Tag Archives: neil goulden

Alizeti enters ‘new era for the Tote’ after finalising takeover

The UK Tote Group, the consortium of racing-backed investors formerly known as Alizeti, has revealed that it will begin a ‘new era for the Tote’ after confirming the completion of its acquisition of the UK’s pool betting operator for horse racing, making the group the sole owner.  Outlining its plans for brand development, the Group has placed a particular focus upon the modernisation …

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JPJ transitions to Gamesys Group Plc

The governance of JPJ Group declares a ‘new era’ for the company, as it completes its £490 million takeover of long-term technology partner Gamesys (transaction first announced 13 June). Completing its enlargement, JPJ Group changes its corporate identity to ‘Gamesys Group Plc’, trading on the London Stock Exchange under the new ticker of ‘GYS’ as of this morning. As previously …

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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

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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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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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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Britbet issues apology over Lingfield non-runner error

Britbet and the Tote have vowed to ensure that similar errors aren’t made in the future after the favourite in the last race at Lingfield on New Year’s Eve was marked as a non-runner on Tote screens at the course. The mistake came after well backed sprinter Stopdworldnletmeof was double declared at the meeting, therefore withdrew from an earlier race, …

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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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Britbet unites with Tote to significantly enhance UK pool betting

The Tote consortium and Britbet have reached a £50 million seven-year agreement to significantly elevated pool betting in the UK. The deal which will commence immediately, follows constructive discussions between the Tote consortium, made up of Betfred and Alizeti who are the current owners of the UK Tote, and Britbet, marks a significant landmark in progress for Tote betting within …

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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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