Gvc Share Discussion Threads

[trentendboy] 07/6/2018 08:10

Stil amazes me that GVC now called one of the largest online gaming companies in the worldA long time since casino club operating in Germany when I first invested here

[speedsgh] 07/6/2018 07:44

Announcement today by Gaming Realms (GMR)...

Worldwide licensing agreement with GVC Holdings -

Two-year worldwide licensing agreement with GVC Holdings

Gaming Realms plc (AIM: GMR), the developer, publisher and licensor of mobile real money and social games, announces that it has signed a two-year licensing and revenue share agreement with GVC Holdings to roll out its "Slingo Originals" content worldwide.

Under the terms of the agreement, GVC Holdings will distribute Gaming Realms' Slingo Originals content across all of its sites and have a six-week exclusive period of hosting Gaming Realms' new 'BlackJack X-Change' casino game.

The agreement follows the announcement made in July 2017 that GVC Holdings would be distributing the Company's Slingo Originals portfolio of games in New Jersey, USA.

Patrick Southon, Chief Executive Officer of Gaming Realms, said:
"We are delighted to be extending our relationship with GVC Holdings, one of the world's largest sports betting and gaming groups. We believe that the Slingo game format has mass player appeal, so we are excited by the prospect of the game entering a number of new territories through the GVC partnership and gaining exposure to a large new player audience."

Liron Snir, GVC's Chief Product Officer said:
"We constantly strive and are committed to providing our customers with innovative and creative gaming content. Slingo Originals has had great success since its roll out on our New Jersey network and we now look forward to offering this content to our customers worldwide, enhancing their player experience."

[nod] 07/6/2018 02:09

19.6m shares up for sale may cap the share price for a time. If a long-term investor buys the lot it will be okay.

[trentendboy] 06/6/2018 21:09

This is old news.

DailyMail did this stuff ages ago - they have said that they will change the rewards to be more appropriate for a FTSE 100 company.

It has come a very long way, very quickly and pay issues are now just catching up.

[noujay] 06/6/2018 21:01

Thanks Jeff. Personally I have no problem with very significant pay awards but naturally prefer they be a blend of options and cash, with the skewing to the former, which is where the serious numbers ought to be made if they are delivering.

[srpactive] 06/6/2018 20:36

I am very happy with what the bosses earn here.

[noujay] 06/6/2018 20:28

Any comments re Peter Isola independence issue referred to out of interest?

[loganair] 06/6/2018 18:17

I would say Playtech are selling the GVC shares because they need the money to help pay for:

Playtech has completed its acquisition of a majority stake in Snaitech.

In March, Playtech agreed a deal worth €846m ($995.5m) to purchase 70.6% of the issued share capital in the company.

Since the initial deal, Playtech has also separately acquired approximately 9% of Snaitech’s issued share capital through various market purchases.

Having last month secured approval from Italian regulator Agenzia delle Dogane e dei Monopoli to proceed with the main acquisition, Playtech has signed off on the purchase and now owns almost 80% of Snaitech.

The initial deal requires Playtech to now make a mandatory takeover offer for all remaining shares in Snaitech.

Playtech said it will launch this offer within the next few weeks and expects to complete a full takeover of Snaitech later this year.

[trentendboy] 06/6/2018 18:13

Very interesting.As. Ptec holder I can see why they are doing this,LAD deal will be lost I suspect but they have made a massive profit on the sharesGood for GVC to get some new institutions on board and to get rid of ptec given possible negative connotations

[jeff h] 06/6/2018 17:48

U.K.’S GVC Holdings Shares Offered for Sale by Playtech: Terms

By Ruth David

(Bloomberg) -- GVC Holdings Plc investor Playtech Plc is offering 19.6m
shares in the sports betting and gaming company to institutional investors,
according to a termsheet seen by Bloomberg News.

* Settlement of deal scheduled for June 11: terms
* UBS is a joint bookrunner on the deal: terms
* Price guidance is at reference market level: terms

[oohrogerpalmer] 06/6/2018 17:00

Yeah and it was all stirred up by uneducated morons in the rag trade who earn ridiculous wages for writing drivel.

[festario] 06/6/2018 16:41

Agreed Mylands, that's about as close as you can get at an AGM before a resolution gets voted down!

[mylands] 06/6/2018 16:24

Wow, you don’t often see a vote as narrow as the one to pass the directors’s remumeration package! 56% for and 44% against.

Could be the substantial reward days are over for our top directors.

When I look at the wealth they have created the few tens of millions they have made and can make from the current package pale into insignificance.

[rogash] 06/6/2018 13:08

What happened to the AGM?

