POSITIVE TRADING UPDATE FROM G.V.C. HOLDINGS
Online gambling group GVC Holdings plc has posted a trading update ahead of its AGM on the Isle of Man today, advising that, subject to AGM approval, shareholders will receive a dividend of 15.5 Euro cents.
The company published daily results to date since January 1st 2015, reporting:
* Sports wagers up 21.4 percent at Euro 4,590,000;
* Margin on sports wagers 8.75 percent (3014 corrsponding period - 9.62 percent);
* Sports NGR up 15.2 percent at Euro 311,000;
* Gaming NGR up 19.7 percent at 347,000;
* Total daily NGR up 17.5 percent at Euro 658,000.
Kenneth Alexander, CEO of the group,said:
"The board is delighted by the strong start to 2015 despite a lower sports margin as a result of punter friendly results so far this year as has been commented upon already by a number of our peers. The business continues to show impressive growth and we continue to remain confident for the rest of the year."
POKER ACES GO UNDERGROUND ON DISCOVERY CHANNEL
The Discovery television channel is set to launch a new poker program titled Underground Poker on September 11, starring colourful US poker pros Antonio Esfandiari and Phil Laak.
The show is part of the network's series of gambling-themed programs under the All-in All-Night series, and will follow the two poker players as they roam New Orleans searching for underground poker games.
New Orleans was chosen for the locale because, the publicity hacks claim, the city has the richest private poker games, to which Laak and Esfandiari has access through their many contacts.
The show is part-poker action, part-travelogue as the entertaining duo explore the city's attractions, restaurants and history, and share amusing incidents and information.