Tag Archives: JackpotJoy

The Stars Group completes legacy investments sell-off

BetBright

Updating the market, Toronto TSX-listed online gambling firm The Stars Group Plc has informed that it has completed a divestiture of all corporate legacy investments. The Stars Group confirms the complete the disposal of its 7.5% shareholding in London-listed online gambling firm Jackpotjoy Plc for net cash proceeds of $60 million. The company had alerted investors last week that it would proceed …

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The Stars Group sells entire stake in Jackpotjoy Plc for £45 million 

Toronto TSX online gambling firm The Stars Group has moved to sell its entire stake in London-listed Jackpotjoy Plc. Issuing a market update, Stars Group has detailed that it has sold 5.6 million shares (7.5% shareholding) at a target price of 802p per share, netting gross proceeds of £45 million. The transaction was carried out by Stars Group through subsidiary …

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Jackpotjoy secures new £385 million loan facility targeting long term group savings

Updating the market, London-listed online gambling group Jackpotjoy Plc has confirmed that it has secured a £385 million senior secured loan with additional access to a new revolving credit facility. Refinancing its organisation, Jackpotjoy governance will gain access to a £375 million senior loan, with a further £13.5 million made available to the operator via a Revolving Credit Facility. Jackpotjoy …

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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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Yggdrasil agrees Pinnacle deal

BetBright

Yggdrasil Gaming has agreed a deal to supply Pinnacle with its content and promotional tools. The deal with the online gaming operator will see popular Yggdrasil titles, such as Jungle Books and Pumpkin Smash, made available to its customers for the first time. To help support and promote the slots Pinnacle will be granted access to Boost, its collection of …

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Yggdrasil enters Danish market with Jackpotjoy partnership

Yggdrasil Gaming has made its first move into the Danish market with an agreement to provide its games and promotional tools to Jackpotjoy Group brands Vera&John and InterCasino. As part of the deal, both Vera&John and InterCasino will offer its customers in Denmark the full portfolio of Yggdrasil titles, including the latest slots release Jungle Book. The brands will also …

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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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Strange Days… New ‘M&A condition’ looking like a reality for UK betting players

2017’s industry agenda and context has been dominated by the UK government’s pending October triennial review of industry gaming machine stakes and advertising standards. Industry leadership and investors eagerly await the government’s judgement in what has become a high stakes political battle. Following 2015/2016’s mass industry consolidation, 2017 was initially marked as the ‘year of corporate integration and assimilation’, as …

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Jackpotjoy appoints Paddy McGuinness as new brand ambassador

Updating the market, Jackpotjoy Plc has announced English comedian and TV presenter Paddy McGuinness as the new face of Jackpotjoy.com McGuinness the lead presenter of ITV’s popular ‘Take Me Out’ show, succeeds actress Barbara Windsor as JackpotJoy’s new brand ambassador. Last week, Jackpotjoy launched its new ‘integrated advertising campaign’ which builds through a series of content on TV and online. …

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Jackpotjoy positive of future outlook following LSE progress

The governance of online gambling operator Jackpotjoy Plc has stated that it is ‘encouraged’  by its H1 2017 results, having debuted on the London Stock Exchange last January following its corporate migration from the Toronto TSX. Closing a busy H1 2017 (period ending 30 June), Jackpotjoy the world’s largest online bingo achieved group revenues of £147 million up 13% on …

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