Login/Register
Red Tiger
Red Tiger
Pariplay
BigTimeGaming

Jumbo Interactive makes UK play with Gatherwell acquisition

12th November 2019 10:56 am GMT

Sydney-listed lottery provider Jumbo Interactive is preparing to enter the UK market through a conditional agreement to acquire Oxford-based external lottery manager Gatherwell.

Jumbo will pay an initial consideration of £3.0m in cash to acquire the business, with a further £2.0m to be paid if certain revenue and profit targets are met.

Gatherwell was founded in 2013 to help social causes raise funds through lotteries, with its first product, Your School Lottery, assisting schools across the United Kingdom.

Gatherwell has [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos
EveryMatrix
Greentube
Pragmatic Play
Skywind
Hot 50
Playtech
BigTimeGaming