Tag Archives: Intertain Group

JPJ Group terminates InterCasino and Vera&John’s UK presence

London-listed JPJ Group has confirmed that it will retire its Vera&John and InterCasino brands from the UK market, choosing to focus its home market presence through flagship domain Jackpotjoy. JPJ has communicated to existing UK customers that the online casino brands will be officially shut down on Tuesday 3 September, with the operator no longer accepting new player registrations. “We’ve …

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Jackpotjoy posts solid Q1 results across all divisions

London-listed online gambling group,  Jackpotjoy Plc has reported overall revenue growth of 13% for Q1 2018 performance, supported by rising group revenues from both its flagship Jackpotjoy brand (JPJ) and Vera&John European gaming division.  The JPJ brand witnessed group revenue of 74%, with gaming revenue growth of 7% year-on-year; while Vera&John saw group revenue rise 26% and revenue growth 35%. However both brands also saw …

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Jackpotjoy Plc appoints Irina Cornides as CEO of gaming properties

Updating the market, London-listed igaming group Jackpotjoy Plc has confirmed the promotion of Irina Cornides as CEO of its Jackpotjoy gaming division, the operator’s flagship online gambling brand. Cornides is promoted to the PLC leadership position, having served as Chief Revenue Officer for Intertain Bahamas, the former holding company for Jackpotjoy assets under the management of Intertain Group (Toronto TSX). …

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Intertain sets target date for LSE listing

Issuing a corporate statement Intertain Group Limited (Intertain), has announced that it expects its full listing on the London Stock Exchange under new entity ‘Jackpotjoy Plc’ to take place on Wednesday 25 June. The company had first announced its intention to migrate its corporate listing from the Toronto TSX to London’s LSE in August 2016. Presenting plans to its investors, …

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Currency strains impact Intertain Q3 2016 performance

Impacted negatively by the depreciation of pound sterling against the Canadian dollar, Toronto TSX-listed Intertain Group (Intertain) has recorded a 7% drop in corporate revenues to CAD $113 million for its Q3 2016 performance (period ending 30 September). The operator who is preparing to float on the London Stock Exchange under its core brand ‘Jackpotjoy Plc’ would close its Q3 …

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Intertain narrows losses to CAD $27.5 million as company seeks London listing

Presenting its Q2 2016 results (period ending 30 June), Toronto TSX-listed igaming operator Intertain Group (Intertain) has reported revenue growth throughout all its core brands’ Jackpotjoy, Vera&John and Mandalay. The igaming operator closes its Q2 2016, recording total group revenues of CAD $118 million (£70 million) up 22% on corresponding Q2 2015 CAD $97 million. Intertain revenue growth would transmit …

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Intertain Group pushes for London Stock Exchange listing

Updating the market, Intertain Group governance has informed investors that it plans to list on the London Stock Exchange with a view to ‘enhance shareholder value’ by placing its operations closer to its core markets of the UK and Europe.   At present Intertain Group operator of European igaming brands; Jackpotjoy, Vera&John, Costa Bingo and InterCasino is listed on the …

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Intertain Group governance fights back against Spruce Point mismanagement accusations

The governance of Toronto listed igaming operator Intertain Group (Intertain) has labelled New York hedge fund Spruce Point Capital Management as a “self identified short-seller of the company’s common shares”. Intertain governance further stated that its damning 120 page dossier published last week attacking the firm’s acquisitions, governance, corporate performance reporting and financial management were simply “self-serving and misleading”. The …

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Gamesys brands boost Intertain Q2 revenues

Having completed its £425 million acquisition of Gamesys in April, Toronto listed Intertain Group has reported a group revenue surge of CAD $95 million for its Q2 2015 performance (Q2 2014 – CAD $5.6 million). Factoring in costs of its Gamesys acquisition during the period Intertain governance would issue an adjusted net income of CAD $24.5 million. Reporting on an …

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Intertain Group acquires Gamesys for $650 million

Canadian online gambling operator Intertain Group announced on Thursday the acquisition of Gamesys in a deal estimated to be valued at $651 million (£426 million). The acquisition will see Intertain Group acquire Gamesys B2C assets, which will include leading UK online bingo brand jackpotjoy.co.uk, as Intertain Group seeks to expand its presence in the online gambling market. Intertain Group issued …

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