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GVC Holdings (Lon: GVC) revises and extends Betboo earn-out, whilst reaffirming its dividend policy

23/02/2011 · GVC Holdings (GVC) 
GVC Holdings has today announced its revised and extended Betboo earn-out, whilst reaffirming its current policy of distributing at least 75% of net operating cash flow to shareholders by way of dividend
GVC Holdings PLC is the successor company to Gaming VC holdings S.A., and was incorporated in the Isle of Man on 5th January 2010. Its primary betting licence has been granted by the Lotteries and Gaming Authority of Malta. The company operates a variety of online gambling platforms including casinos, poker rooms, bingo and sports betting.  It operates in three segments: CasinoClub, which is a German online casino operator, operational since 2001; Betaland, which is an Italian online sports-book and gaming operator, operational since autumn 2007; and Betboo, which is a South American Internet gaming operator, offering bingo, casino, poker…

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