Gamesys Sees Revenues Rise 31% in Third Quarter

This story was published more than 3 years ago.

Gaming firm Gamesys has shared their third-quarter 2020 trading update, noting that revenues for the period rose 31% when compared to the same period last year.

The company reported revenue growth of 31% for the period to £190 million. The results came due to strong growth in Asia, with the Intercasino brand launching. The UK market also delivered a strong performance due to the launch of the Rainbow Riches Casino brand. These positive results come despite Covid-19 causing a lot of pain in the betting industry as a whole, as punters aren't spending as much on the activity.

Commenting on the results Gamesys CEO Lee Fenton said, "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.

"In addition to our intensified scrutiny of player activity, we also continue to remind players of the responsible gaming controls and self-help tools they can utilise.

"Despite the challenges of Covid-19, our workforce is providing seamless business continuity as most of them continue to function remotely in line with guidance.

"We also remain focused on player protection, with an emphasis on proactive engagement and the promotion of responsible gambling tools."

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.