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JackpotJoy see revenue jump for the first half of 2017

2017-09-13 10:59:03

JackpotJoy is the UK’s number one online casino for bingo and instant wins. At JackpotJoy players can enjoy a wide range of over 250 top quality games with everything from slots, bingo and casino games to choose from. JackpotJoy claim that they have “the best games, loads of bonuses and brilliant promotions” and they deliver this promise and more. Despite an excellent offering the company has racked up sizable debts in recent years, another reminder of just how competitive the world of online gaming is. However, JackpotJoy may have finally turned a corner with the company revealing that they’ve seen a rise in both revenues and profits in the first part of 2017.

Green Shoots

JackpotJoy’s future looks a little bit more positive after the company revealed a growth in profits and revenues for the first 6 months of 2017. A busy H1, from January 1st to June 30th, was exactly what the company needed. Revenue for the first half of the year totalled at £146.6m, up 13 per cent over the same period last year. Adjusted underlying earnings increased by 15 per cent up to £59.2m while operating cash flows also saw a marginal increase up 2 per cent to £45.6m. The company also showed strong KPI gains across its product and brand portfolio with more than 240,000 active customers and improved player values.