GVC's Coral, Ladbrokes refuse rent payments - report

3rd Apr 2020 15:14

(Sharecast News) - Bookmaking company GVC's Ladbrokes and Coral UK operations are refusing to pay rent on more than 3,000 shops to save cash as the coronavirus pandemic hammered profits, Sky News reported on Friday.

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Deutsche Bank cuts price targets for Flutter, GVC and William Hill

26th Mar 2020 13:16

(Sharecast News) - Deutsche Bank cut its price targets for Flutter, GVC and William Hill to take account of the wave of cancelled sporting events caused by the Covid-19 crisis.

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GVC to take up to ?25m a month hit from horse racing suspension

17th Mar 2020 14:09

(Sharecast News) - Sports betting company GVC Holdings said on Tuesday that the suspension of all UK horse racing events until April - announced earlier in the day by the British Horse Racing Authority - will dent earnings by up to ?25m a month.

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GVC Holdings to take up to ?150m hit from sports cancellations

16th Mar 2020 13:13

(Sharecast News) - GVC Holdings said on Monday that full-year earnings could be hit by as much as ?150m if horse racing and football events are cancelled or delayed due to the coronavirus.

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GVC Holdings hikes dividend despite big 'one'off' charges

5th Mar 2020 10:11

(Sharecast News) - GVC Holdings posted a big full-year loss on the back of big amortisation and impairmemt charges, but hiked its dividend payout.

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Friday broker round-up

14th Feb 2020 12:38

(Sharecast News) - SSE: Morgan Stanley downgrades to equal weight with a target price of 1,620p.

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Gambling shares fall as regulator mulls online stake limits

13th Feb 2020 12:44

(Sharecast News) - Gambling shares fell after the industry watchdog said it would examine arguments for imposing limits on stakes placed by online gamblers.

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GVC Holdings sees FY profits at top end of guidance

17th Jan 2020 08:40

(Sharecast News) - GVC Holdings said on Friday that it was "well placed" for 2020 as it progressed with integrating recently-acquired Ladbrokes Coral and continued to grow its US joint venture.

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Friday broker round-up

10th Jan 2020 12:57

(Sharecast News) - Polymetal International: Berenberg upgrades to buy with a target price of 1,480p.

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FTSE 250 movers: Wood Group falls, M&S rallies

6th Nov 2019 14:34

(Sharecast News) - London's second-tier was 0.48% lower at 20,198.20 in afternoon trade on Wednesday, with John Wood Group leading the index lower.

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Gambling stocks lose out after MPs call for tighter curbs on online casinos

4th Nov 2019 12:12

(Sharecast News) - Gambling stocks came under pressure on Monday after an influential group of cross-party MPs called for tighter curbs on online casinos.

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GVC selects HomeServe's Barry Gibson for non-executive chairman job

4th Nov 2019 08:09

(Sharecast News) - GVC Holdings on Monday selected HomeServe chairman Barry Gibson to succeed Lee Feldman as non-executive chairman when he steps down on 27 February 2020.

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Friday broker round-up

11th Oct 2019 12:40

(Sharecast News) - Whitbread: Deutsche Bank downgrades to sell with a target price of 3,650p.

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Thursday broker round-up

10th Oct 2019 13:00

(Sharecast News) - Ferrexpo: Barclays downgrades to underweight with a target price of 110p.

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GVC raises FY guidance after strong Q3 online revenue growth

9th Oct 2019 07:28

(Sharecast News) - Gambling firm GVC Holdings upgraded full year profit forecasts as higher third quarter online revenues and over-the-counter betting offset a UK government crackdown on slot machines.

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