GVC: Partypoker Revenue Stabilized, "No Intention" to Sell GVC: Partypoker Revenue Stabilized, "No Intention" to Sell
Key Takeaways
  • It appears that partypoker has a permanent new home at GVC, with the company confirming that it has “absolutely no intention” to sell any of its recently acquired brands.
  • As part of its interim trading update for the first half of 2016, the company reported that revenues for online poker have stabilized “after a number of challenging years.”
  • While the figures for the vertical were not split out from other products under the “Games” label, the company stated that, on a constant currency basis, online poker revenue for H1 2016 was ahead of the same period last year.

It appears that partypoker has a permanent new home at GVC, with the company confirming that it has “absolutely no intention” to sell any of its recently acquired brands.