GVC Holdings announces acquisition of Neds online sportsbook

GVC Holdings plc, the multinational sports betting and gaming group, is pleased to announce the acquisition of Neds International for an initial A$68 million (cGBP 37million), with a total maximum consideration of up to A$95 million.

Neds International is a relatively new entrant into the Australian digital sports betting market, having launched in 2017.

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