GVC Holdings PLC to Discuss Clear Strategy for Sustainability, Growth and Innovation Presentation Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Christine Zhou - RBC Capital Markets, Research Division - Analyst : A couple of questions on the U.S., please. Firstly, in terms of the actual customer experience on your BetMGM app, how do you think you differentiate that compared to peers? I suppose, linked to that, how sticky do you find your customers? And what is it that brings them back to BetMGM over other apps? And secondly, just in terms of your responsible gambling strategy, how are you viewing this in the context of the U.S. specifically? And I guess that's in light of the amount of marketing spend that's coming through both for you and for the industry more generally as a whole. And are you worried that there's not enough focus on this industry-wide in the U.S. in particular?

Question: Richard Paul Stuber - Numis Securities Limited, Research Division - Analyst : 3 questions, please. The first one is on esports. I'm talking about the greater emphasis into esports. How sort of is that consistent with your strategy to increase sort of regulation and responsible gambling because I would presume that the esports market is slightly less regulated. Player integrity may be slightly lower and also greater exposure to under age of gambling in that product. That would be interesting to hear your thoughts on that. The second question is on the U.S. You've spoken a lot about how sort of differentiated your product is. Can you also talk about pricing as well? One of your competitors said yesterday that they are pricing pretty aggressively in terms of margins. Is that -- are you also sort of competing on the price side there? And do you expect those margins to remain low? And the final question is just talking about sort of exiting markets which there's no survivable route to regulation is perhaps 3% of group revenue, or I guess, about [GBP 100 million]. Could you just confirm to which markets you will be existing? So which markets you'll be exiting? And just sort of finally, when you say -- when you sort of consider a viable path, what does that actually sort of mean? Does that mean that there's legislation already sort of happening in Parliament? Or what is your definition of a viable path?