REG - GVC Holdings PLC - Trading Update <Origin Href="QuoteRef">GVC.L</Origin>

EntainAnnouncement

11/01/2016 07:00

RNS Number : 3651L
GVC Holdings PLC
11 January 2016
GVC Holdings PLC
("GVC" or the "Group" or the "Company")
Trading update to 31 December 2015
Date of preliminary results for 2015
GVC Holdings PLC (AIM:GVC), a leading e-gaming operator in both b2c and b2b markets, today provides the following trading update for the 12 months to 31 December 2015.
Trading Overview 
 Net Gaming Revenue ("NGR") for the year amounted to 247.7 million (679k per day) up 10.2% on 2014 (224.8 million, 616k per day),
 NGR in Q4-2015 was 65.5 million (712k per day) up 10% on Q4-2014 (59.5 million, 647k per day),
 On a constant currency basis NGR in Q4-2015 was 21.3% higher than in Q4-2014
 Sports wagers for the year amounted to 1.68 billion (4.6 million per day), up 14.9% on 2014 (1.46 billion, 4.0 million per day),
 Sports wagers in Q4-2015 amounted to 456 million (5.0 million per day), up 13.6% on Q4-2014 (402 million, 4.4 million per day). 
Trading KPIs per quarter:
Average per day in 000's
Q4-2015
Q4-2014
% Change
Q1-2015
Q2-2015
Q3-2015
Sports wagers
4,959
4,366
13.6%
4,558
4,544
4,371
Sports margin
9.1%
9.0%

9.0%
8.7%
9.9%
Sports NGR
320
303
5.6%
313
299
337
Gaming NGR
392
344
13.9%
352
372
330
Total NGR
712
647
10.0%
665
671
667
Total NGR, constant currency basis
712
587
21.3%



Preliminary results for 2015
It is expected that the preliminary results for 2015 will be released in the week commencing 11 April 2016.
Kenneth Alexander, Chief Executive of GVC Holdings plc, said: 
"I am delighted to report yet another set of strong numbers as 2015 year ended very positively for GVC. The Board and I would like to thank all our staff for their hard work and continued focus. With the shareholders of both GVC and bwin.party digital entertainment plc ("bwin.party") having voted overwhelmingly for the acquisition of bwin.party on 15 December 2015 and with completion expected on 1 February 2016, and the enlarged GVC Group expected to be admitted to the Main Market on 2 February 2016, we are enthusiastic to commence the integration of the businesses and to continue to drive shareholder value for investors in the enlarged Group."
- Ends -
For further information:
GVC Holdings PLC

Kenneth Alexander, Chief Executive
Tel: +44 (0) 1624 652 559
Richard Cooper, Group Finance Director
www.gvc-plc.com
Cenkos Securities plc (Nomad & Broker)
Tel: +44 (0) 20 7397 8900
Mark Connelly, Stephen Keys, Camilla Hume

Media enquiries:
Bell Pottinger

David Rydell, James Newman, Anna Legge, Laura Jacques
Tel: +44 (0) 20 3772 2500
About GVC Holdings PLC
GVC Holdings PLC is a leading e-gaming operator in both b2c and b2b markets. Its core brands are CasinoClub, Betboo and Sportingbet. The Group has around 700 employees/consultants and is headquartered in the Isle of Man and has licenses in Malta, Denmark, UK, South Africa, and the Dutch Caribbean.
Further information on the Group is available at www.gvc-plc.com

This information is provided by RNS
The company news service from the London Stock Exchange
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