JackpotJoy Plc has posted impressive growth figures in its maiden results on the London Stock Exchange after the online operator’s move from Toronto and rebranding from the Intertain name. The firm has announced strong group financial performance on a like-for-like basis with revenue growth of 15% and adjusted EBITDA growth of 19%, with record cash generation for the year in the …
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The London Stock Exchange (LSE) welcomed its latest gaming/betting listed enterprise Jackpotjoy Plc this Wednesday. Debuting on the London exchange as the ‘world’s largest online bingo operator’ Jackpotjoy Plc, formerly Toronto TSX-listed Intertain Group closed its first day of LSE trading securing a share price of 645p. Headed up by new Chief Executive Andrew McIver, JackpotJoy had first stated its …
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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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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 …
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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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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 has announced the appointment of Neil Goulden as its new Chairman of the Board and Andrew McIver as the new CEO. With McIver’s appointment, John Kennedy Fitzgerald has resigned as CEO, and Brent Choi has also resigned from the Board. Neil Goulden has spent the last twenty-five years at the board level within a number of significant gaming and …
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Toronto TSX-listed online gambling operator Intertain Group Limited (Intertain) has reported a positive start to its 2016, recording group revenues of CAD $128 million (£68 million) for Q1 2016 performance (period ending 31 March). Updating the market, Intertain would report growth on all its core top-line fianancial metrics (performance statement below), with the company posting a period net income of …
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Toronto listed gambling investment firms buying industry assets in 2014 & 2015 were branded as game changers for the sector. In 2016 business-wide scepticism and criticism has grown of these merged enterprises and their governance, Scott Longley examines how and why opinion has turned on these new Canadian giants. ________________________________ David Baazov, the chief executive of Amaya, may be intent …
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As a result of an intensive review undertaken by an Independent Committee, Intertain has decided to shake up its management team. Chief Executive John FitzGerald will step down as CEO, while current CFO Keith Laslop will take on an operational management position at Intertain Bahamas. John FitzGerald has advised the Board of his belief that the core business assets for …
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