Interactive

UK – JPJ completes acquisition of Gamesys 

By William - 1 October 2019

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 at the end of July. 

Effective from completion, the company has been renamed Gamesys Group plc. 

Neil Goulden, Executive Chairman of Gamesys Group plc, commented: “The completion of the acquisition of Gamesys marks an important milestone for the Company, creating a leading UK and international operator and offering customers an even greater choice of major brands and different games. 

“The Board and senior management team, led by Chief Executive Officer Lee Fenton, are now resolutely focused on integrating the two businesses and further enhancing our product and technology offerings. We are very excited about the opportunities and prospects ahead and look forward to providing further updates on the new Group.” 

Lee Fenton added: “The combination of two leading and complementary businesses has created an organisation with greater scale and capability which stands the new Gamesys Group plc in good stead as the competitive and regulatory environment continues to evolve. 

“With full operational control of technology and operations, an enhanced brand portfolio and our exceptional combined talent base, we are confident that we are well positioned to create significant opportunities for future growth.” 

Caption: Neil Goulden