Tag Archives: Gamesys

JPJ Group navigates UK headwinds as firm prepares for Gamesys enlargement

SBC News 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 …

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

SBC News 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 …

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

gambling commission

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 …

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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 …

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Vera&John delivers for JPJ against a tougher UK backdrop

SBC News Vera&John delivers for JPJ against a tougher UK backdrop

The governance of London-listed online gambling firm JPJ Group Plc signs off on its latest Q3 2018 trading update (period ending 30 September), confident of delivering on its full-year 2018 corporate expectations. Reporting increased customer activity across its overall portfolio, while maintaining a higher gaming revenue per customer of £99 (10% increase), JPJ records Q3 revenues of £78 million- up …

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Winning Post – UK remote growth a margin call?

Copyright: weerapat / 123RF Stock Photo

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. UK: remote market – Supernormal margins, not supernormal growth… 2017 has been a year of mixed messages for UK remote gambling. A number of commentators have referred to …

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William Hill announces hospitality guru Roger Devlin as new Chairman

Copyright: baz777 / 123RF Stock Photo

Roger Devlin is to leave his post as Chairman of Sports Information Services (SIS) after nine years, to become Group Chairman of William Hill. Departing his role at SIS on January 31 next year, Devlin will is to become the William Hill Chairman Designate on February 1, before being appointed Chairman when current incumbent Gareth Davis steps down on April …

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Andrew McIver – Jackpotjoy Plc – Good to be Home…

SBC News Andrew McIver - Jackpotjoy Plc - Good to be Home...

Andrew McIver Chief Executive of Jackpotjoy Plc, the latest industry incumbent to list on the London Stock Exchange (date January 2016), speaks to SBC on bringing the world’s leading online bingo operator ‘closer to home’.  McIver breaks down Jackpotjoy changes and corporate ambitions following a  crucial and busy six-month period as a London enterprise…   ___________________________ SBC: Hi Andrew, the …

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JackpotJoy CEO hails strong results despite ‘turbulent year’

SBC News JackpotJoy CEO hails strong results despite ‘turbulent year’

JackpotJoy Plc has posted impressive growth figures in its maiden results on the London Stock Exchange after the online operator’s move from Toronto and rebranding from the Intertain name. The firm has announced strong group financial performance on a like-for-like basis with revenue growth of 15% and adjusted EBITDA growth of 19%, with record cash generation for the year in the …

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