[noujay] 06/6/2018 07:29

Thanks Logan nice synopsis. It's all moving quickly at the moment with meaningful progress on most days it seems.World Cup starts next week too so exciting times ahead.GLA

[nod] 06/6/2018 00:24

Logan, that's a useful update of the leading States.New Jersey is encouraging. Sportech is well-placed in NJ with over 2,200 terminals in place and already processing over $900 million in New Jersey bets. Sportech has long-claimed it has a 'unique' position across the USA to benefit from sports betting because of its existing contracts and infrastructure (terminals) already in place."NEW JERSEY: Legislation authorizing sports books at casinos and horse racing tracks could be approved as soon as this week."

[nod] 05/6/2018 19:58

"UK bookmaker Ladbrokes plc has made its first move into the U.S sports betting market with the signing of an agreement to acquire a majority stake in Stadium Technology Group, a Las Vegas-based supplier of risk management and in-play betting software to licensed race and sportsbook operators.Ladbrokes will initially invest $3m to acquire a 65 per cent majority stake in the business, with a retained option to buy the remaining 35 per cent of the business over the next five years on a performance-related basis." January 2012http://www.gamingintelligence.com/manda/14617-ladbrokes-makes-us-move-with-stadium-technology-acquisition

[nod] 05/6/2018 19:52

"Ladbrokes will initially invest $3m to acquire a 65 per cent majority stake in the business, with a retained option to buy the remaining 35 per cent of the business over the next five years on a performance-related basis." January 2012. It was a small investment at the time.

[loganair] 05/6/2018 19:52

Associated Press:

With Delaware expanding legal sports gambling on Tuesday, a look at where states stand three weeks after the U.S. Supreme Court ruled states could adopt their own laws to allow betting on sports:

DELAWARE: Became the first state outside Nevada to offer betting on individual games when sports books opened Tuesday at the state's casinos.

NEW JERSEY: Legislation authorizing sports books at casinos and horse racing tracks could be approved as soon as this week.

MISSISSIPPI: Regulations allowing sports books at the state's 28 licensed casinos could be approved as early as June 21, which means casinos could start taking bets 30 days later.

WEST VIRGINIA: The state lottery commission is working on regulations, which would be subject to a 30-day public comment period once promulgated. Officials have said sports books could be open by the start of football season.

PENNSYLVANIA: Gaming officials have notified casinos that they could begin applying for licenses to open sports books, although it could be months before regulations are in place that would allow them to open. So far, no casinos have applied.

CONNECTICUT: Democratic Gov. Dannel P. Malloy is negotiating a new compact with the state's recognized Indian tribes to allow them to offer sports books at their casinos. After that's done, Malloy has called for a special session of the legislature to legalize the practice.

NEW YORK: Lawmakers continue to debate the prospect of legal sports gambling amid heavy lobbying from the New York-based professional sports leagues, but Democratic Gov. Andrew Cuomo has said the issue is too complicated to resolve before the Legislature adjourns later this month. Major League Baseball has sent two former Yankees managers, Joe Girardi and Joe Torre, to Albany in the past week to push for the leagues to receive a fee to monitor suspicious betting and protect their intellectual property.

[coxsmn] 05/6/2018 19:50

Nice post Logan.

[loganair] 05/6/2018 18:24

Delaware's three casinos, Delaware Park, Dover Downs Hotel & Casino and Harrington Raceway & Casino, are poised to accept the state's first full sports wagers at 13:30 EDT today.

GVC Holdings-owned Stadium Technology Group's proprietary sports betting platform will power the sportsbooks at the three facilities.

Stadium, acquired by Ladbrokes in 2012 before its merger with Coral and subsequent acquistion by GVC, already provides this software in 16 of the 20 licensed sportsbooks in the state of Nevada. GVC said today that Stadium had capacity to extend this to more than 100 other licensed locations.

Adam Greenblatt, director of development and corporate strategy at GVC, said: “We are delighted to be up-and-running as the first – and currently only – provider with a market ready solution for our partners in the new regulatory environment.

“As legislation evolves in the post-PASPA world, having the capability and flexibility to be able to get to market fast, with proven and compliant technology, is a key advantage for us.

“This small but important step on the pathway of regulatory reform in the US sports betting and igaming market, shows the preparedness of GVC to take an active part in the development of the sector.

“We believe the group’s proprietary, omni-channel technology coupled with our extensive US and international operating experience and trading expertise, positions us for long-term success."

[uncle andy] 05/6/2018 14:33

Not sure if this has been posted,,,

GVC’s Stadium Technology Group First to Market on Day One of Post-PASPA Sports Betting in Delaware

GVC Holdings is pleased to announce that from today, its proprietary US sports betting platform, held in Stadium Technology Group (“Stadium̶1;), will be powering the first single-game sports bets accepted in the US state of Delaware, on day one of a new regulatory framework, enabled following the repeal of the PASPA on 14 May.

[srpactive] 05/6/2018 13:49

And mine 2000p do not forget.

[sogoesit] 05/6/2018 13:37

The highest target prices I have seen are:
9 April Deutsche - 1300p;
23 April Peel Hunt - 1200p;
and today:
Berenberg "raises price target to 1370 (from 1200) rating "Buy".