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Reading: Gamesys Achieves 27% Q1 Revenue Growth Powered by UK and Asia Expansion, Preceding Bally’s Deal
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Home > Blog > Finance > Gamesys Achieves 27% Q1 Revenue Growth Powered by UK and Asia Expansion, Preceding Bally’s Deal
Finance

Gamesys Achieves 27% Q1 Revenue Growth Powered by UK and Asia Expansion, Preceding Bally’s Deal

Stue Temoha
Last updated: April 13, 2021 7:53 am
Stue Temoha
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Total revenue for the three months through to 31 March reached £197.8m (€228.7m/$271.9m), reflecting the continuation of trends from the previous quarter. Gamesys highlighted significant growth in its key markets, the UK and Asia, and emphasized strong cash generation. The company’s CEO, Lee Fenton, attributed these positive results to a focus on operational execution, product innovation, and improved safer gambling practices. With the completion of the merger between Gamesys and Bally’s, Fenton will assume the role of group CEO for the combined business. Bally’s has been actively involved in mergers and acquisitions, including the purchase of Monkey Knife Fight and Bet.Works, as well as ongoing negotiations for Allied Esports Entertainment’s poker assets. Additionally, Bally’s recently finalized the acquisition of the MontBleu Resort Casino & Spa in Nevada from Caesars Entertainment.

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By Stue Temoha
Stue Temoha is an expert writer with a profound passion for gambling and online gaming. With a career spanning over a decade, Stue has established himself as a trusted authority in the industry, offering deep insights into casinos, sports betting, poker, and the latest trends in online gambling. His writing is distinguished by meticulous research, clear analysis, and an engaging narrative style that demystifies complex concepts for readers of all levels. Stue's articles are a go-to resource for detailed reviews, strategic advice, and up-to-date industry trends, helping both novice and experienced gamblers navigate the dynamic gaming landscape.
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