The transaction was completed in March and the anticipated savings are estimated for the period until 2021.
"It is very early days since the completion of the acquisition of the Ladbrokes Coral Group, but from what I have seen so far I am excited about the opportunities and even more confident of delivering shareholder value,” said Kenneth Alexander, GVC chief executive.
“The online operations continue to grow strongly and this is before we have started to implement best in practice across the enlarged group.”
GVC said it saw 18% growth in online net gaming revenue in the first 20 weeks of the current financial year, on a constant currency basis.
The company added that it had been a good start to the year despite the well publicised impact on UK retail businesses from the adverse weather.