GVC makes new appointment

GVC Holdings has announced that it has appointed a Director of Investor Relations and External Communications.

US.- GVC Holdings has announced the appointment of David Lloyd-Seed to the role of Director of Investor Relations and External Communications. Lloyd-Seed will report directly to the CFO Rob Wood.

The new appointee will be responsible for leading the group’s strategic external communication with investors, the city and a range of key stakeholders. He will assume his new position in March, ahead of the publication of GVC’s full-year results.

Rob Wood, CFO of GVC Holdings, commented: “David brings a huge wealth of experience and expertise to the Group from the City and as a strategic advisor and communicator. His appointment adds further strength and depth to our management team and I am delighted to welcome him on board.”

David Lloyd-Seed, incoming Director of Investor Relations and External Communications for GVC Holdings said: “I am delighted to be joining GVC and am looking forward to working with the most dynamic management team in the sector. This is a hugely exciting time for GVC as it consolidates its position as a global industry leader, continues to expand into newly regulated markets, and leads the industry in responsible gambling.”

GVC’s investigation gets heavy criticism

Amid several questions over the VIP segment in the UK, GVC Holdings was tasked with an investigation into it. However, some MPs have branded the decision as “a conflict of interest and woefully naive.”

Conservative MP Sir Iain Duncan Smith, who also sits on the APPG for Gambling Related Harm, said it was a “bizarre” decision by the Gambling Commission (UKGC).

“The Gambling Commission needs to be reformed,” he said. “This really does show you where the thinking has gone completely wrong. It’s like putting the mafia in charge of looking into organised crime.”