Gamesys Group Announce “Outstanding Operational Performance”

Despite the major global setbacks posed during the year by the COVID-19 pandemic, Gamesys Group has announced an “outstanding operational performance” for 2020.

‘Upper end of current market expectations.’

The Group Board is optimistic that, following a good trading performance posted in the fourth quarter of the year, FY 2020 Revenue and Adjusted EBITDA will be published at or above the ‘upper end of current market expectations.’

Integration of its expanded operations

In addition, following its 2019 merger of JPJ Group and Gamesys properties, the company highlighted key strategic progress in the integration of its expanded operations, which progressed smoothly and as planned.

Lee Fenton, Chief Executive Officer, Gamesys Group plc, said: “Gamesys bingo sites and casinos have delivered a tremendous performance during 2020. Our strong growth is the result of excellent execution against our strategy, a deep understanding of our player base, and our commitment to always putting players at the heart of everything that we do.

“Against the backdrop of a global pandemic, our relentless focus on the sustainability of our revenue streams, coupled with ensuring player and staff wellbeing, has positioned us well to carry our considerable forward-momentum into 2021.”

Responsible gaming

As it continues to expand, a strong emphasis on responsible gaming, including the health and well-being of both the group’s employees and players, has remained a key aspect of the company’s operational strategy.

Fenton added: “We maintained strong and sustainable growth during 2020; a period in which we completed the integration of our enlarged Group, entertained record numbers of active players, and significantly enhanced our propositions and technology platforms. 

“During the year, we also delivered a maiden dividend and as we enter 2021, we are in a strong position to continue to deliver growth in the business and create value for our shareholders.”

Gamesys’ brand portfolio

The current brand portfolio of Jackpotjoy, Virgin Games, Vera & John, Heart Bingo, Botemania, Monopoly Casino and Rainbow Riches Casino is owned by the LSE-registered Gamesys Group.

In March, Gamesys Group will reveal its 2020 full-year trading results (TBA).

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About Joe Kizlauskas

Joe is a seasoned iGaming copywriter and speaker who has been in the business since 2015. He's written more words on all elements of iGaming than he likes to remember, and he's contributed material to a number of well-known brands. Joe may be seen playing 5 a side, at the gym or playing games on his Playstation when he is not writing.