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In 2017, a net income of GVC Holdings grew by 11%

In 2017, a net income of GVC Holdings grew by 11%

In 2017, a net income of GVC Holdings grew by 11%

18 September 2017

International betting company GVC Holdings PLC has published a report with its income for the first half of 2017. A net income of the owner of such popular gaming brands as Bwin, Foxy Bingo and Sportingbet has been estimated at 6.6 m euro. By the way, 86.1 m was withdrawn within the first 6 months of 2016.

In the sports betting segment, the first half of the year enriched the company by 2.3 bn euro. A net income from games grew to 355.1 m, which is 11% higher than previous results. The same happened to a fixed income – 432 m euro.

As noticed by GVC Holdings Executive Director, bwin.party last year’s purchase can explain the company rocketing.

 

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