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The company was founded in 2001 by Noel Hayden, Andrew Dixon, Robin Tombs and a team of software developers. It was a private firm until its reverse takeover of Jackpotjoy in 2019.
Gamesys was the bigger company and Hayden became the largest shareholder with 15 per cent.
He is set to walk away with £299million from the deal, while Dixon will pocket £106million and Tombs £84million.
Hayden is not a public figure but it is the second major deal of his career. Back in the 1990s, he set up online gaming company Internet Digital Media, selling it in 1999 for £7million and then immediately ploughing the money into his new venture Gamesys.
A source close to Hayden said: ‘He’s flown under the radar but he’s very impressive and knows exactly what he’s doing. Today’s deal has made some people very rich indeed.’
Chief executive Lee Fenton has a stake worth £13.5million, while chief operating officer Robeson Reeves is in line for £14.4million.
Lockdown winner: Gamesys posted soaring revenues over the period and its share price has jumped more than 187 per cent since March last year
Both are taking top jobs at the combined group. Bally’s, which operates casinos and racetracks in the US, has struggled during the pandemic and has had to temporarily close much of its operations.
The Gamesys deal will boost Bally’s online arm and give it the technology to grow share in the highly lucrative US sports betting market.
The rush into sports betting comes after the state of Nevada legalised it in 2018. Since then a further 29 states have followed.
Soo Kim, chairman of Bally’s, said: ‘We believe that this combination would mark a transformational journey step in our journey to become a gaming company.
‘Gamesys’ proven technology platform combined with US market access present significant opportunities in the US.’
The new group would be based in Rhode Island and retain a listing on the New York Stock Exchange. Gamesys’ boss Fenton would become chief executive.
The deal comes after a flurry of takeover interest from the US for UK gambling firms, with William Hill expected to complete its £2.9billion takeover by Caesars in the coming days. Ladbrokes owner Entain was the target of casino giant MGM but talks between the two ended in January.
Analysts believe there could be more deals in the pipeline, with Playtech and 888 Holdings prime targets.
Shares in Gamesys were up 18 per cent at 1944p, while 888 Holdings climbed 4.2 per cent at 394p and Playtech gained 3.6 per cent at 441p.
Russ Mould, analyst at AJ Bell, said: ‘There has been a frenzy since the American regulatory changes, as leading players have jostled for position in what could be a betting boom Stateside, just as other markets, including the UK, tighten their rules.’
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What to Look for in a Sister Site?
When we’re looking for Jackpotjoy sister sites we like to keep our eyes peeled for:
- A good range of games from different developers
- Jackpots on a regular basis
- Loyalty perks
- Big bonuses
- Part of a wider network
If you’re looking for a site with all of these aspects then just head to one of our suggested sites above. Before you go, check out No Deposit Bingo.
Wink Bingo play now!Jackpotjoy Bingo Games
Once you register on the Jackpotjoy website, you can choose from tons of bingo games, some of them including:
- The enticing 75 or 90 ball games
- Bingo Royale and & Take Me Out
- Speed Bingo and Bejeweled Bingo
In the Jackpotjoy Bingo section, the website is divided into different games that you can play simply by clicking on the “play” button. Once you click, it is imperative that you sign in. As soon as you log in, you will find a chat room where the Bingo community gets to interact in real-time.
As a member, you will have the opportunity to play Speed Bingo, a 75 ball game that is usually available at different times of the day. One ticket will cost you one penny and they enforce 100 tickets per player.
You can find the Speed Bingo room in the Games Lobby. To play, click on the Bingo tab provided then head over to the 75 ball option. If you complete that game in 45 numbers or even less, you get a progressive jackpot awarded to you.
Visit Jackpotjoy
Gamesys Contact Details
Full Name: Gamesys Limited.
