Сhoose your country:

us au ca de dk fi fr no nz be

JPJ Group Set to Acquire Gamesys

LONDON, UK/ ACCESSWIRE/ September 26, / JPJ Group plc, offer to purchase or subscribe for any shares or other securities in JPJ group plc As set out in the Company's combined circular and prospectus dated JPJ, formerly known as Jackpotjoy, is set to pay £m ($m) to acquire Gamesys Holdings Ltd. The deal will involve JPJ paying. No account has been taken of the financial performance of JPJ since 31 Decemberthe financial performance of the Target Business since 31 Decembernor of any other event save as disclosed above. Simon Wykes will assume the role of Transition Director at Completion for a month period from completion of the Acquisition "Completion".

award award award award
1
Mybookie

Exclusive BonusGet up to 750$

  • Payout - 97.95%
  • Total Bonus - 750$
2
Cafe Casino

Exclusive Bonus500% match bonus + $10 free chip bonus!

  • Payout - 97.80%
  • Total Bonus - $3000
3
Slots of Vegas

Exclusive Bonus250% deposit bonus + 30 free spins

  • Payout - 97.80%
  • Total Bonus - $1000
4
luckycreek.com

Exclusive Bonus100% match, 25 free spins

  • Payout - 97.80%
  • Total Bonus - $1000
5
Vegascrest Casino

Exclusive Bonus100 free spins + 2500$ bonus

  • Payout - 97.80%
  • Total Bonus - $2500
6
Ignition Casino

Exclusive Bonus$2000 welcome bonus

  • Payout - 97.86%
  • Total Bonus - $2000
7
Sloto'Cash Online Casino

Exclusive Bonus$7777 welcome bonus + 300 free spins

  • Payout - 97.53%
  • Total Bonus - 7777$
8
Bovada Casino

Exclusive Bonus$3000 casino welcome bonus

  • Payout - 97.80%
  • Total Bonus - 3000$
9
BigDollar

Exclusive Bonus99% bonus + $10 bonus

  • Payout - 97.80%
  • Total Bonus - 1000$

JPJ GROUP TO ACQUIRE GAMESYS FOR £M, AND REBRAND AS GAMESYS GROUP - casinoslotslet.com - JPJ Group Set to Acquire Gamesys

Rating: 3 / 5 based on 1257 votes.
JPJ : Strategic Combination of JPJ Group plc and Gamesys | MarketScreener (together, the "Group"), and is being furnished to each recipient solely for its The information set out in this presentation is indicative and for discussion JPJ to acquire Gamesys, excluding sports brands and games, (the. Technical Rankings. Delivering attractive financial benefits to the Enlarged Group. The JPJ Directors believe this will create the conditions for a virtuous cycle leading to opportunities to increase growth and profitability.

JPJ Group lauds ‘strategic’ £490m Gamesys deal


Affiliate 1xPartners. Within current liabilities, movement to accounts payable and accrued liabilities from employee benefit liabilities and provisions. The Acquisition ensures full strategic alignment, business continuity and minimisation of execution risk. The Target Business defines average active customers "TB Average Active Customers" as being real money customers who have placed at least one bet in a given month. Gamesys does so pursuant to the Tropicana Licence Agreement as well. Upon expiration of the initial term, the Tropicana Licence Agreement automatically renews for additional successive two-year terms unless and until either party provides written notice of non-renewal at least ninety 90 days prior to the end of the then current term. JPJ may terminate the service agreements on 12 months' written notice at any time. The JPJ Directors expect there to be annualised cost savings from the Acquisition of single digit millions Sterling, expected to be realised within the first full financial year following Completion. Cost savings as a result of the Acquisition The JPJ Directors expect the Enlarged Group to achieve annualised cost savings arising from the Acquisition in the sum of single digit millions Sterling, which are expected to be realised within the first full financial year following Completion. Regily Remote was designed to help accelerate affiliate traffic conversion for online brands, by enabling users to proceed directly to the brand already logged-in and ready to use the service. Over the past three years, Gamesys has delivered double digit growth in net revenues and adjusted EBITDA, underpinned by strong key performance indicators. The Operating Agreement contains previously agreed arrangements under which JPJ has been planning to acquire staff, both from the Gamesys Group and externally, together with additional office accommodation at cost levels greater than those passed through under the Operating Agreement. The site features bespoke Hasbro games, as well as Gamesys and third-party games. With several years experience in the igaming and sports betting industries in Malta under his belt, over the last few years Oliver has developed a passion for blockchain and an interest in esports. Thereafter, the Directors expect a resumption of stronger revenue growth across the enlarged UK business. Technical Rankings. For shareholders, we expect the Acquisition to deliver earnings accretion in the first full financial year of ownership, while our employees will benefit from the combination of two companies with a strong commitment to responsible gaming and where the greater scale will further enhance our product development and technology capabilities. The net assets of the Target Business will be subject to a fair value restatement as at the effective date of the transaction. Persons needing advice should consult an independent financial adviser. Current liabilities. The initial term of the Monopoly Website Agreement has since been extended to expire on 31 December Employee bonuses related to disposal of business operations. Greater scale can lead to optimised marketing, faster algorithm development, richer personalisation and campaign targeting, and vibrant social chat rooms. Target Business income statement for the year ended 31 December Interest received. The consolidated income statement of the Target Business for the year ended 31 December has been derived as set out below:. Accounts payable and accrued liabilities. All Land-based Online Slots. Forward-looking statements speak only as of the date of such statements and cannot be relied upon as a guide to future performance. Pursuant to a separate agreement entered into between SGW and Gamesys Limited on 5 October the "Monopoly Branded Games Agreement" , Gamesys Limited was granted the right to develop casino-style games themed on Hasbro's intellectual property. These forward looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "envisages", "plans", "projects", "anticipates", "targets", "aims", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. You may like. A fee will be charged by the licensor for the licence based in part on the net revenue earned by the Target Business from the games. Summary information on Gamesys The Target Business is a developer of platform software and bingo games for, and an operator of, real money online gaming websites and apps. Strategic Combination of JPJ Group plc ("JPJ" or the "Company") and aligned Enlarged Group with a strong financial profile set to compete in an JPJ to acquire Gamesys, excluding sports brands and games, for a total.


