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VIRGIN GAMES SOLD TO GAMESYS

January 7, 2013 : VIRGIN GAMES SOLD TO GAMESYS
 
Jackpotjoy parent to develop real money and social gaming under the Virgin brand
 
The consideration has not been disclosed, but in a statement Monday Virgin Games and Gamesys confirmed that the former has been acquired by the Gamesys group.
 
The two online gambling companies revealed that Gamesys intends to leverage the powerful Virgin brand to internationally develop social and real money gaming options.  Gamesys already has a partnership with Facebook in the Bingo Freindzy and Slots Friendzy online gambling project in the UK.
 
The deal marks the end of the Virgin Group's sole ownership of Virgin Games, which was spectacularly launched in 2004 in London. The site went on to clinch a variety of gaming content deals with top industry suppliers, offering its players a wide choice of internet gambling options through a diversity of delivery channels.
 
Whether Gamesys will retain all or some of the Virgin Games experienced staff is not yet clear; Gamesys itself has a large and highly experienced workforce and management.
 
The position should be clarified within the next few weeks as the companies engage in a consultative process, but Gamesys has already made it known that there will be changes to the underlying platform to better integrate with Gamesys' own proprietary technical structures, followed by a site re-launch before the end of Q1-2013.
 
Gamesys has become a respected group in the industry, growing from a start-up in 2001, when it was founded by current chief Noel Mayden, Robin Tombs and Andrew Dixon, along with four software developers.
 
The hugely popular Jackpotjoy.com gaming proposition was launched the following year, and was an immediate success, enabling the group to franchise 250 white label versions to many major companies.
 
The group now includes Gamesys Limited, Mice and Dice Limited, Profitable Play Limited and Leisure Spin Limited undertaking software development, its own group marketing, and UK and non-UK online gambling site operations, the latter two based in Gibraltar.
 
In 2011 Gamesys gross revenues rose 27 percent to GBP 125 million, and this year there have been persistent rumours that the company, which has long been regarded as one of Britain's top online gambling firms, could be the target for a big-money acquisition by unnamed suitors.
 
Instead, Gamesys has itself done the acquiring in the Virgin Games deal.
 
In 2012 Jackpotjoy went international with sites in Belgium and Sweden joining its Spanish version Botemania, which was launched five years earlier and has been doing well in the newly liberated Spanish market. The Bingo and Slot Friendzy deal with Facebook gave the company added gravitas in the market, enhancing its already strong reputation for professionalism and integrity-driven conduct.



Gambling News :

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

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