Key Takeaways
- Strong revenue growth at GVC ahead of bwin.party merger.
- Encouraging H1 from 888.
- Cash to burn at Playtech.
GVC
GVC issued a trading update to provide up to date information to bwin.party shareholders who will vote on whether to accept GVC’s offer to buy bwin.party on December 15.
The update reported that October and November revenues were 11.7% higher than in 2014, reinforcing GVC’s claim that it is capable of improving bwin.party’s profitability.
“GVC has an excellent track record of growing revenues and turning around under-performing assets,” said CEO Kenny Alexander.
