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GVC back to FTSE 100, 888 Holdings enters FTSE 250

gvc-888 GVC Holdings PLC, the owner of Bwin, has been readmitted to the FTSE 100 and 888 Holdings PLC, the owner of 888sport, has entered into the FTSE 250 Index. Both companies have been added to their respective indexes as a consequence of the June 2020 quarterly review of FTSE Russell.

What is Fueling GVC and 888 Index?

The quarterly review of the global index of the companies is taking place in order to portray with detail the market in which they belong. GVC proudly announced its re-inclusion in the FTSE 100 Index and characterized it as a key moment in its history. It is worth noting that the company was admitted to AIM in 2004 and acquired Ladbrokes Coral on March 29, 2018.

It is also worth mentioning that by the time that 888 Holdings was added to the FTSE 250 Index, GVC was among those that exited the index. As regards Q1 2020, GVC saw its gaming revenue grow 1% YOY, while its online gaming revenue increased 19%.

As far as 2019 is concerned, 888 Holdings saw its revenue grow 6% YOY to what constitutes a group record of $560.3m. More specifically, the company’s B2C casino revenue rose 13% to $359.3m, and its B2C sports revenue increased 12% to $90m.

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GVC back to FTSE 100, 888 Holdings enters FTSE 250

What is Fueling GVC and 888 Index?

Why choose Bwin

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