Virgin Games Heart Bingo

JPJ Group has entered into a conditional agreement to acquire the majority of its technology partner Gamesys’ assets for a total consideration of £490m (€549.8m/$620.9m).

The deal will see JPJ acquire the Gamesys platform, and bingo content studio, as well as its B2C real-money gaming sites Virgin Games, Heart Bingo and Monopoly Casino. The deal will also see JPJ take charge of Gamesys’ New Jersey-licensed Virgin Casino site, operated in partnership with Tropicana.

Tell the students that they can only use the candy hearts from their box to try and complete a line of bingo up and down, across, or diagonally. When a student finds one of the sight words from the bingo card on a candy heart, they place the candy heart on the board's matching word. Once they complete a row of bingo, they win the game. Regular visitors to Jackpotjoy, Virgin Games, Heart Bingo and Star Spins will have noticed some changes with regards their promotions. Cashback offers, promotional rewards and bingo bonuses have been replaced with Box Bonanza games.

Since acquiring Gamesys’ Jackpotjoy brands in 2015, the business has continued to provide JPJ Group with igaming content, its technology platform and operational support. Through the acquisition, JPJ will take ownership of the technology platform and operations, reducing its reliance on third party providers.

Originally it had planned to onboard operational staff from Gamesys, but noted that this could have left both companies separate, and potentially pursuing conflicting strategies.

“The acquisition ensures full strategic alignment, business continuity and minimisation of execution risk,” JPJ explained.

The London-listed operator will not acquire the Virgin Bet sports betting business, nor the recently acquired Livescore sports data and media business. Gamesys will also retain its non-bingo games studio, and its minority equity investments in a Norwegian games studio and US sports betting business, as well as certain immaterial subsidiaries.

In order to go ahead with the deal, Gamesys will carry out a restructuring to separate the assets to be acquired from the business units it will retain.

Upon completion of the deal, JPJ will pay £240m in cash, with a further £10m to be paid to Gamesys shareholders 30 months after the deal’s completion.

It will also issue 33.7m new shares to Gamesys shareholders, priced at 10 pence per share, with an approximate value of £240m.

Virgin Games

“This acquisition marks an important transformational step in JPJ's growth, providing significant benefits for shareholders, employees and customers,” JPJ executive chairman Neil Goulden commented.

“For shareholders, we expect the acquisition to deliver earnings accretion in the first full financial year of ownership, while our employees will benefit from the combination of two companies with a strong commitment to responsible gaming and where the greater scale will further enhance our product development and technology capabilities.

“Our customers will also now have an even greater choice of major brands and different games, all on one platform, creating a truly leading UK and international operator,” he added.

JPJ also highlighted the enlarged business’ commitment to responsible gambling, committing to developing and implementing measures to protect customers from gambling-related harm.

The new business (the Enlarged Group) is expected to achieve annualised cost savings in the “single-digit millions”, which will be released in the first full financial year following the deal’s completion. JPJ will also benefit from a significant UK-based infrastructure, allowing it to streamline elements of its current business.

It also expects to benefit from the expertise of staff that will transfer to JPJ through the deal. These will include Gamesys chief executive Lee Fenton, who will become CEO of the enlarged business, and chief operating officer Robeson Reeves, who will take on the same role for JPJ.

Executive chairman Goulden and finance chief Keith Laslop will remain in their current roles. Simon Wykes, CEO of the operator’s Jackpotjoy Operations subsidiary, will assume the role of transition director for a 12-month period following the deal’s completion.

“I am very excited to join the Enlarged Group as CEO,” Fenton said. “This is a strategically important transaction that adds scale and combines complementary capabilities as the competitive and regulatory environment continues to evolve.

“The Enlarged Group's combined brand portfolio, strategically aligned operating structure, technology capabilities and exceptional combined talent base will create significant opportunities for growth in the market.”

For the nine months ended December 31, 2018, the Gamesys assets to be acquired generated revenue of £223.1m, up 12.2% year-on-year. This was derived predominantly from gaming, which accounted for £139.7m of the total, with £83.4m generated from the provision of support services.

Once costs and expenses of £180.0m (up 7.0% year-on-year) were stripped out, and finance related costs removed, the business posted a profit of £49.4m for the period, down marginally from £50.3m for the first nine months of 2017.

