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Entain plc, formerly GVC Holdings, is an international sports betting and gambling company. It is listed on the London Stock 🔔 Exchange and is a constituent of the FTSE 100 Index.[2] It owns brands such as bwin, Coral, Ladbrokes, PartyPoker and 🔔 Sportingbet.

History [ edit ]

The company was incorporated in Luxembourg in 2004 as Gaming VC Holdings.[3] It was founded by a 🔔 group of four American businesspersons, led by Steve Barlow,[4] as a vehicle to acquire Casino-Club, an online casino established in 🔔 2001 that was reportedly the largest online gambling operator in German-speaking countries.[5] The company made its initial public offering on 🔔 the AIM exchange on 21 December 2004, raising funds that were used to complete the €105-million acquisition of Casino-Club on 🔔 the same day.[6][7]

In 2010, Gaming VC was reorganised in the Isle of Man as GVC Holdings.[8]

In 2012, GVC and William 🔔 Hill bought Sportingbet, with William Hill taking the Australian and Spanish markets, and GVC taking the rest of the world.[9]

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