Gamesys Group Announces Pre-close Trading Update for FY2020

Gamesys Group has announced a pre-close trading update for FY2020.

After a continued strong performance in Q4, the Board is confident that the Group will report FY 2020 Revenue and Adjusted EBITDA at, or above, the upper end of current market expectations for the period.

Lee Fenton, CEO of Gamesys Group, commented: “Gamesys has delivered a tremendous performance during 2020. Our strong growth is the result of excellent execution against our strategy, a deep understanding of our player base, and our commitment to always putting players at the heart of everything that we do. Against the backdrop of a global pandemic, our relentless focus on the sustainability of our revenue streams, coupled with ensuring player and staff wellbeing, has positioned us well to carry our considerable forward-momentum into 2021. We maintained strong and sustainable growth during 2020; a period in which we completed the integration of our enlarged Group, entertained record numbers of active players, and significantly enhanced our propositions and technology platforms. During the year, we also delivered a maiden dividend and as we enter 2021, we are in a strong position to continue to deliver growth in the business and create value for our shareholders.”