As of December 31, 2018, it had an average of 239,400 active monthly customers, generating an average of £64 per player per month.

The acquisition, which is subject to customary closing conditions, is expected to be completed in the third quarter of the year.

Our top 3 Sister Sites for Virgin Games

The Best Virgin Games Sister Site

The ones who are fond of online gaming and bingos are familiar to Virgin Games which offers a large selection of slots and attractive bonuses for newcomers. This website is conducted by Gamesys which is located in the UK and functions under reference number 38905. It is controlled by the UK’s Gambling Commission and the Gibraltar Gambling Commissioner.
Virgin Games partners with 10 sister sites that share several similarities and differences in some ways. Among them are M Casino, Jackpot Liner, Costa Bingo, Jackpot Cafe, and BGT Games.

Virgin Games Heart Bingo Vegas World

Welcome to Virgin Games! As a newcomer, you are given the chance to choose between the bonuses offered. Which one do you prefer? Maximum of 50 free bingo tickets or 30 spins on Double Bubble. Anyway, following the terms of the site you should make a minimum deposit of £10 so that you can use the bonuses given, besides you should gamble the £10 on the game you like. Except for Session Bingo, the other bingo rooms let you use your free bingo bonuses. Whenever you want you can withdraw your profits from the bonuses without any charges or limitations. Virgin Games is a good place not only for new customers but also for the regular players as they are able to take advantage of some promotions as well. They have the ability to get cashback once they play video games in Chinese New Year, to claim a maximum of £500 from select games in Games for the Month, to gain up to £25K from bingo games in Superlinks. And for their free time, poker lovers can take part in some competitions.

Games and Supporters similar to virgin games

Virgin Games offers different mobile-friendly games for people of various interests, as one can find video slots, live casinos, jackpots, table games and bingo there. Most of them are very convenient for customers to use as some of them prefer to play on PCs and others on mobile phones. Gamesys, IGT, and NetEnt are the main software suppliers of the games offered by the Virgin Games. You can check and try Virgin Games Sister Sites if you are looking for more fun.

For instance, Agatha Christie’s Mystery is designed by Gamesys. It is one of the most played games at Virgin Games. It has an RTP of 95.87% and a 5 x 4 layout with 50 pay lines. This game is packed with some main features such as an exceptional bonus slot, Sticky Wilds, Free Spins, and Wild substitutions.

Montezuma is also a popular game among Virgin Games. This one is designed by WMS and has an RTP rate of 95.86% and 5 x 3layout with 30 pay lines. A special Feature symbol, Free Spins, Wild Substitutions, and other features are offered from the game.

Payment Options and virgin games sister companies

Coming to the financial transactions the users are offered multiple methods for making a deposit. VISA and MasterCard debit and credit cards and Paysafecard are the available options. But note that only debit and credit cards are accepted for withdrawings, Paysafecard will not work. And depending on the chosen payment way, the time for getting the money will differ.

Sister Sites of Virgin Games

Starspins is one of Virgin Games Sister sites where one can get till 30 free spins on Secrets Of The Phoenix with a £ 10 deposit. The users can enjoy playing Reel Ruch 2, Jewel Scarabs, Secrets Of The Phoenix, Double Bubble, and other games on this site. VISA debit and credit cards and PayPal are the only offered methods for transactions.

Another partner site of Virgin Games JackpotJoy offers £50 in bingo tickets to its new players. The games offered here are Tiki Island, Bubbling Falls, European Roulette, Daily Paper, Tiki Totems, and some other ones. PayPal, Paysafecard, and debit and credit cards are accepted for payments.

Getting in touch with Virgin Games

For more detailed information follow them on Twitter: @virgingames or contact via mail: [email protected]

Answers to the most FAQ

Who is in charge of this casino?

Gamesys, one of the leading British suppliers for online gambling, operated Virgin Games.

What are partner sites of the Virgin Games?

Virgin Games partners with Smoot Bingo, Woman Bingo, Woman’s Own Bingo.

Are there any free spins at Virgin Games?

New customers can claim up to 30 spins at Virgin Games and some of the spins do not need any deposit.

How much should I deposit at least?

£10 is the minimum amount to get started at Virgin Games. Exactly that much is also needed to get the new player bonus.

Contents

• 7 Answers to the most FAQ