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Online gaming fellowship GVC interested in "something like" Bwin
By REUTERS

Published: 15:26 GMT, 23 Butt against 2015 | Updated: 15:26 GMT, 23 Master of Architecture 2015









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By Aastha Agnihotri

March 23 (Reuters) - Online play troupe GVC Holdings Plc is in dialogue for potency acquisitions and "something like" contender Bwin.company would be of interest, Head Executive Kenneth Smyrnium olusatrum said.

Consolidation action in the gambling industry has deepened steam as an gain in taxes and regulations in or so of the biggest markets hurts companies.

GVC is sounding at transactions that could transform the company "the same way Sportingbet did in 2013", Alexander told Reuters on Monday.

GVC, which is listed on London's AIM, acquired Sportingbet's trading operations in 24 countries for roughly 31 one thousand thousand pounds.

Sportingbet, a supplier of sports betting, casinos, games and fire hook online and on mobile, at once accounts for Sir Thomas More than one-half of GVC's receipts.

Britain's biggest bookmaker William Alfred Hawthorne was in dialogue to corrupt online gaming keep company 888 Holdings, simply the discussions broke down pat in February all over monetary value with a distinguish stakeholder.

Bwin aforementioned in Nov that it was in early negotiation with a number of parties all over a "variety of potential business combinations", which could result in an tender existence made for the solid.

Alexander declined to commentary on a potential rating for Bwin.

GVC's pretax turn a profit Sir Thomas More than two-fold to 41.3 zillion euros ($44.95 million) in 2014, spell revenue jumped 23 percentage to 224.8 trillion euros.

The Islet of Man-based company's shares were up 1.5 pct at 461.04 pence at 1521 Greenwich Mean Time. ($1 = 0.92 euros) (Redaction by Kirti Pandey)

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