Tag Archives: Gamesys

Enlarged Gamesys returns to UK growth eyeing FTSE250 spot 

The governance of LSE-listed Gamesys Group, formerly JPJ Group, has cited confidence in achieving its corporate objective of indexing as a FTSE250 firm within the coming months. Publishing its full-year 2019 results, a new look Gamesys has reported a 35% increase in corporate revenues to £415 million (FY2018: £308m), citing ‘high organic growth’ achieved across the UK and Asia.  Corporate …

Read More »

Cash-focused Gamesys sanctions £40m debt repayment 

Gamesys Group Plc has sanctioned a £40 million repayment of its GBP corporate debt to rebalance the firm’s accounts and allow for stronger cash generation.  The approved transaction sees Gamesys lower its long-term GBP corporate debt by 15%, resulting in an outstanding debt reduction of 7% for its combined GBP and EURO tranches. Gamesys governance underlined that the significant debt …

Read More »

Affiliate leaders confirmed for CasinoBeats Malta 2020

Attendees of CasinoBeats Malta 2020 will benefit from the expertise of both affiliates and operator affiliate managers as more leading companies and senior executives have been confirmed for the March event. The agenda for the premier online casino conference and exhibition, which takes place at the InterContinental Malta on 24-26 March, makes CasinoBeats Malta 2020 one of the key dates in this year’s …

Read More »

Playtech selects TruNarrative as network compliance lead

FTSE gambling group Playtech Plc has strengthened its compliance and transactional monitoring capacities by integrating TruNarrative ‘single platform’ KYC solutions. The partnership will see Playtech B2C customers benefit from a single platform managing compliance provisions for age and ID verification, document validity, PEP, sanction screening, KYC referencing and further customer protections. In its update, Playtech management details that it has …

Read More »

Gamesys moves compliance disciplines to TruNarrative’s ‘single platform’

London-listed Gamesys Group (formerly JPJ Group Plc) has moved to strengthen its customer on-boarding capacity appointing TruNarrative as its ‘single platform’ compliance solution provider. The agreement sees Gamesys utilise TruNarrative’s all-in-one compliance solution across its digital portfolio, providing provisions for fraud detection, ID verification, behavioural monitoring, AML and KYC referencing. Updating stakeholders, Gamesys detailed the importance of managing compliance enforcements …

Read More »

GambleAware receives £5.4m in donations for Q1 and Q2

According to recent figures released by GambleAware, UK operators Bet365, GVC Holdings and William Hill have again topped the list of donations received by the industry charity, for the period between 1 April 2019 – 30 September 2019. The charity had received £5.4m in pledges and donations for Q1 and Q2 of this year, however this does not include funds …

Read More »

JPJ Group navigates UK headwinds as firm prepares for Gamesys enlargement

The governance of London-listed JPJ Group Plc maintains confidence in the firm’s future prospects, as the company moves to fully integrate operating partner Gamesys, enlarging its commercial capacity. Publishing its interim H1 2019 trading update (period ending 30 June), JPJ records a 14% increase in corporate revenues to £170 million (H12018: £149 million), driven by the ‘strong organic growth’ of …

Read More »

JPJ Group moves on enlargement by acquiring Gamesys for £490 million

The governance of London-listed JPJ Group Plc has this morning confirmed that it has reached a ‘conditional arrangement’ to acquire operating partner Gamesys Limited outright. JPJ has put forward a £490 million transaction, moving to acquire Gamesys platforms and the operated brands of Virgin Games, Virgin Casino, Monopoly Casino, and Heart Bingo. Founded in 2001, Gamesys is the former operating …

Read More »

Gamesys to pay £1.2m for social responsibility & AML failures

Online gambling operator Gamesys (Gibraltar) Limited will pay £1.2m for failing to prevent gambling harm and breaching money laundering regulations, the UK Gambling Commission (UKGC) has announced this morning. Gamesys operates the newly launched Virgin Bet, sports data site Live Score and a range of further igaming sites. The regulator launched an investigation into the operator’s processes after police investigations revealed …

Read More »

Round table – SBTech: The future of sportsbook personalisation

SBTech

Some of the leading suppliers to the sports betting industry offered their insights into the future for sportsbook personalisation based on automated customer segmentation, advanced behavioural analysis and predictive AI-driven models. The first round table participant was SBTech, who this week was chosen by Gamesys as platform provider for the new Virgin Bet brand in the UK. The company was …

Read More »