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 …
Read More »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 …
Read More »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 …
Read More »Jackpotjoy appoints media guru Andria Vidler as governance advisor
London-listed online gambling group Jackpotjoy Plc has confirmed the appointment Andria Vidler as a new Non-Executive Director advising company governance. Vidler is the current Chief Executive of business media and data publisher Centaur Media Group and is set advise Jackpotjoy governance on future enterprise and digital development strategies. Vidler has further media executive experience having worked as Chief Marketing Officer …
Read More »Home Comforts… Jackpotjoy completes a successful Year 1 as a London enterprise
Completing its first full year as a London Stock Exchange enterprise, online gambling group Jackpotjoy Plc, reports solid financial growth having restructured its operations and executive leadership. Supported by the growth of its core brand assets (Jackpotjoy, Mandalay and Vera&John) Jackpotjoy reports a 2017 group revenue increase of 14% to £304 million (FY2016: £266 million). Updating investors, Jackpotjoy reveals that …
Read More »Andy McIver departure sees Simon Wykes & Neil Goulden take leadership of Jackpotjoy Plc
Issuing a market update, London-listed online gambling group Jackpotjoy Plc has informed that Andy McIver is to step down as Chief Executive (CEO) of the company. McIver’s leadership departure will see Jackpotjoy appoint former Gala Coral MD Simon Wykes to the position of Group Managing Director. Moving forward, the senior management of all core group gaming assets; Jackpotjoy, Mandalay and …
Read More »Betfred Tote put on notice, as UK racing eyes new pools product for 2018
The Times has revealed that a group of UK racing stakeholders are preparing to establish a rival pool-based betting system to Betfred’s Tote, as the sport looks for new revenue streams. Led by the Jockey Club and Arena Racing Company (ARC), it is understood that 56 of the 60 UK racetracks have committed to the Tote rival venture which will …
Read More »Jackpotjoy seeks + £430 million London IPO
Confirming its full rebrand to ‘Jackpotjoy Plc’, Intertain Group governance is targeting a mid-October listing on the London FTSE. Moving away from its current Toronto TSX-listing, Intertain will debut Jackpotjoy Plc as the world’s biggest online bingo operator seeking a + £430 million London capitalization. Updating investors last week, Intertain governance announced that the company would be returning its headquarters …
Read More »Intertain to list on London Stock Exchange as ‘Jackpotjoy Plc’
Updating the market, Toronto TSX-listed Intertain Group (Intertain) has announced that it will hold a ‘special meeting of shareholders’ on the 23 September, outlining the firm’s plans to seek a full listing on the London Stock Exchange. The LSE listing planned for this October will see the firm renamed under its core brand ‘Jackpot Plc’, with Intertain governance moving its …
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