Industry Insight
Key Takeaways
  • After completing its deal to buy bwin.party, GVC has immediately begun the process of cutting costs with the redundancy of 11 members of staff at bwin.party’s Gibraltar headquarters.
  • Svenska Spel’s 2015 results show that the company’s income grew by 0.9% over the year. Digital revenues increased by 11% driven by a 59% increase in revenues from players using mobile devices.
  • Unibet recorded a record year for top line revenues in 2015, but the pace of acquisitions and growth increased costs that saw profits fail to keep up.

GVC

After completing its deal to buy bwin.party, GVC has immediately begun the process of cutting costs with the redundancy of 11 members of staff at bwin.party’s Gibraltar headquarters.

The redundancies are likely to be followed by others in the procurement and internal audit departments according to a report by eGaming Review