The Gamesys Group is an online software development and gambling business. It was listed on the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
until it was acquired by the U.S. casino operator,
Bally's Corporation
Bally's Corporation is an American gambling, betting, and interactive entertainment company headquartered in Providence, Rhode Island. In the US it operates 19 casinos across 11 states, a horse track in Colorado, a golf course in New York, and ...
, in October 2021.
History
The company was founded in by Andrew Dixon, Noel Hayden, Robin Tombs and a small team of software developers in 2001.
Gamesys acquired Virgin Games in January 2013. It then sold its
Jackpotjoy brand to The Intertain Group, for a minimum of £425.8 million in February 2015.
In September 2019 JPJ Group carried out a
reverse takeover
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public compa ...
of Gamesys and subsequently changed its name to Gamesys Group. (The acquirer, which was a Canadian online gaming operator established as The Intertain Group in 2014, had become known as Jackpotjoy in January 2017 and then as JPJ Group in June 2018).
In March 2021, the U.S. casino operator, Bally's Corporation, made an offer to acquire the company for US$2.7 billion. The transaction was completed on 1 October 2021.
Notes
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External links
Official site
Online gambling companies of the United Kingdom