Further to the announcement made on 14 May 2014, GVC Holdings PLC (AIM:GVC) is pleased to announce that Betit Holdings Limited (“Betit”), the joint venture company that the Group has established with Betit Securities Limited (“BSL”), has now been granted approval by the Lotteries & Gaming Association of Malta (“LGA”). Following LGA approval, GVC has now made its upfront commitment of €3.5 million to Betit.
For further information:
|GVC Holdings PLC|
|Kenneth Alexander, Chief Executive||Tel: +44 (0) 20 7398 7702|
|Richard Cooper, Group Finance Director||www.gvc-plc.com|
|Daniel Stewart & Company Plc||Tel: +44 (0) 20 7776 6550|
|David Hart / Paul Shackleton/ Martin Lampshire||www.danielstewart.co.uk|
|Henry Harrison-Topham / Olivia Stuart Taylor||Tel: +44 (0) 20 7398 7702|
About GVC Holdings PLC
GVC Holdings PLC is a multinational sports betting and gaming group. Its core brands are CasinoClub, Betboo and Sportingbet. The Group has over 600 employees and is headquartered in the Isle of Man and is licensed in Malta, Germany, Denmark, UK, South Africa, Italy, Alderney and the Dutch Caribbean.
Further information on the Group is available at www.gvc-plc.com