Gvc Share Discussion Threads

[sogoesit] 31/7/2018 09:46

Hold on a minute someuwin, give me some time to load-up ;-) !

[someuwin] 31/7/2018 08:14

Hopefully today we'll get the rise we should have got yesterday.

[hawaly] 31/7/2018 07:58

Todays Times:


"The chief executive of GVC Holdings says that the gambling operator’s deal with MGM Resorts to cash in on the opening up of the American sports betting market could create “billions of dollars of shareholder value”."

[hawaly] 31/7/2018 07:55

There are billions to be won in America, says GVC boss.....

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The chief executive of GVC Holdings says that the gambling operator’s deal with MGM Resorts to cash in on the opening up of the American sports betting market could create “billions of dollars of shareholder value”.

[shayadfn] 31/7/2018 06:12

I added @11.41, only 500. Looking for a divi when they announce half year results in September.

[noujay] 30/7/2018 20:40

See Shore "suggest switching out of paddy power to gvc" based on today's news

[manics] 30/7/2018 18:39

MGM flat on the NYSE, FWIW.

[skippybragagnolo] 30/7/2018 15:04

I think it'll be over 1300 this time in 3 weeks

[noujay] 30/7/2018 15:01

A fair point of course it's far less likely. I just sense there's a revaluation jump possible here albeit perhaps over the next few weeks.The short positions ought certainly to contribute if they do get reduced and that's just a sideshow.

[skippybragagnolo] 30/7/2018 14:57

FTSE100 company these days. Gone are the days of 10% + jumps, up or down

[loganair] 30/7/2018 14:28

The deal looks to be exceptionally lucrative for the FTSE 100 bookmaker and has sent its shares jumping, with fellow major gambling companies poised to follow its lead.

Shore Capital has estimated that the US sports betting market could eventually be worth around US$20bn, with the deal with MGM “significantly” increasing the chances of GVC securing as much as a 10% market share.

[coxsmn] 30/7/2018 14:12

Gvc has come a long way. Now starts the next chapter with Ladbroke acquisition and now the opening up of the US sportsbetting and prime mgm deal.

[nurdin] 30/7/2018 13:12

amazed the early rise couldnt be sustained...another buying opportunity then !

[noujay] 30/7/2018 13:08

Slightly surprised at the reaction so far. It's very muted uplift for a deal that's potentially transformational and also offers unique access to the US with the preeminent player in that market. It also serves to narrow the field and thus opportunity for other players/competitors.As Rimau noted - seems cheap

[danieldanj] 30/7/2018 12:14

GVC Holdings (GVC) News Out Just Now

[rimau1] 30/7/2018 11:37

Still cheap at 15 times forecast earnings which compares with Paddy at 20 times and 888 at 15 times (but with regulatory headwinds and German issues). Should be in line with Paddy which would translate to around £15.00

[noujay] 30/7/2018 11:35

The whole mgm-Boyd market access deal just augments the sense of potential here. There's a very big picture indeed

[maddox] 30/7/2018 10:52

Credit where credit is due, Kenny and team have pulled off yet another spectacularly audacious deal with the partner of first choice in the US market.

MGM are putting significant assets into this deal that will be primarily trading under the play MGM brand; have MGM's existing Sports Book injected; will leverage their existing customer d/base and loyalty programme. A twenty-five year agreement demonstrates the level of commitment being shown to the JV.

This JV will have the best prospects for being the leading on-line brand in the US market.

Congratulations to all holders.

Cheers Maddox

[noujay] 30/7/2018 10:51

Interesting to see if mgm have more comment later on today.

[billytkid2] 30/7/2018 10:47

I couldn't have imagined a better JV to get into the states. I think this we keep the stock grinding higher.

[loganair] 30/7/2018 10:11

“GVC appears to have struck gold by signing a 50/50 JV with arguably the biggest gambling brand in the U.S.,” London-based broker Shorecap’s Greg Johnson said in a note.

[scottishfield] 30/7/2018 10:09

Added also

[loganair] 30/7/2018 10:08

skippy - I wouldn't be at all surprised if this JV could me worth at least 500p over time, plus a further 200p from growth outside of the USA JV.

[coxsmn] 30/7/2018 10:06

I've added a few this morning. This is a key deal, very very good news.