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Prominent online casino and sportsbook operator GVC Holdings has warned investors that its annual earnings before interest, tax, depreciation and amortization could fall by as much as ￡150 million (5.’Overriding optimism:But, Kenneth Alexander (pictured), Chief Executive Officer for GVC, used the press release to declare that his firm ‘retains a strong balance sheet’ as well as an undrawn revolving credit facility worth in the region of ￡550 million (5.Preceding triumph:Headquartered on the Isle of Man, GVC Holdings had earlier detailed a rise of 5% year-on-year in net gaming revenues for the seven weeks to February 23 with associated online takings improving by 16%....
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