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Jackpotjoy makes final earn-out payment of £63.5m for Botemania brand

18th June 2018 9:00 am GMT

London-listed online bingo and casino operator Jackpotjoy plc has made the final earn-out payment for its Spanish-facing business Botemania.

Botemania was acquired along with the Jackpotjoy and Starspins brands from Gamesys in April 2015, with further earn-out payments dependent on the future operating success of the business.

The company said that the final earn-out payment, as well as a first milestone payment, amounted to £63.5m and has been "comfortably met" by existing cash resources.

"I am pleased that [...]

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