Gamesys anticipates surpassing financial projections after exceptional performance in 2020

2 Min Read

Following the merger between JPJ Group and the legacy Gamesys business in 2019, Gamesys has successfully integrated its operations in 2020, despite the challenges caused by the Covid-19 pandemic. The company’s commitment to responsible gambling and prioritizing the health and wellbeing of its players and employees has contributed to its success.

During the first Covid-19 lockdown in the UK, Gamesys suspended non-targeted customer marketing activities, such as television and radio advertising. As a result, the company’s revenue for the 2020 financial year and adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) are expected to meet or exceed market expectations.

Gamesys CEO, Lee Fenton, expressed optimism for the future, stating that the company’s focus on sustainability and player/staff wellbeing has positioned them well for continued growth in 2021. In 2020, Gamesys completed the integration of its enlarged group, attracted a record number of active players, and made significant improvements to its propositions and technology platforms.

In addition, Gamesys was able to pay its inaugural dividend to shareholders in October 2020. Going forward, the company aims to deliver further growth and create value for its shareholders in 2021.

Gamesys operates several well-known brands in the online gaming industry, including Jackpotjoy, Virgin Games, Botemania, Vera&John, Heart Bingo, Monopoly Casino, and Rainbow Riches Casino.

Share This Article
Jemma Wiggins is a prolific writer specializing in the dynamic world of gambling and online gaming. With a rich background spanning over ten years, Jemma brings a unique blend of expertise and enthusiasm to her writing. She excels in crafting compelling content that covers a wide array of topics, including casino reviews, sports betting insights, poker strategies, and the latest developments in online gambling. Jemma's work is renowned for its clarity, depth, and practical advice, making complex subjects accessible to readers of all levels. Her articles are a go-to source for accurate information, strategic guidance, and thoughtful analysis, helping her audience stay ahead in the ever-evolving gaming landscape.
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version