GVC Holdings’ revenues get a growth thanks to Bwin

24 Mar 2017

GVC HoldingsGVC Holdings is one of the biggest brands in the gambling industry, after all is Bwin’s mother company and as it seems the latter was a complete success during the year 2016, regarding the economical revenue. GVC has reported net gaming revenue growth of 9% in its full-year results for 2016, rising to €894.6 millions compared to €822.2 millions in 2015. The sports betting sector had a rise of 4%, while the operator reported an statutory pre-tax loss of €138.6 millions, mostly because of the Bwin acquisition, that took place in the 1st of February of 2016.

Kenneth Alexander, who is the Chief Executive of GVC, commented: «The acquisition of bwin.party in February 2016 was our most ambitious transaction to date and through the hard work of our people we have once again demonstrated our ability to create significant shareholder value through selected acquisitions. Our strategy of pursuing international diversification and scale through leveraging our proprietary technology, is more appropriate today than at any time in our history. The organic growth opportunity is equally exciting and we are confident of delivering further growth in 2017.».

Why choose Bwin

200+ Extra Bets on Top Leagues
  • 50+ sports
  • Cards & Corners
  • Edit my bet
  • Multiview feature
  • Partial & Automatic Cashout
  • 20+ payment methods
  • Mobile apps
  • Lots of interesting promos
Play now
Get the Best Odds
BOOK SPY
BOOK SPY BONUS REVIEW

No introduction is needed for Bwin. They were the first betting giants, being founded in 1999 when they came to the spotlight as Bet And Win. Since 2016, they have been under new ownership - Entain Plc - and have a clear white market strategy, acquiring domestic licenses in New Jersey, Sweden, Italy, Greece, France, and Spain. Bwin is regarded as a top-class bookmaker, but there are some massive pros and cons. The website is a little bit outdated, and the odds should be higher, especially at the top leagues. The absence of Asian bets and the slow withdrawal times are also a great minus. The same applies to the fast limitation on winning accounts, no matter if we are talking about a sharp or a recreational player. On the other hand, the live betting section comes with so many extra features, like Multiview and live streaming. The range of extra bets, both at the pre-match and live betting, sports and payment methods is huge and the mobile apps magnificent. No matter the disadvantages, Bwin will always be a safe place and a classic destination for the bettors.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

The online sportsbook ComeOn has signed a partnership with the Canadian Premier League (CPL) to become its official sports betting and online casino p...

Read more »

Crypto-focused sportsbook and casino Stake.com has entered into a partnership with online gaming provider Aspire Global ahead of its launch in the Bri...

Read more »

With EURO 2020 starting today, Entain has made the estimation that more than 3 million people will place bets on the tournament, with almost 50% of UK...

Read more »

Former Liverpool FC and Republic of Ireland football player Jason McAteer has signed up with the online casino and sports betting operator LV BET as a...

Read more »

The well-known bookmaker Betsson, has struck a deal with the South American Football Confederation (CONMEBOL) to become the official regional sponsor ...

Read more »

Gambling operator William Hill has made the first steps of expanding into the LATAM gambling landscape, by going live in Colombia, building on its acq...

Read more »

Swedish operator Betsson Group has been granted online gaming and sports betting licenses by the Hellenic Gaming Commission (HGC), both of which will ...

Read more »

The renowned bookmaker Expekt, is the newest acquisition of the LeoVegas Group and will soon be relaunched to offer an improved sports betting product...

Read more »

Kansspelautoriteit (KSA), the Dutch gambling regulator, has entered a ‘cooperation agreement’ with the United Kingdom Gambling Commission (UKGC). The ...

Read more »

The renowned bookmaker STSBet has solidified its presence in international markets even more, after the launch of the revamped version of its website....

Read more »

LIST OF TOP BOOKMAKERS
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Stake.com
  • 95% overall live betting payout
  • 500,000 pre-match events/year
  • 100+ extra bets on top footy events
200% up to $1000
Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
100% up to €100
888sport
  • 10.000 live events per month
  • 40+ sports
  • Bet Builder
  • Code:30FB
€30 Free Bets
Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
Librabet
  • High odds on football
  • Huge variety of betting markets
  • Intriguing welcome bonus
150% up to €150
Bwin
  • 50+ sports
  • Cards & Corners
  • Edit my bet
High Odds
Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
€25 Bet Credits
Rolletto
  • 95%+ on tennis
  • Alternative spreads on basketball
  • Asian View
120% up to €240
Mystake
  • Few country restrictions
  • 1,000+ pre match events daily
  • 400+ football markets
100% up to $500
Unibet
  • 250.000+ pre-match events/year
  • 10.000+ live events monthly
  • 96%+ on Asian Handicaps
100% up to €50
FEZbet
  • Cashout
  • Next Minute bets
  • Fast Markets
150% up to €100
Unikrn Sports
  • 1,000+ events daily
  • More than 25 sports
  • 7+ languages
200% up to $200
LATEST BOOKMAKER PROMOTIONS