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."
MANAGEMENT SHUFFLE AT PADDY POWER
Andy McCue, chief executive designate for Irish gaming firm Paddy Power announced three senior management appointments Tuesday effective January 1, 2015.
Peter ODonovan has been appointed chief product officer in a newly created position that will link the technology and product development teams across Paddy Power and Cayetano in Bulgaria.
He will also oversee the technology department of Sportsbet Australia and will coordinate global product innovation.
Paddy Power Online has a new managing director in Johnny Hartnett whose responsibility covers paddypower.com, paddypower.it, Dial-a-Bet and Customer Operations.
Hartnett is currently Director of Operations at Paddy Power and was previously COO in Sportsbet, prior to which he served as Head of Sports Risk & Trading in Paddy Power.
Christian Woolfenden has been appointed managing director Retail (UK & Ireland) moving from his current position of global marketing director. The company will appointed a new marketing director in due course.
Andy McCue, Chief Executive Designate, commented:
"These appointments reflect a strategic emphasis on customer and product. I am delighted to be filling these positions with high calibre individuals with a proven track record of success in the Group."
BODOG LAUNCH ZONE POKER ON MOBILE AND TABLET
Bodog Poker revealed the launch of its Zone Poker product on mobile and tablet, catering for customers' more popular device option when playing the fast-fold game.
The company said PC's and MACS lend themselves to tournament style play while handheld devices are unsurprisingly more popular with fast-fold poker game play.
VISIONARY IGAMING EXPANSION INTO LATIN AMERICA
Live dealer casino game provider, Visionary iGaming has fully integrated its live games and gone live with Juega EnLinea across Latin American markets.
ViG's live dealer offering in English and Spanish is "by far the most localized live offering in LATAM", said Gerardo Alcega, chief operating officer of JeugaEnLinea.
Live dealer games have driven top line growth in JuegaEnLinea's existing markets which it expects to continue as it expands into Mexico, Chile, Panama, Peru, Brazil and The Dominican Republic.
James Olsen, chief operating officer of Visionary iGaming said, Our localized solutions result in outstanding player retention and ultimately higher client revenue generation. We look forward to servicing JuegeEnLinea as they expand and grow throughout the emerging LATAM online gaming markets.
888 POKER NOW THE FOURTH LARGEST NETWORK
The independent online poker monitor Pokerscout reports that for the first time yet, 888Poker has overtaken rival network PartyPoker in the Bwin.Digital group to position itself as the fourth largest online poker network globally.
Pokerscout bases its competitive positioning on a 7-day moving average of active players in cash game tables.
The lead is slim, with current numbers showing 888Poker at 2,062 players, and PartyPoker at 2,025.