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Ladbrokes owner moving servers,licences ahead of Brexit

Ladbrokes owner GVC Holdings said today it had made plans to relocate servers hosting online gambling platforms to Ireland for Brexit uncertainties. GVC owns games brands such as partypoker, PartyCasino, Casino Club, Gioco Digitale and Foxy Bingo. It also said the cut to the maximum stake on fixed-odds betting terminals (FOBTs) in the UK will result in the closure of up to 1,000 shops, while it expects the EBITDA impact to be £135m in 2019.

RTE.ie - March 6, 2019

View the full story here: https://www.rte.ie/news/business/2019/0305/1034344-gvc-holdings-results/