Gamesys Group Reports Growth In All Operating Metrics

As the LSE-listed online gambling company reported growth on all main operating metrics, Gamesys Group Plc has cited continued growth momentum across the Gamesys bingo brand portfolio.

Gamesys posted a 31 percent rise in group sales to £190 million when it released its Q3 2020 trade statement, representing a period of solid organic growth that was driven by an increase in customer engagement.

Gamesys noted that robust UK trading was backed by substantial double-digit market gains across Asia, the US and Spain to provide a snapshot of its results.

Gamesys branded Q3 trading as a ‘period of notable highlights’ in which the company demonstrated its operational capabilities by introducing its ‘Monopoly Casino’ brand in Spain, which is praised as “one of the most successful new brand initiatives in the history of the group.”

Underpinning the Asian market growth profile of the company, Q3 trading saw the successful launch of Intercasino JP as the second brand of Gamesys to go live in the igaming market in Japan.

For the United Kingdom, meanwhile, Gamesys said it has faced the challenge of working under COVID-19 restrictions. The company clarified in its update that it has undertaken a ‘proactive engagement’ to ensure that its clients are aware of responsible gambling instruments, with ‘increased awareness of player time and spend across all sites.’

The update to Gamesys Q3 did not include a corporate results breakdown. The LSE group, however, stressed that as it looks to close its year-end trading, its good metrics have carried into its Q4 outcomes.

Chief Executive Officer, Gamesys Group, Lee Fenton, commented: “We have performed extremely well during Q3, with strong organic revenue growth, an increasing active customer base, and solid progress made across both our core and growth markets globally.

“Looking ahead, our portfolio of established and trusted brands, complete ownership of our technology platforms and a strong balance sheet, underpin our ability to thrive in the long term.”

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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.