Home General News British Bookmaker GVC Ready to Implement Emergency Plan

British Bookmaker GVC Ready to Implement Emergency Plan

British Bookmaker GVC Ready to Implement Coronavirus Lockdown Emergency Plan
GVC shops across the UK are getting ready to reopen under new strict measures

One of the most prominent United Kingdom-based bookmakers, GVC Holdings has just recently announced that it is ready to implement its coronavirus lockdown emergency plan. According to the company’s carefully formulated, rather comprehensive plan, GVC Holdings betting shops may start emerging from lockdowns caused by the ongoing coronavirus pandemic.

Today, GVC Holdings operates over three thousand and five hundred betting shops and similar betting facilities across the United Kingdom following its Ladbrokes Coral Group acquisition in 2018. The company’s officials used one of the latest official press releases to proclaim that the coronavirus lockdown emergence strategy has been carefully crafted in line with all guidelines which were set by the World Health Organization and the UK government to ensure the well-being and health of all customers, colleagues, and others.

GVC Holdings Since 2004

GVC Holdings founded back in 2004 as Gaming VC S.A. is one of the most prominent British gambling and sports betting firms. Today, GVC Holdings one of the FTSE 250 Index constituents, and it is also listed on the London Stock Exchange. The company was established in Luxemburg under its former name which was officially changed to what we know today as GCV Holdings in 2010.

Two years later after being renamed to GVC Holdings, the company acquired Sportingbet. At the time, William Hill took over the Spanish and Australian online sports betting markets while GVC Holdings took the remainder. Then, four years later after acquiring Sportingbet, GVC Holdings bought Bwin.Party Digital Entertainment for your £1.1 billion after winning a long bidding battle with its competitor 888 Holdings.

Since being acquired by GVC Holdings limited, the prominent bwin-party had significantly boosted its revenues after several years of rather disappointing numbers. In December of 2017, GVC Holdings acquired Ladbrokes Coral for around £4 billion. The acquisition process was completed the following year in 2018. In July of that same year, the United Kingdom owned of Ladbrokes Coral signed a business deal with the iconic MGM Resorts firm which allowed GVC Holdings to capitalize on then newly-legalized United States sports betting markets.

GVC Holdings’ Plan Implemented at Properties Across England

Today, GVC Holdings based in the Isle of Man had iGaming and other necessary licensed to operate in more than eighteen countries. With 28,000 employees, the company also has contractors in many locations across South America, North America, Asia, and Europe. Some of the brands operated by GVC Holdings are Ladbrokes Coral Group, bwin, Sportingbet, Betboo, Gamebookers, VistaBet, Neds, partycasino, CasinoClub, partypoker, Gioco Digitale, Foxy Casino, Foxy Bingo and even more.

When it comes to the company’s coronavirus lockdown emergence plan, the company’s officials recently proclaimed that its plan may start being implemented very soon at the company’s over two thousand properties across the Channel Islands and England. Naturally, the plan also encompasses safety and protection measures including social distancing and other safety procedures.

According to the company’s officials, GVC Holdings-owned and operated facilities in Northern Ireland, Wales, and Scotland are also expected to re-open as soon as governments from these territories allow such actions. Casinos alongside betting shops in the United Kingdom were forced to shut down from the 20th of March. Eleven weeks later, Prime Minister’s government is keen to start allowing these facilities to re-open even though the country’s daily coronavirus infection rate remains around two thousand.

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments