GVC Buzzing About Brazil, Unflustered By Flutter-Stars Merger

GVC is looking for BetMGM to capture a 10-15 percent share of New Jersey’s sports-betting market by mid-2020, but is almost as excited about Brazil as the United States, CEO Kenny Alexander said on Wednesday.

Speaking after publication of a third-quarter trading update, the GVC Holdings boss said Brazil was a potentially “very large” market that should continue to grow at a rapid clip once fully regulated, potentially late next year.

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