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Tag Archives: Gamesys

US – Bally’s and Gamesys secure shareholder approval for business combination

Bally’s and Gamesys have announced that each company has obtained the requisite votes for all shareholder approvals related to the proposed business combination. Closing of the transaction, which is subject to customary conditions including regulatory approval, is expected to take place during the fourth quarter of 2021. “We are very pleased to have received our…

UK – Bally’s and Gamesys confirm terms of combination

The boards of Bally’s and Jackpotjoy parent Gamesys have agreed upon the definitive terms of the combination and completed reciprocal due diligence. Bally’s and Gamesys’ boards of directors believe that the combination has a compelling strategic and financial rationale, would create long-term value for both companies and would be consistent with the companies’ respective long-term…

UK – Bally’s makes play for Gamesys as it continues its growth strategy

North American omni-channel gaming group Bally’s, which owns a host of land-based and digital gaming brands in the US, has agreed a top-line $2bn deal with the founders of UK-facing online gaming operator Gamesys, which also runs the online arm of Atlantic City’s Tropicana Casino and Virgin Casino in the US. Bally’s has proposed acquiring…

UK – Gamesys CEO praises ‘tremendous performance’ in 2020

Ahead of publishing its full year results for 2020, Gamesys CEO has praised the group’s ‘tremendous performance’ during 2020. After a continued strong performance in Q4, the board of Gamesys is confident that the company will report 2020 revenue and adjusted EBITDA ‘at, or above, the upper end of current market expectations’. Following the merger…

UK – Push Gaming signs content deal with Gamesys

Push Gaming has signed a partnership with Gamesys in a content deal which will take its entire suite of titles live with the operator’s roster of brands. Under the agreement, Push Gaming is set to integrate titles such as Joker Troupe, Jammin’ Jars and its latest release, Mystery Museum, directly into Gamesys’ network via the…

UK – Gamesys reports 31 per cent revenue rise in Q3

Gamesys Group has reported strong performance in the third quarter of 2020 with total revenues increasing by 31 per cent to £190m compared to Q3 2019 on a proforma basis. Revenues in percentage terms increased by high double-digits in Asia and there was solid performance in the UK. In Europe, Spain continued to make progress…

SG Digital & Gamesys: Ripe for reinvention

Rainbow Riches is a landmark brand that has bridged the divide between every gaming sector, from land-based street gaming to casino, crossing seamlessly to online and mobile. SG Digital’s Rob Procter and Gamesys’ Nick Wright discuss one of gaming’s great IP perennials. There are a number of big brands within slots, many of which have…

UK – JPJ completes acquisition of Gamesys 

The JPJ Group has announced the completion of the acquisition of Gamesys, excluding sports brands and games.  The news follows the announcement on 13th June that the online bingo-led operator had entered into a conditional agreement to effect the Acquisition for a mixture of cash and JPJ shares. Shareholder approval for the acquisition was granted…

UK – UK Gambling Comission fines Gamesys £1.2m

Online gambling operator Gamesys (Gibraltar) Limited will pay £1.2m for failing to prevent gambling harm and breaching money laundering regulations. The Gambling Commission launched an investigation into the operator’s processes after police investigations revealed three individuals had spent stolen money with the gambling business. It was discovered that despite customers displaying behavior that could indicate…