JPJ Group Set to Acquire Gamesys - JPJ Group lauds ‘strategic’ £m Gamesys deal - CasinoBeats


Purchase of tangible assets. Current liabilities. Foreign exchange loss. Principal Agreements in connection with the Acquisition. Promotions are critical to the success of bingo games on the sites and are intended to grow liquidity by increasing the volume of play. The website does not offer third party bingo games. Interest income. Net income before taxes from continuing operations. Other long-term receivables. Sale of business operations. However, no quantification of this potential additional benefit has yet been assessed. For shareholders, we expect the Acquisition to deliver earnings accretion in the first full financial year of ownership, while our employees will benefit from the combination of two companies with a strong commitment to responsible gaming and where the greater scale will further enhance our product development and technology capabilities. Interest expense. Anything that benefits good causes is great, but we predict this will receive some backlash from those concerned it will divert customers away from the National Lottery — which has long funded good causes across the UK. The person responsible for arranging for the release of this announcement on behalf of the Company is Dan Talisman, Company Secretary. More news. Over the past three years, Gamesys has delivered double digit growth in net revenues and adjusted EBITDA, underpinned by strong key performance indicators. The JPJ Board remains committed to returning excess cash to shareholders, when it can do so on a progressive and sustainable basis.


GAMESYS GROUP PLC


This Announcement is for information only and, save as expressly set out herein, does not constitute an offer or invitation to underwrite, subscribe for or otherwise acquire or dispose of any securities or investment advice in any jurisdiction, including without limitation, the United Kingdom, the United States, Australia, Canada, Japan, Jersey or South Africa. However, no quantification of this potential additional benefit has yet been assessed. In these unusual times we are reminded of the power of games to delight, to educate, and ultimately to unite. Both would be eligible to participate in JPJ's long term incentive plan and in JPJ's annual discretionary bonus scheme. Total net assets. The net assets of the Target Business as at 31 December have been derived as set out below:. The Warrant Holder shall be entitled to exercise the warrants and subscribe for the relevant JPJ shares for a period of five years or until completion of a takeover of JPJ, if earlier. Current liabilities. For shareholders, we expect the Acquisition to deliver earnings accretion in the first full financial year of ownership, while our employees will benefit from the combination of two companies with a strong commitment to responsible gaming and where the greater scale will further enhance our product development and technology capabilities. The Monopoly Website Agreement with Scientific Games Gibraltar Limited a group company of SGW "SGG" took effect from 1 January for an initial term of two years, following which it continued for a further year, provided that Gamesys met certain key performance indicators. Net income after taxes from continuing operations. Executive team with a track record of creating shareholder value. Restricted cash moved from trade and other receivables. The consolidated net assets of the Target Business have been extracted without material adjustment from the unaudited consolidated financial information of the Target Business which will form the basis of historical financial information on the Target Business as at 31 December in the Combined Prospectus and Circular. Target Business. The rationale for the acquisition of Gamesys is based on growth and both teams - at JPJ and our new colleagues joining us from Gamesys - are excited and motivated by the great opportunity which lies ahead. JPJ and the Target Business have a longstanding and collaborative track record, combined with complementary business models. The diversified brand portfolio also offers a stronger platform for international growth, particularly with recognised global super brands such as Virgin and Monopoly. Connect with us.


