Tag Archives: JPJ Group

Lighter JPJ Group focused on returning Jackpotjoy to growth

Publishing its full-year 2018 results, the governance of London-listed JPJ Group declares that it has delivered record revenues and corporate earnings, ahead of its market consensus. Completing year-two as an LSE enterprise, JPJ records a 10% increase in group revenues to £319 million (FY2017: £289m), despite its flagship Jackpotjoy (UK) brand delivering a flat revenue performance of £216 million Whilst …

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888 completes £18m Mandalay acquisition

Online gambling group 888 Holdings has completed its previously announced £18m takeover of number of JPJ Group brands, which include Costa Bingo, City Bingo and Sing Bingo. In February, 888 agreed to acquire a number of digital bingo brands from the Jet Management Group and Jet Media, which form the basis of the Mandalay operating unit. As a result of …

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Gaming Realms agrees on takeover of Bear Group

MGA - Copyright: opolja / 123RF Stock Photo

London-listed Gaming Realms has confirmed the sale of Bear Group, its real-money gaming operating subsidiary to River iGaming, whilst further offloading its 30 per cent share in River UK Casino. The sale was agreed for a cash consideration of £11.5m, which is set to include the settlement of the contracted deferred consideration of £4.2 million owed to Gaming Realms by …

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888 pens £18m deal to buy JPJ’s Mandalay

London-listed online gambling group 888 Holdings has agreed upon an £18m deal to acquire a number of JPJ Group brands, which include Costa Bingo, City Bingo and Sing Bingo. 888 has purchased a number of digital bingo brands from the Jet Management Group and Jet Media, who form the basis of the Mandalay operating unit. The online gambling group has …

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JPJ Group secures 2018 targets, outlining Vera&John as standout asset

Preparing to publish its 2018 full-year results, the governance of London-listed online gambling firm Jackpotjoy Group (JPJ Group) has issued a pre-close trading statement outlining expected results ‘at the upper end of current market expectations’. Updating investors, JPJ Group Chairman Neil Goulden highlights international asset Vera&John as the stand-out performer for 2018 trading. JPJ governance details that the firm’s international …

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IGRG – RGWeek 2018 will showcase industry’s responsibility drive

The governance of the Industry Group for Responsible Gambling (IGRG) has stated that ‘Responsible Gambling Week 2018’ (RGWeek – 1-7 November 2018) will showcase the sector’s latest sustainability, social responsibility and community-focused initiatives. Following the success of last year’s inaugural RGWeek, the IGRG details that all UK licensed gambling operators will participate in 2018’s edition, aiming to promote the public …

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JPJ Group divests Social Media division as company eyes H2 growth return

London-listed JPJ Group (formerly Jackpotjoy Plc) has published its H1 2018 interim results, confident of achieving its full-year market expectations, despite its flagship Jackpotjoy brand facing increased demands within the UK market. Updating the market, JPJ records year-to-date group revenues of £161 million, up 10% of corresponding H1 2017’s £147 million. Despite its revenue growth, JPJ records a 4% group …

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