JPJ Group wins overseas with Vera&John

JPJ Group wins overseas with Vera&John

The Vera&John brand continues to perform well overseas for online bingo operator JPJ Group (JPJ). Gaming revenue from the division was up 58 per cent to £71.8m during the first half, with adjusted cash profits 109 per cent higher at £25.8m, despite increases in both distribution and administrative costs. This organic growth was driven by strong trading in new markets such as Germany, Brazil and Japan, and continued business-to-business growth across Asia. This momentum is not expected to slow, as management expects Vera&John to continue to be the fastest growing division.

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