GVC Holdings (AIM:GVC) – cracking trading update from this 9% yielder
The leading e-gaming operator with brands including Sportingbet, Casino Club and betboo has announced a positive trading update for the period from 1 October 2014 to 14 December 2014 – you get lots of regular updates from this high yield stock!
The Group has generated a sixth successive quarter of revenue growth with Net Gaming Revenue (NGR) for Q4-2014 to date averaging €660k per day, up 26% on the Q4-2013 Trading is strong across all major territories and brands, reflecting the success of the Company’s focus on achieving a World Cup legacy through its brand-building and marketing initiatives over the last year. The continued investment in mobile announced in their half year results has resulted in Mobile Gross Gaming Revenue (GGR*) per day increased to €168k, up 150% on Q4-2013 This stock is all about the dividend and management committed to…