UK-listed online gambling operator GVC Holdings says all its key numbers are up by double-digits so far in 2015, with the exception of its sports betting margin.

GVC issued a trading update on Tuesday covering the first 120 days of 2015. Average daily net revenue came to €658k, up 17.5% over the same period last year. Sports betting daily revenue is up 15.2% to €311k as betting turnover rose 21.4% to €4.6m per day. However, sports betting margins slipped nearly one full point to 8.75%. Non-sports gaming revenue was up 19.7% to €658k.

GVC CEO Kenneth Alexander said the board was “delighted by the strong start” and attributed the decreased sports margin to the punter-friendly results that so many of GVC’s peers have moaned about in their own Q1 results statements. GVC also announced that shareholders could expect to receive a 15.5€cents per share dividend as of Wednesday.

BET-AT-HOME GAINS DESPITE MARKETING CUTS