JackpotJoy Revenues Up in First Half

This story was published more than 1 year ago.

Internet betting firm JPJ Group has posted their first-half financials, noting a 13.8% rise in revenues due largely to the performance of its Vera&John brand.

Key financial indicators for the first half ending June 30th, 2019 were:

  • Gaming revenues up to £169.5 million
  • JackpotJoy division revenues accounted for £97.7 million, which accounted for 57.6% of the total
  • Vera&John revenues of £71.8 million, up 58.1% from last year, making up 42.4% of total revenues
  • Operating costs up 21.8% to £152.6 million
  • Administrative costs up to £52.8 million
  • Distribution costs up 21.8% to £152.6 million
  • Transaction related costs up to £12.2 million
  • EBITDA up to £54 million

A statement from the company regarding the performance read in part: "We expect Vera&John to continue to be our fastest growing segment as we focus on growing our business both in further emerging markets in Asia, Latin America and more established European markets."

Related casinos

CasinoJurisdictionRatingPlay
JackpotJoy CasinoGibraltar, Sweden, U.K.
Vera&John CasinoMalta, Sweden

About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.