Tag Archives: JPJ Group

Gamesys moves compliance disciplines to TruNarrative’s ‘single platform’

London-listed Gamesys Group (formerly JPJ Group Plc) has moved to strengthen its customer on-boarding capacity appointing TruNarrative as its ‘single platform’ compliance solution provider. The agreement sees Gamesys utilise TruNarrative’s all-in-one compliance solution across its digital portfolio, providing provisions for fraud detection, ID verification, behavioural monitoring, AML and KYC referencing. Updating stakeholders, Gamesys detailed the importance of managing compliance enforcements …

Read More »

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 …

Read More »

JPJ Group terminates InterCasino and Vera&John’s UK presence

London-listed JPJ Group has confirmed that it will retire its Vera&John and InterCasino brands from the UK market, choosing to focus its home market presence through flagship domain Jackpotjoy. JPJ has communicated to existing UK customers that the online casino brands will be officially shut down on Tuesday 3 September, with the operator no longer accepting new player registrations. “We’ve …

Read More »

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 …

Read More »

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 …

Read More »

888 completes £18m Mandalay acquisition

Online gambling group 888 Holdings has completed its previously announced £18m takeover of number of JPJ Group brands, which include Costa Bingo, City Bingo and Sing Bingo. In February, 888 agreed to acquire a number of digital bingo brands from the Jet Management Group and Jet Media, which form the basis of the Mandalay operating unit. As a result of …

Read More »

Gaming Realms agrees on takeover of Bear Group

London-listed Gaming Realms has confirmed the sale of Bear Group, its real-money gaming operating subsidiary to River iGaming, whilst further offloading its 30 per cent share in River UK Casino. The sale was agreed for a cash consideration of £11.5m, which is set to include the settlement of the contracted deferred consideration of £4.2 million owed to Gaming Realms by …

Read More »

888 pens £18m deal to buy JPJ’s Mandalay

London-listed online gambling group 888 Holdings has agreed upon an £18m deal to acquire a number of JPJ Group brands, which include Costa Bingo, City Bingo and Sing Bingo. 888 has purchased a number of digital bingo brands from the Jet Management Group and Jet Media, who form the basis of the Mandalay operating unit. The online gambling group has …

Read More »

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 …

Read More »

IGRG – RGWeek 2018 will showcase industry’s responsibility drive

The governance of the Industry Group for Responsible Gambling (IGRG) has stated that ‘Responsible Gambling Week 2018’ (RGWeek – 1-7 November 2018) will showcase the sector’s latest sustainability, social responsibility and community-focused initiatives. Following the success of last year’s inaugural RGWeek, the IGRG details that all UK licensed gambling operators will participate in 2018’s edition, aiming to promote the public …

Read More »