GVC.L - GVC Holdings PLC

LSE - LSE Delayed Price. Currency in GBp
714.50
+27.50 (+4.00%)
At close: 4:35PM GMT
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Previous Close687.00
Open690.00
Bid0.00 x 75700
Ask0.00 x 123200
Day's Range686.00 - 720.00
52 Week Range623.50 - 1,184.00
Volume3,952,302
Avg. Volume3,724,883
Market Cap4.157B
Beta (3Y Monthly)1.05
PE Ratio (TTM)33.23
EPS (TTM)21.50
Earnings DateSep 18, 2017 - Sep 22, 2017
Forward Dividend & Yield0.31 (4.32%)
Ex-Dividend Date2018-09-20
1y Target Est1,179.33
  • Reuters2 days ago

    British stocks shrug off politics as results from Sage, ABF drive big moves

    Investors in British stocks turned their focus from political to company developments on Thursday as results from software firm Sage, Primark owner ABF, and bookmaker GVC triggered big moves and weak house sales data dented shares in housebuilders. The FTSE 100 (.FTSE) slid 0.4 percent, extending Wednesday's fall and in line with a slide in euro zone stocks, while the domestically focussed mid-cap FTSE 250 (.FTMC) rose 0.3 percent as sterling hit its highest since mid-November. Financials were the biggest drag on the FTSE 100 as Europe's banking sector sold off after weak results from Societe Generale (SOGN.PA), and investors received Prime Minister Theresa May's win in a no-confidence vote with little fanfare.

  • Reuters2 days ago

    Britain's GVC confident of U.S. bet despite DoJ curb call

    Shares in GVC's rivals William Hill (WMH.L), Paddy Power Betfair (PPB.I) and 888 (888.L) fell on Tuesday after the U.S. regulator reversed its 2011 opinion that made only online sports betting illegal under the Wire Act. "Whilst the decision a couple of days ago might affect some inter-state stuff, maybe affect poker to a degree, for sports betting we don't see it having any impact," GVC Chief Executive Officer Kenneth Alexander said on Thursday. GVC has expanded rapidly and last year set up an online betting platform in the United States with hotel and casino operator MGM Resorts International (MGM.N).

  • Reuters4 days ago

    British shares up on China stimulus hopes, all eyes on Brexit deal vote

    By Shashwat Awasthi and Muvija M (Reuters) - Britain's FTSE 100 rose on Tuesday on hopes Beijing will take steps to stabilise a slowing economy, while mid-caps edged up in choppy trade as investors remained ...

  • China stimulus boosts European shares, autos rally but Italian banks wilt
    Reuters4 days ago

    China stimulus boosts European shares, autos rally but Italian banks wilt

    By Helen Reid LONDON (Reuters) - European shares bounced on Tuesday after China signalled more stimulus measures to soften the blow from a tariff war with the United States, triggering relief in trade-sensitive ...

  • Reuters4 days ago

    UK gambling stocks drop after U.S. DOJ reverses opinion on internet betting

    UK bookies such as William Hill Plc (WMH.L), Paddy Power Betfair Plc (PPB.I) and 888 Holdings Plc (888.L) fell between 1.5 percent to 7 percent on Tuesday after the U.S. regulator reversed its 2011 opinion that made only sports betting online illegal under the Wire Act. The 2011 reading of the federal law, which came into effect in 1961, prohibits certain types of gambling in the United States including sports betting, but the regulator now says the provisions under the act must now be considered in tandem with the Unlawful Internet Gambling Enforcement Act.

  • Poor China data caps turbulent week for FTSE 100 as investors rush for exits
    Reuterslast month

    Poor China data caps turbulent week for FTSE 100 as investors rush for exits

    By Helen Reid and Muvija M LONDON (Reuters) - Weak economic data from China sent Britain's top stock index down on Friday as miners, consumer stocks and banks suffered from investors' mounting anxiety ...

  • European shares on track for worst quarter since 2011
    Reuterslast month

    European shares on track for worst quarter since 2011

    By Josephine Mason and Julien Ponthus LONDON (Reuters) - European shares closed lower for a second day on Friday as weak European and Chinese data renewed worries about global growth and sent a pan-European ...

  • Reuters2 months ago

    Commodities drag FTSE down, Debenhams suffers worst-ever day

    Britain's top stock index fell on Wednesday as mining shares and oil majors sold off amid growing anxiety that global growth was slowing, though a late rally in gambling stocks offset some of the slide. The FTSE 100 (.FTSE) ended 0.3 percent lower after a choppy day, with investors navigating a commodities selloff and nerves over Brexit as Prime Minister May tried to persuade her cabinet to back her draft EU divorce plan. "Markets are struggling to discount two binary options: a Brexit which is relatively soft and pushed down the road, or a dramatic no-deal result," said Edward Park, investment director at Brooks Macdonald.

