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4 million) in associated ‘employment costs.”’Overriding optimism:But, Kenneth Alexander (pictured), Chief Executive Officer for GVC, used the press release to declare that his firm ‘retains a strong balance sheet’ as well as an undrawn revolving credit facility worth in the region of ￡550 million (5....

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’Read a statement from Alexander…“While we do not underestimate the challenge presented by coronavirus, we are in a robust position to manage the impact on our operations.Preceding triumph:Headquartered on the Isle of Man, GVC Holdings had earlier detailed a rise of 5% year-on-year in net gaming revenues for the seven weeks to February 23 with associated online takings improving by 16%.9 million) this year as a result of the ongoing global coronavirus pandemic....

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