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Contribution in the period was 437.5m in actual terms, up from 135.4m the previous year.
Therefore, it is pleasing to report the Group achieved a strong operational and financial performance in 2016.
In addition, slot machine tips og trick pokemon blue we also secured a 70m Revolving Credit Facility (RCF).
This is still below many of our peers and represents an area of real opportunity for the Group.Through the combination of talented people, proprietary technology and strong brands, GVC is well placed to pursue the many opportunities and face the challenges presented by the dynamic industry in which we operate.Between 20, NGR from these brands declined by over.It is expected to complete in Q3 2017.Together with improved cross-sell at the acquired businesses, this helped pro forma gaming NGR rise 18 to 320.8m in 2016 (21 in constant currency).



To manage this risk, the Group maintains a dialogue (either directly or indirectly) with national governments and regulators of to-be regulated markets. .
Certain parts thereof are not included within this announcement.
Our principal risks fall into five broad categories which are set out below, along with how we seek to manage them.
The Group is committed to B2B and currently has an active pipeline of opportunities in line with our strategic focus.
A 250m Senior Secured six year term loan (the Term Loan) was significantly oversubscribed.Net Gaming Revenue (NGR) Revenue before deducting VAT Revenue Net Gaming Revenue less VAT (imposed by certain EU jurisdictions on either sports or gaming revenue) Sports Gross Margin Sports wagers less payouts Sports Gross Margin Sports Gross Margin divided by Sports wagers Sports Net Gaming.Our synergy target of 125m (combined Group savings against 2014) exit run rate by the end of 2017 remains on schedule.Growth was derived from a number of factors including, more focused management, stronger sports margins and more effective product cross-sell.The movement in exchange the sterling/euro rate between 31 December 2015 and 2 February 2016 created an additional.8m fair value loss on the option which has been recognised within exceptional items.A credit has been taken to the income statement for this in the year.


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