVC breaks ground into the German sports betting and gaming market with four landmark licenses. Others follow suit as Germany prepares to restart under the State Treaty on Gambling. Ladbrokes and Bwin Spearhead GVC’s Push in German Gambling Market Gambling behemoth GVC has become one of the first gambling operators to enter the German market […]
Sports
October 9, 2020
GVC Acquires Portugal’s Flagship Betting Operator, Bet.pt
Global gaming and betting firm GVC has announced the acquisition of Bet.pt, a Portuguese iGaming and sports betting brand, for an undisclosed amount. GVC Makes an Entry into Portugal with Bet.pt Acquisition The world’s largest sports betting gaming group GVC Group has acquired one of the leading Portuguese sports betting domains, Bet.pt. The sportsbook was […]
Business
July 22, 2020
GVC Holdings Investigated by HM Revenue & Customs
GVC Holdings announced in a press release yesterday HM Revenue & Customs (HMRC) is widening the scope of its investigation into the dealings of the group related to its online gambling business in Turkey, which the owner of Ladbrokes sold in 2017. Widening the Scope of the Investigation A probe which started in November 2019 […]
Business
July 7, 2020
GVC Holdings Considers Customer Care Teams Reorganisation
GVC Holdings, the operator of Ladbrokes Coral announced it is considering a reorganization of its customer service teams, to make adjustments for the upcoming new VIP rules that will most probably be adopted by the gaming industry. The operator outlined that some of the roles are at risk of redundancy, but downsizing will be kept […]
Business
May 2, 2020
GVC Announces Temporary Pay Cuts, Execs Forego Bonuses
Sports betting giant GVC has implemented payment reduction and bonus cuts for the company’s high-ranking employees in a bid to help it pull through the COVID-19 outbreak. GVC Execs Opt Out of Bonuses to Support the Company GVC has announced pay cuts for high-ranking staff members. The measures will affect everyone up the command chain, […]