Positive Trading Update From G.v.c. Holdings

15.5 Euro cents dividend to be paid to shareholders

Online gambling group GVC Holdings plc has posted a trading update ahead of its AGM on the Isle of Man today, advising that, subject to AGM approval, shareholders will receive a dividend of 15.5 Euro cents.
The company published daily results to date since January 1st 2015, reporting:
* Sports wagers up 21.4 percent at Euro 4,590,000;
* Margin on sports wagers 8.75 percent (3014 corrsponding period – 9.62 percent);
* Sports NGR up 15.2 percent at Euro 311,000;
* Gaming NGR up 19.7 percent at 347,000;
* Total daily NGR up 17.5 percent at Euro 658,000.
Kenneth Alexander, CEO of the group,said:
"The board is delighted by the strong start to 2015 despite a lower sports margin as a result of punter friendly results so far this year as has been commented upon already by a number of our peers. The business continues to show impressive growth and we continue to remain confident for the rest of the year."

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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