Online casino and sportsbook GVC Holdings has reported a year-on-year and quarter-on-quarter increase in average net gaming revenue per day during the third quarter of 2014.
The firm said that net gaming revenue in the period averaged at €646,000 ($828,780) per day, which is 24% higher than the same period in 2013 and up from the €628,000 reported at the last trading update on September 22, shortly before the close of the third quarter.
GVC also noted that trading is strong across all major territories and brands, which in turn reflects the firm’s focus on achieving a Fifa World Cup legacy through its brand-building and marketing initiatives over the last year.
In addition, the company said trading in the first half of October has continued strongly with an average net gaming revenue of €800,000 per day, which is 24% higher than the previous quarter and more than 50% higher than in the same period last year.
Meanwhile, GVC has announced that it has appointed Cenkos Securities as its nominated adviser and broker.
In addition, GVC has appointed Bell Pottinger as its new financial public relations adviser .
Both appointments will come into effect immediately.
source : www.igamingbusiness.com
