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 »
Industry games and content provider iSoftBet has announced that it has reached an agreement to supply its games portfolio to Jackpotjoy Group European online casino brand Vera&John. Under the new agreement, iSoftBet will offer its entire portfolio of original and branded games, playable via desktop and mobile, to Vera&John mobile and desktop verticals. Also included in the deal is iSoftBet’s …
Read More »
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 …
Read More »
Presenting its Q2 2016 results (period ending 30 June), Toronto TSX-listed igaming operator Intertain Group (Intertain) has reported revenue growth throughout all its core brands’ Jackpotjoy, Vera&John and Mandalay. The igaming operator closes its Q2 2016, recording total group revenues of CAD $118 million (£70 million) up 22% on corresponding Q2 2015 CAD $97 million. Intertain revenue growth would transmit …
Read More »
Yggdrasil has launched its first pooled progressive jackpot, Joker Millions, which will be available to players from the end of February and comes with an expected fall out value of €1.3m. Joker Millions is billed as an exciting game – and not only when playing the jackpot spins. Unlike most online progressive jackpot slots, the base game has a deep …
Read More »
Canadian gaming group The Intertain Group has agreed to buy Malta-based operator Vera&John for €81m, with a potential of another €8.1 should the firm perform to certain standards. Intertain revealed that it has entered into a non-binding letter of intent to acquire Vera&John parent company Dumarca Holdings Limited using €44.5 million in cash and €36.5 million in common shares. The …
Read More »
SBC News Voice of the Sports Betting Industry