International edition
September 16, 2021

To strengthen its global position in online bingo

Intertain completes JackpotJoy acquisition

Intertain completes JackpotJoy acquisition
The Intertain Group Limited has completed its acquisition of the Jackpotjoy, Botemania and Starspins operations from Gamesys saying the purchase is expected to add substantial free cash flow to its business allowing it to further target the female demogra
United Kingdom | 04/09/2015

The Intertain Group Limited has completed its acquisition of the Jackpotjoy, Botemania and Starspins operations from Gamesys saying the purchase is expected to add substantial free cash flow to its business allowing it to further target the female demographic in regulated markets.

T

he Intertain Group paid an initial purchase price of GBP 425.8 million.

Principal shareholder, founder and managing director of Gamesys Limited, Noel Hayden has joined the board of Intertain as a non-executive director following the closing of the acquisition effectively becoming the largest shareholder of Intertain, his shares subject to a two-year lock-up period.

“I’m delighted to complete this exciting deal and become part of Intertain’s strategy to further strengthen its global position in online bingo”, Hayden said. “Both our companies share this vision and I look forward to working with Fitz and the Intertain team to maximize value for Intertain shareholders.”

John Kennedy FitzGerald, chief executive officer of Intertain added:  “In addition to acquiring the world’s leading online bingo-led business, we have also entered into a long-term relationship with one of the most well respected technology and gaming operators, Gamesys.”

 

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook