20th Mar 2018 12:03
In 2017, Jackpotjoy's pretax loss widened to
Profit performance was hurt by the swing from a
"The record financial results we achieved in 2017 reflect the dedication, ambition, and work ethic present in employees across the business," Jackpotjoy Chairman Neil Goulden said. "As an organisation, we are committed to delivering the best customer experience across all our gaming verticals. We also strive to represent the highest standards of consumer best practice in our industry. This is underpinned by wholehearted support for the ethos of responsible gambling and proactive monitoring of player behaviour."
"We are confident of our prospects for growth against a healthy market backdrop in global online gaming and determined to ensure we present an entertaining, fun and responsible environment for our customers to enjoy", Goulden added.
Jackpotjoy said 2018 had experienced a "solid" start with "healthy" 12% year-on-year revenue growth to the end of February.
"We are due to make the final earn-out payment to Gamesys in June and expect to meet this comfortably from existing cash resources," Jackpotjoy said in a statement. "Deleveraging remains core to our strategy and we expect to make further progress in this area over the course of the financial year. The
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