Intertain Acquires Jackpotjoy Bingo

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Those of you who are fans of Jackpotjoy and the Queen of Bingo who is none other than Barbara Windsor – may be interested to know that this site amongst others in the Gamesy’s network will have brand new owners.

It was announced on Thursday 5th February that there was a deal between Intertain and Gamesy’s that means that Intertain will take over sites like Jackpotjoy as well as other B2C operations.  Not only will they own the brands themselves but all of the client data that goes with it.

There will be a starter payment of a whopping £425.8 million which will straight away however part of this funding will be gained by shareholding distributions.  13% of the initial fee will be based on Intertain dishing out 56.8 million shares to Gamesys.  Following this, over the next 3 years – should specific profit targets be met – there will be further further payments made to Gamesys.

Perfect Partnership

Noel Hayden who is the founder of Gamesys and CEO will be part of the Board of Directors as a No-Executive Director as part of the deal.  When asked for comment – Hayden said that the 2 companies were matched perfectly.  He went on to say that even in their earliest discussions – it was clear that both parties had the same vision which he knows is incredibly important especially when trying to forge a long term business relationship.  Of course it was important to not only the owners and executives of Gamesys but their employees too.

John Fitzgerald who is the CEO of Intertain had a similar opinion – also stating that both companies had a similar vision, and that he was very much looking forward to building a long term relationship with one of the most respected gaming brands in the industry.

About Jackpotjoy

To us – this looks like a match made in heaven, and it will be interesting to see how it progresses.  For those of you who aren’t yet a member of Jackpotjoy Bingo – as you can see from the above it’s extremely popular with bingo fans which is what makes it so valuable.

They offer their new players a 250% welcome bonus.  This mean on a deposit of just £10 – players have £35 to spend.  There are also reload bonuses available.  They have a games selection which is virtually unrivalled  which includes 90 ball, 80 ball, 75 ball, Deal or No Deal Bingo and more – and a huge repertoire of slots.  Players can have a spin on: Tiki Temple, Wonderland, Fortune Temple Winstones amongst others.  There is also instant games and casino treats to look forward too. Jackpotjoy Bingo are also renowned for regularly updating their offers and promotions as well as having friendly chat hosts who will be there to not only help players with general queries, but to entertain them with chat games.  All of this and more makes this brand a must visit bingo site.

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