GVC Holdings happily announced a strong Q3 on October 8, revealing their group net gaming revenue (NGR) had increased by 12%, spurred by online growth. The company cheered on a strong return to retail, and growth largely spurred by online play, while also announcing the acquisition of Bet.P

Online NGR lead the way for the quarter, with 26% growth for the quarter. The return of traditional sports betting aided that in some degree, with 24% growth coming in that area, and 27% from other gaming. On the year, the company has seen 21% growth overall from the online space.

The promising indicator had to be a return to retail. For the quarter, retail in the U.K. is now only 5% down in NGR, while the rest of European outlets saw growth for the quarter, rising 2%. The respective regions are still down on the year, 36% and 31% respectively, thanks to closures caused by the Covid-19 pandemic.

Shay Segev, GVC’s CEO who recently demonstrated his faith in the company by investing heavily in the company, commented: