Last updated on: September 12th, 2024
GVC Holdings Review
While its name sounds like it belongs on Wall Street, this GVC Holdings review actually covers an online gambling company based on the Isle of Man. GVC Holdings provides sports betting and gaming services to both online and retail gambling locations all over the world. The company was founded in 2004 and has gradually expanded its operations and holdings to become a major player in the legal sports betting industry. GVC Holdings was not able to accept U.S. customers for a long time, but the company recently re-entered the U.S. market.
- Note that they go by the name Entain now and are partial shareholders in BetMGM, Borgata Bingo, and the Stadium Technology Group.
GVC Holdings Review Of It’s History In The US
GVC Holdings and the US have a complicated history. Back in 2004, the company was free to operate online sportsbooks in the US, but with the passing of UIGEA in 2006 GVC Holdings were no longer able to operate their online sportsbooks in the US. Since then, the company has not operated in the US. But that is slowly changing. When the Professional and Amateur Sports Protection Act (PASPA) was overturned by the Supreme Court of the United States in 2018, states gained the ability to create their own sports betting laws.
States That GVC Holdings Operates In
GVC Holdings has established enclaves in Nevada, Mississippi, and New Jersey. The company is partnered with the Beau Rivage Resort and Casino in Mississippi and the Borgata Casino in New Jersey. GVC was in the process of slowly expanding its foothold in states with legal sports betting, but plans were stunted by the COVID-19 pandemic.
Partnerships That GVC Holdings Has In Place
Entain operates various consumer-facing brands in the online gambling industry. These include Betboo, established in 2005 and catering to the South American market, acquired by GVC Group in 2009. BetMGM, a joint venture with MGM Resorts International since 2018, targets the U.S. sports betting and online gaming market. bwin, Entain’s main sports betting brand in Europe, operates in countries like Germany, Italy, and Spain, and has sponsored several prominent football teams. Gamebookers, a full-service sportsbook, was acquired by GVC in 2016. The Ladbrokes and Coral brands joined Entain’s portfolio in 2018, following the acquisition of Ladbrokes Coral Group. Neds, serving the Australian market, was acquired in 2018. Sportingbet, established in 1998 and acquired by GVC in 2013, offers online and mobile sports betting, casinos, games, and poker.
- One of the most recent investments Entain has accomplished is in esports with their deal with Unikrn. Over the years, this expanded and other deals have come in based on their connection.
Can I Bet With GVC Holdings in the US?
GVC Holdings (Entain) cannot serve US customers due to the current regulations.While you cannot access GVC Holding’s sportsbook while in America, there are still tons of terrific legal sportsbooks online ready to serve US customers. In terms of GVC Holdings, their current sole access to US customers is through their partnership with MGM Resorts.
Does GVC Holdings Have Odds For US Sports?
While GVC is based in the United Kingdom, you will still find odds for games in the NFL, NBA, MLB, and even NHL. The platform will certainly feature soccer, darts, rugby, and other British popular sports on the forefront, but there will still be plenty of betting action to be had on American sports. You may not find some smaller college football games to bet on or minor league sports, but for the most part, GVC Holdings will handle all of your sports betting needs.