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Phone: +44 (0) 20 7478 8100
Head Office Address: 4th Floor, 10 Piccadilly, London, W1J 0DD, United Kingdom
Gamesys UK Gambling Licence Number – 38905
US casino in £2bn swoop on online gambling firm Gamesys: Founders and bosses to hit £500m jackpot in bumper takeover deal
By Mark Shapland For The Daily Mail
Published: 21:50 BST, 24 March 2021 | Updated: 21:50 BST, 24 March 2021
6
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The founders and bosses of online gambling firm Gamesys have hit the jackpot after backing a £2billion takeover deal.
The company, which is best known for its gambling sites Jackpotjoy and Monopoly Casino, has thrived since the pandemic began with people stuck at home trying to entertain themselves.
It posted soaring revenues over the period and its share price has jumped more than 187 per cent since March last year.
Winner: Gamesys was founded in 2001 by Noel Hayden (pictured), Andrew Dixon, Robin Tombs and a small team of software developers
The takeover by Bally’s, whose headquarters are in Nevada, is the latest American raid on the British gambling sector and will make Gamesys’s largest shareholders very rich to the tune of more than £500million.
About
Jackpot Joy Slots is a section of a site which is actually dedicated to bingo, however it features the most amazing array of games found online anywhere and the slots section alone is well worth reviewing. They offer every single game in demo mode to, so you can try before you buy with no download required. They are on the Gamesys software platform and have become one of the UK's most well loved sites for instant win games, slots and of course bingo. They have offices in London, are fully licensed in Gibraltar and one of the true success stories in this industry. Jackpot Joy also pays out over £3 million in prize money every week and offers professional hosted chat rooms.
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Jackpotjoy App Review
Jackpotjoy is a fantastic app and a real Jack of all trades, operating as a Jackpotjoy bingo app as well as a casino and slots app.
There’s so much going on with the app, yet it’s still incredibly simple to navigate. It’s one of the app’s best features in what could easily have been cluttered given the number of features it has.
The design is clean and crisp and allows you to work your way through the app in just a few taps whether you’re looking for bingo, slots or the best offers.
There are a ton of brilliant games across bingo, slots and casino with Jackpotjoy roulette being one of the finest on the market.
The wealth of options with Jackpotjoy slot machines is plentiful. You really will find everything you need across their whole range.
As well as leading the way in both the variety and quality of their slot machines, Jackpotjoy also boasts the best in promotions, giveaways and freebies. These prizes have included £10million in prizes and even a car! Are you sold yet?
The app is updated regularly so you’ll always receive the best technology, security and games, making the Jackpotjoy mobile bingo and slots app a must-have!
How to Get the Jackpotjoy Bingo App?
Unquestionably, all bingo fans want to be able to play anywhere, so the development of the Jackpotjoy mobile platform was the logical step for the operator. However, there’s a native app only for the iOS users. It requires iOS 6.0 or later and is compatible with iPhone, iPad and iPod Touch. The Jackpotjoy Bingo app is also optimised for iPhone 5. You will notice that the rating of this app on the App store is very high and that its size is only 40.8 MB which makes it very light.
About Jackpotjoy
Jackpotjoy is an online gaming site that is known for its bingo games. The site won Global Gaming’s ‘Bingo Operator of the Year’ in 2018 and 2019. In addition to their online bingo games, Jackpotjoy also features online casino and slot games with new additions being added frequently. If you’re looking for an authentic casino experience, you can play at their live casino tables. Jackpotjoy offers many promotions for players of bingo, slots, and casino tables.
Website: https://www.jackpotjoy.com Established: 2002 Where Jackpotjoy is Based: Gibraltar, UK. Customer Support: support@jackpotjoy.com Minimum Deposit: £10
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Welcome Bonus
As a new player at Jackpotjoy, you’ll get a Free Bingo bonus after betting only £10 on Slots. That’s not all, they will also throw in 30 free spins for you to enjoy in the casino. Bing Cash comes with a hefty wagering requirement and as we all know, the Bingo Cards have a quite low return to player. The chance of the Jackpot is always out there with Jackpotjoy though. So go for it, maybe you’ll get lucky!
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