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These are exciting times right now for online casino JackpotJoy

2017-06-16 11:30:00

Listing On The LSE


Formerly under the ownership of Canadian-based Intertain Group, the Toronto Stock Exchange-listed firm prepared for a drastic migration to the UK. It was a brave and far-reaching business move, with the firm relocating headquarters to London and JackpotJoy becoming the parent company (formerly Toronto Stock Exchange-listed Intertain Group). After announcing these stunning late last year, JackpotJoy plc listed on the London Stock Exchange (LSE) on January 25th, 2017. UK political turmoil, with the controversial Brexit vote, didn’t halt its trans-Atlantic plans with the firm recognising the need to be closer to its main market in Europe. A calculated gamble befitting of an online casino firm, and one that is already showing very positive signs.

Promising Signs for the Future


In March of this year, the company announced encouraging growth figures following its listing on the London Stock Exchange, despite the turbulence that comes with such a venture. Revenue growth of 15% and an adjusted EBITDA (earnings before interest, taxes, depreciation and amortisation) of 19% underline strong performance financially, boosted by a record £83m operating cash flow. Further growth is expected as the company settles into its new surroundings and exploits future opportunities the migration promises to deliver.