Business
A strategy for sustainability, growth & innovation
A strategy for sustainability, growth & innovation.
About this update from Entain Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0565F\n GVC Holdings PLC\n 12 November 2020\n \n \n \n \n 12 November 2020\n \n \n \n \n \n GVC Holdings PLC\n \n \n (\"GVC\" or the \"Group\")\n \n \n \n \n \n A clear strategy for sustainability, growth and innovation\n \n \n \n \n \n Launching today a wide range of targeted initiatives: a fresh corporate identity; a commitment to operating in 100% regulated markets; new technology-driven customer protection \n \n \n \n \n \n GVC Holdings PLC (LSE: GVC), the global sports-betting and gaming group, is today holding a presentation for investors and analysts to outline its ambitious plans for the future under its two core strategic pillars of sustainability and growth. These plans will be driven by the Group's leading proprietary technology platform and supported by a range of strategic initiatives, a number of which are being launched today.\n \n \n \n \n \n KEY HIGHLIGHTS\n \n \n \n \n \n ·\n GVC Holdings to be renamed Entain plc to reflect the Group's ambition to be the world-leader in sports betting and gaming entertainment\n \n \n ·\n A commitment that, by the end of 2023, 100% of the Group's revenue will come from markets that are nationally regulated. In addition, by the end of 2020, 99% will come from regulated and regulating markets\n \n \n ·\n Launching the Advanced Responsibility & Care (\"ARC\") programme, which uses proprietary technology to further enhance player protection through additional checks as well as improved monitoring and interventions\n \n \n · \n Responsible gambling metrics to be incorporated into remuneration across the Group\n \n \n · \n Launching the Entain Foundation to provide further support to the communities in which we operate\n \n \n ·\n Opportunities for significant growth in four key areas: the US market; our core markets; entering into new markets; and expanding to new audiences\n \n \n · \n A strong current trading performance, reflecting the continued growth within our core business\n \n \n \n \n \n Shay Segev, GVC's CEO, commented:\n \n \n \"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. Under our new corporate identity, we will continue to use our unique technology platform to build ...