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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 :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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