Entain PLC (OTCPK:GMVHF)

$ 8.59 -0.268 (-3.03%) Market Cap: 5.46 Bil Enterprise Value: 10.19 Bil PE Ratio: 0 PB Ratio: 2.22 GF Score: 67/100

Q3 2020 GVC Holdings PLC Earnings Call Transcript

Oct 08, 2020 / 08:00AM GMT

Release Date Price: $13.64 (+2.13%)

Transcript

Operator

Hello and welcome to this morning's GVC Holdings quarter 3 update. Can I just remind you that this call is being recorded. (Operator Instructions)

I'm now delighted to hand over to Shay Segev, CEO of GVC, who will begin the presentation.

Shay Segev

GVC Holdings PLC - CEO & Director

Good morning, everyone, and thank you for dialing in today. I'm joined by our group CFO, Rob Wood; and our Director of IR, David Lloyd-Seed. Hopefully, you've already seen our announcement this morning, so I will keep this short, and then we can move on to questions.

We have delivered yet another excellent quarter right across the group with total NGR, up 14% in constant currency. This is our 19th quarter of double-digit online growth in a row with market share gains in all our major territories, so quite an achievement with sports returning and shops reopening and more normal trading balance is returning to our business.

Let me start by talking about our performance in the U.S., then I will take you through the core business, and we will finish with

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