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9m) to local communities, problem gambling research and grassroots sports initiatives, over the next five years.Chief Executive Officer for GVC, Shay Segev commented on the company’s new identity in an official press release…“Today marks an exciting new chapter for the Group, and an important step forward in achieving our ambition of being the world leader in sports betting and gaming.”Proceeds from regulated or regulating markets currently account for approximately 96 percent of the group’s overall revenue....
“We are absolutely committed to pursuing the highest standards of corporate governance, to providing outstanding career development opportunities for our colleagues, and to supporting the communities in which we operate.British sports betting and gambling company GVC Holdings PLC (LSE:GVC) has announced it will be renamed Entain plc. Currently, the BetMGM brand has a presence in nine US states, with plans for that number to grow significantly by the end of 2021....
”The London-listed firm has announced several major changes to its future operations, among them is to operate 100 percent across regulated markets by the close of 2023, with 99 percent of revenue derived from regulated markets by this year’s end. The move, which is subject to shareholder approval, reflects the Isle of Man-based group’s ambition to be “the world-leader in sports betting and gaming entertainment.Not to mention MGM and GVC’s 0 million commitment in July 2018 to Roar Digital, an equal partnership between the two gaming companies....
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