Latest

Mishcon de Reya advises The Intertain Group Limited in relation to proposed acquisition of Jackpotjoy site and business partnership with Gamesys Limited
 FirmNews 
Date
06 February 2015

Mishcon de Reya advises The Intertain Group Limited in relation to proposed acquisition of Jackpotjoy site and business partnership with Gamesys Limited

intertain gamesys acquisition

The Intertain Group Limited has today announced that it has agreed to acquire the Jackpotjoy, Starspins and Botemania bingo-led sites of Gamesys Limited for an initial consideration of c. £425.8 million. The parties have also agreed that Gamesys will provide platform and content services to Intertain in connection with the acquired businesses.

Online gaming company Intertain offers a range of bingo and casino products to consumers through intercasino.com, costabingo.com, verajohn.com and other sites. The bingo-led Jackpotjoy website is one of the UK's best loved gaming brands, well-known for its Queen of Bingo adverts starring Barbara Windsor.

Mishcon de Reya is acting as Intertain's UK counsel in relation to the acquisition. The team of lawyers, drawn from across a number of practice areas, is led by partners Susan Breen, Stuart McMaster and Adam Rose, together with associate Laura Chandler.

Susan Breen, Head of the Firm's Betting and Gaming practice, commented: "It is enormously rewarding to work on such a significant deal in a sector we are immersed in. We have reached this point with the hard work of both the client and the professionals on all sides. We are delighted to have played a part in our client's growth plans."

 

Related Articles

Lawyer Monthly