{"id":15641,"date":"2021-03-09T15:32:02","date_gmt":"2021-03-09T15:32:02","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=15641"},"modified":"2026-04-23T21:15:27","modified_gmt":"2026-04-24T00:15:27","slug":"gamesys-revenue-soars-on-back-of-jackpotjoy-merger","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/gamesys-revenue-soars-on-back-of-jackpotjoy-merger","title":{"rendered":"Gamesys revenue soars on back of Jackpotjoy merger"},"content":{"rendered":"\n<p><strong><em><a href=\"https:\/\/focusgn.com\/gamesys-enjoys-strong-first-half\" target=\"_blank\" rel=\"noreferrer noopener\">Gamesys<\/a><\/em><\/strong> has been expanding in Asian markets with the launch of its InterCasino brand. <\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Online software development and gaming business <strong>Gamesys Group saw revenue rise by 75.7 per cent to \u00a3727.7m (US$1.01bn) in 2020,<\/strong> its first full year after its merger with Jackpotjoy.<\/p>\n\n\n\n<p><strong>Jackpotjoy acquired Gamesys last year<\/strong>, and decided to maintain the brand name.<\/p>\n\n\n\n<p>The company, which operates predominately in the <strong><em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/gamesys-virgin-bet\" target=\"_blank\">UK<\/a><\/em><\/strong> and Asia, <strong>launched its InterCasino brand in Asia last year<\/strong>,<strong> <\/strong>helping revenues from the region to<strong> rise 78.3 per cent to \u00a3218.3m.<\/strong><\/p>\n\n\n\n<p><strong>Operator costs rose 67 per cent to \u00a3634.3m<\/strong>, and Gamesys also paid a further <strong>\u00a324.7m in financial costs<\/strong> (up 3.4 per cent).<\/p>\n\n\n\n<p>After paying <strong>\u00a31.5m in taxes<\/strong>, the company&#8217;s <strong>net income was \u00a367.2m, up 638.4 per cent year-on-year.<\/strong><\/p>\n\n\n\n<p>Gamesys chief executive <strong>Lee Fenton<\/strong> said: \u201cOur focus on recreational customers, our differentiated brands, proprietary technology and established market positions, have attracted record numbers of players in 2020 and we believe this foundation will allow us to continue to deliver sustainable and long-term growth in the year ahead and beyond.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gamesys has been expanding in Asian markets with the launch of its InterCasino brand.<\/p>\n","protected":false},"author":2,"featured_media":15644,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Gamesys Group reported a significant revenue increase of 75.7% to \u00a3727.7m in 2020, its first full year post-merger with Jackpotjoy, driven by strong performance in Asian markets where revenue rose 78.3% following the InterCasino brand launch. The company achieved a net income of \u00a367.2m, a 638.4% year-on-year increase, attributing success to its focus on recreational customers and proprietary technology. This performance underscores effective post-M&A integration and strategic market penetration.","focusai_entities":"Gamesys, Jackpotjoy, Lee Fenton","focusai_location":"UK","focusai_target_profile":"ceo_executive (0.95), operator_casino (0.9), affiliate_publisher (0.75), product_ux (0.7), tech_data (0.7), marketing_crm (0.85), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Asia Market Penetration","query":"What specific B2C licensing frameworks and localized marketing strategies underpinned Gamesys's 78.3% revenue growth in the highly fragmented and often grey-market Asian iGaming landscape?"},{"label":"Post-Merger ROI","query":"Given the substantial increase in net income post-merger, what was the precise return on investment from the Jackpotjoy acquisition, and how did it impact Gamesys's overall capital allocation strategy for future M&A or organic growth initiatives?"}],"footnotes":""},"categories":[160,163],"tags":[],"class_list":["post-15641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-finance-news"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=15641"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15641\/revisions"}],"predecessor-version":[{"id":15657,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15641\/revisions\/15657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15644"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=15641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=15641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=15641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}