Advising JPJ Group plc on the acquisition of Gamesys (Holdings) Ltd | TGS Baltic


Neil Goulden and Keith Laslop will remain in their current roles. Movement on contingent consideration. Certain of the consideration is payable on Completion and certain of the consideration is deferred such that it is payable 30 months after Completion. Forward-looking statements speak only as of the date of such statements and cannot be relied upon as a guide to future performance. By eliminating redirects and reducing clicks, the system makes it faster for end-users to complete registration, reducing drop-off rates. These are expected to be delivered from factors including reduced accommodation costs, streamlining of elements of JPJ's current UK business, and from the cancellation of the programme to internalise parts of the Gamesys business servicing JPJ, as had previously been agreed with Gamesys. The combined JPJ and Gamesys businesses together "the Enlarged Group" will benefit from: i a diversified portfolio of leading consumer brands; ii greater operational control through proprietary technology; and iii a complementary executive and operational team. Systems and Software Newgioco Group. Disclaimer Jackpotjoy plc published this content on 13 June and is solely responsible for the information contained therein. The Acquisition will enhance scale, creating a group which is strategically well positioned for future growth in an evolving global gaming sector. MarketScreener tools. Cash flows from investing activities. Jackpotjoy plc published this content on 13 June and is solely responsible for the information contained therein. It is proposed that Mr. Deferred tax liability. In-Depth 27 May The show must go on. Further announcements will be made as appropriate. Support Services. Adjusted Net Income. JPJ Group to acquire Gamesys Holdings, excluding sports brands and games, for Also set to be discussed at the 8 May AGM is a proposed. LONDON, UK / ACCESSWIRE / September 26, / JPJ Group plc As set out in the Company's combined circular and prospectus dated 27 June and Gamesys' ability to continue to obtain financing to meet their liquidity.


It is only available to players in the US state of New Jersey. In April , the Gamesys Group sold the Jackpotjoy Business being the Jackpotjoy, Starspins and Botemania brands, together with associated rights in or ownership of real money and social gaming player data related to such brands, trademarks, domain names and certain other related intellectual property rights the "Jackpotjoy Brands" , together with certain minor real money bingo led sites which it operated on behalf of third-party brand owning partners to JPJ. As a result, the benefits referred to may not be wholly achieved, or elements of those. A combined shareholder circular and prospectus containing further information on the Acquisition, a notice convening the JPJ General Meeting and details in respect of the new shares to be issued as a result of the Acquisition will be published shortly. The JPJ Directors expect there to be annualised cost savings from the Acquisition of single digit millions Sterling, expected to be realised within the first full financial year following Completion. Commitment to responsible gambling The Enlarged Group will reflect the merging of two cultures, both of which are committed to promoting a culture of responsible gambling through building long term sustainable relationships with their customers. Customer deposits moved from cash. Further information on the financial position and results of the Target Business, including pro forma financial information is contained in the Appendix. The Acquisition will enhance scale, creating a group which is strategically well positioned for future growth in an evolving global gaming sector. The Unaudited Pro Forma Financial Information does not constitute statutory financial statements within the meaning of section of the Companies Act The Operating Agreement contains previously agreed arrangements under which JPJ has been planning to acquire staff, both from the Gamesys Group and externally, together with additional office accommodation at cost levels greater than those passed through under the Operating Agreement. The unaudited consolidated income statement of the Target Business for the 9 months ended 31 December has been extracted without material adjustment from unaudited consolidated financial information of the Target Business which will form the basis of the historical financial information on the Target Business in the Combined Prospectus and Circular. In addition, the Enlarged Group will benefit from the expertise of an enlarged senior management team below Board level, comprising executives from both JPJ and the Target Business. The consolidated income statement of the Target Business for the year ended 31 December has been derived as set out below:. Diversified brand portfolio with international expansion opportunities As a result of the Acquisition, JPJ will acquire an enhanced portfolio of complementary and market-leading games content and brand licences, including: Virgin Games, Virgin Casino, Monopoly Casino, and Heart Bingo. Both individuals have proven track records of building high growth businesses in the industry. More Results. The site is particularly aimed at female players and focuses on the on-site player community. Greater operational control through proprietary technology, diversification of JPJ's brand portfolio with growing brands, and strategic alignment across the Enlarged Group, positions the Company to deliver significant growth and, thereby, value for shareholders. United Kingdom. Purchase of ordinary shares for cancellation.


Play Wazdan Casino in 2019
What casino was the movie casino based on
Best AMAZON Slots Free Play
Jumba Bet Review
Site Map
William Hill Sees Red Following Australian Regulatory Changes
Dino Bingo Review
Spielen Wild School Slot Freispiele
New casino hotel in washington dc