Gamesys Group Reports 27% Pro Forma H1 2020 Revenue Rise

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Online casino software development and gaming business, Gamesys, has reported a pro forma revenue rise of 27% for the first half of 2020, with a 101% reported change to £340m ($444.9m).

The reason behind the reported change is the company's purchase of JPJ for £490m in September. In any case, its pro forma rise shows all brands have seen financial increases.

Also, adjusted EBITDA was up 75% to £95m and adjusted net income up 68% to £68.1m.

‘Very pleasing' results

Lee Fenton, CEO of Gamesys Group, said: “It has been very pleasing to oversee another strong half-year performance, with reported gaming revenues doubling across the group year-on-year.

“Our strong brands, operational control and proprietary technology have allowed us to drive growth in established markets such as the UK, while also delivering strong results in fast-growing markets in Asia and ROW.”

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