  • Reuters2 months ago

    UK's GVC shares hit jackpot as gambling company dodges big payout

    GVC Holdings (GVC.L) shares surged on Wednesday after a government ruling on the UK gambling sector spared the company a major cash outlay to former Ladbrokes shareholders. GVC would have been liable for a payment of about 670 million pounds to former Ladbrokes shareholders if legislation aimed at tackling problem gambling had not been introduced before the end of March next year, analysts said. GVC issued securities known as Contingent Value Rights (CVRs) as part of their takeover of Ladbrokes in March 2018.

  • UK forced to accelerate planned reform to gambling regulations
    Reuters2 months ago

    UK forced to accelerate planned reform to gambling regulations

    Culture minister Jeremy Wright said a previously announced cut to the maximum stake on fixed-odds betting terminals (FOBTs) would now take place next April. Last month, the government announced in its budget that the cut, from 100 pounds to just two pounds, would take place in October 2019. Several lawmakers have called for curbs on FOBTs, which have been widely blamed for allowing gamblers to rack up large losses in a short space of time.

  • Reuters2 months ago

    UK forced to accelerate planned reform to gambling regulations

    Culture minister Jeremy Wright said a previously announced cut to the maximum stake on fixed-odds betting terminals (FOBTs) would now take place next April. Last month, the government announced in its budget that the cut, from 100 pounds to just two pounds, would take place in October 2019. Several lawmakers have called for curbs on FOBTs, which have been widely blamed for allowing gamblers to rack up large losses in a short space of time.

  • Reuters2 months ago

    UK brings forward planned changes to gambling regulations

    Britain will bring forward a planned cut to the maximum stake on fixed-odds betting terminals by six months to April 2019, culture minister Jeremy Wright said in a statement to parliament on Wednesday. Earlier this month sports minister Tracey Crouch resigned, accusing the government of delaying to October the planned cut to the maximum stake from 100 pounds to just two pounds. Wright said a planned increase in Remote Gaming Duty, paid by online gaming operators, would also be brought forward to April to cover the negative impact on the public finances.

  • Reuters2 months ago

    UK PM May says culture minister to set out gambling machine changes

    Britain's culture minister will set out further details later on Wednesday on the government's planned cut to the maximum stake on fixed-odds betting terminals (FOBTs), Prime Minister Theresa May said. The government is facing a defeat on its budget legislation in parliament next week after many lawmakers from May's own Conservatives backed an amendment which would force it to bring forward the timing of the cut from October to April next year.

  • PR Newswire2 months ago

    MGM GVC Interactive Announces Sportradar As An Exclusive Supplier Of U.S. Sports Data

    NEW YORK and LONDON and LAS VEGAS, Nov. 8, 2018 /PRNewswire/ -- Sportradar, the global leader in analyzing and leveraging the power of sports data, today announced an agreement with MGM GVC Interactive LLC, the joint venture between MGM Resorts International (MGM) ("MGM Resorts") and GVC Holdings PLC (GVC.L) ("GVC"), to be its exclusive provider within the United States of sports betting data from certain US sports leagues which Sportradar has the right to distribute. MGM GVC Interactive was formed in July 2018 to engage in the new opportunities created by the recent Supreme Court decision overturning the federal Professional and Amateur Sports Protection Act, or PASPA.

  • Reuters2 months ago

    Sportradar to provide U.S. sports betting data to MGM-GVC joint venture

    Swiss sports data provider Sportradar AG on Thursday said it struck a deal to be the exclusive U.S. sports betting data provider to MGM GVC Interactive LLC for certain leagues. MGM GVC Interactive is a joint venture between British betting group GVC Holdings PLC, which owns the Ladbrokes Coral Group PLC gambling company, and casino operator MGM Resorts International. When the joint venture was announced in July, it sent GVC shares to a record high.

  • Reuters3 months ago

    Government targets gambling industry with tax increases

    Britain's Chancellor Philip Hammond announced on Monday plans to increase taxes paid by offshore gambling companies from next year to offset lost tax revenue from cutting the amount that can be staked on fixed-odds betting terminals. "I can confirm that we will increase Remote Gaming Duty on online games of chance, to 21 percent in order to fund the loss of revenue as we reduce FOBT stakes to 2 pounds," Hammond told parliament.

  • Reuters3 months ago

    UK government targets gambling industry with tax increases

    Britain's finance minister Philip Hammond announced on Monday plans to increase taxes paid by offshore gambling companies from next year to offset lost tax revenue from cutting the amount that can be staked on fixed-odds betting terminals. "I can confirm that we will increase Remote Gaming Duty on online games of chance, to 21 percent in order to fund the loss of revenue as we reduce FOBT stakes to 2 pounds," Hammond told parliament.

  • Simply Wall St.3 months ago

    Is GVC Holdings PLC’s (LON:GVC) CEO Pay Justified?

    Kenny Alexander became the CEO of GVC Holdings PLC (LON:GVC) in 2007. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar Read More...