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GVC net gaming revenue rises for 2015

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GVC
ming group GVC Holdings has revealed its total net gaming revenue (NGR) for the full year 2015 was €247.7m, a 10% increase.

Further statistics show the company's sports wagers were boosted 15% to €1.68bn for the same period.

On a constant currency basis, GVC’s NGR for Q4 2015 was €712,000 per day, 21% higher year-on-year.

These figures are calculated by a 6% rise in sport NGR to €320,000 per day and a 14% growth in gaming NGR to €392,000 per day.

It is expected that the preliminary results for 2015 will be released in the week commencing 11 April 2016.

GVC will complete its acquisition of BwinParty on Monday 1 February.

Kenny Alexander, chief executive of GVC, said: "I am delighted to report yet another set of strong numbers as 2015 year ended very positively for GVC.

"We are enthusiastic to commence the integration of the businesses and to continue to drive shareholder value for investors in the enlarged group."

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