GVC Holdings (AIM:GVC) - highly confident of the outlook for the remainder of the year
The leading e-gaming operator that is in the process of consuming bwin.party digital entertainment issued very positive trading update for the two months ended 30 November 2015. This business has delivered consistently over the past few years, regularly delivering a mammoth dividend to shareholders
Strong trading has continued with Net Gaming Revenue (“NGR”) for the two months to 30 November 2015 up 11.7% than the same period in 2014 and averaging €716,000 per day and customer deposits up 8.3%.
Consequently the Board is highly confident of the outlook for the remainder of the year.
The focus now is on the bwin.party deal.