GVC Holdings Announce Bigger Q4 Revenue and Dividend Increase
Sport betting operator GVC Holdings, the owners of UK sport betting giants BWin and current owners of the Party Poker network, announced yesterday that their strong net revenue performance is expected to continue for the final quarter of 2016. Namely, the Board of directors of GVC Holdings expects both their EBITDA (earning before interests, tax, depreciation and amortization) and full-year profits to exceed expectations, mainly due to the positive trading trend that continued throughout the final month of December.
According to their announcement, GVC Holdings exp…