Tag Archives: Simon Wykes

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 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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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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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 …

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Strong brand portfolio sees Jackpotjoy Plc confident of hitting full 2017 expectations

Publishing its Q3 2017 trading update (period ending 30 September), London-listed online gambling group Jackpotjoy Group Plc has detailed robust growth across its brand portfolio, with the operator confident of achieving its full-year corporate expectations. The strong revenue momentum recorded across its principal brands of; Jackpotjoy (up 12%) and Vera&John (up 28%), would see the company declare period group revenues …

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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 …

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Gala Bingo joins Senet Group watchdog

  UK independent gambling watchdog the Senet Group has confirmed Gala Bingo as its latest industry member. Gala Bingo becomes the first bingo operator to join the Senet Group, which aims to promote greater industry standards relating to advertising/marketing, operational practices and the forming of further socially responsible measures. The bingo operator joins the Senet Group main body, which includes …

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Caledonia Investments plc completes purchase of Gala Bingo

Caledonia Investments plc has announced that it has completed the purchase of the UK’s largest retail bingo operator, Gala Bingo, from Gala Coral Group. Caledonia acquired 130 Gala Bingo clubs for a fee of £241m. Gala Bingo was formed in 1991 and currently holds a 38% share of the retail bingo UK market. It’ll continue to trade under the Gala brand …

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Suitors eye up Gala Bingo acquisition

A group of potential acquiring companies interested in Gala Coral Groups retail bingo division, Gala Bingo has been revealed by UK business news sources. Gala Coral governance has been in the process of selling its 130 retail bingo halls, either via a complete division acquisition or individual sale of the division assets. UK business news sources have named German gambling …

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