The company was founded in 2004 in Luxembourg as Gaming VC Holdings. In 2016 GVC acquired bwin, Party Digital Entertainment and two years later also the Ladbrokes Coral Group, thus becoming the largest high street bookmaker in the UK. Nowadays the group boasts more than 20 gaming brands, 900+ games offered online and over 3,500 Ladbrokes and Coral betting shops.
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On the other hand, other countries maintain a state monopoly on internet gaming, or ban it completely. Following the acquisition of Cashcade in 2009, bwin.party took control of a B2C portfolio of online bingo brands including Foxy Bingo, PartyBingo and Cheeky Bingo. Cashcade was the first company to promote online bingo to a mass market via television advertising and was first to develop the “free bingo” concept to attract new customers. Bwin began offering bingo at the end of December 2009 when its Italian subsidiary, Gioco Digitale, launched bingo as the first authorised Italian private online gaming operator.
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