Friday, December 3, 2021

Tag: gvc holdings

GVC rebrands and plows cash into player protection

GVC Holdings rebrand player protection
Multi-billion pound gaming and betting giant GVC Holdings has announced that it will soon rebrand itself as Entain Plc, which directors say will mark the ushering in of a “new era of sustainability and conduct” for the Manx conglomerate.

GVC Holdings balance retail revenue fall with optimistic outlook towards new horizons

GVC Holdings retail revenue
Though predictions concerning the number of shop closures have fallen, GVC Holdings will still be closing 900 outlets in the next two years

DCMS calls for mandatory levy despite £100m operator pledge

DCMS Jeremy Wright
Despite the “Top Five” UK betting operators pledging to increase their funding commitment to tackle problem gambling, the DCMS has reiterated calls for a..

1,600 Ladbrokes Coral jobs under threat from GVC takeover

ladbrokes jobs
Hundreds of jobs could be up for the chop should GVC’s takeover of Ladbrokes Coral go through, the bookmaker admitted in a new outline of the deal.   Although the deal is expected to fetch a potential £3.9bn, the two companies said up to 6 percent of their combined 26,800 workforce - around 1,608 staff - could lose their jobs. The...