- International live and online real money gaming operator GVC reported that partypoker grew 60% in constant currency in H1.
- The group reported total net gaming revenue of £1.62 billion in the first six months of the year, down 11%.
- It reported that in 2019, poker made up 4% of the group’s net gaming revenue derived online.
International live and online real money gaming operator GVC reported that partypoker grew 60% in constant currency in H1 2020.
It made it the best performing product during a period characterized by high growth in online gambling revenue offset by declines in UK and European retail due to the coronavirus pandemic.
The group reported total net gaming revenue of £1.62 billion in the first six months of the year, down 11% (10% in constant currency) on the same period last year.
Revenue in its UK and Europe retail segments, obtained through the acquisition of Ladbrokes-Coral in 2018, collapsed, down 53% and 47% respectively due to widespread closure of its shops due to the COVID-19 pandemic.
However, this was largely, though not entirely, offset by growth in online.
