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Intertain Purchases JackpotJoy From Gamesys

Internet betting group Intertain has announced that they have purchased JackpotJoy from Gamesys for a cash and stock consideration of £425.8 million.

Sites involved in the deal include JackpotJoy, Elre and Sweden, and Starspins, and will see Gamesys continuing to provide Intertain with platform and gaming content services for a 10 year term. Gamesys Founder Noel Hayden will also become a board member of Intertain.

Commenting on the deal Hayden said, "Gamesys and Intertain are a perfect match. From our earliest discussions we shared their vision which we know is critical to a successful long-term partnership. This is a great deal for Intertain and Gamesys, our shareholders, our employees and our players."

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