Toronto-listed online bingo and casino operator Intertain Group Limited has announced that it intends to hold a special shareholders meeting on September 23 where it will ask for approval to initiate a UK-focused strategic relocation initiative.
Intertain Group Limited spent an initial $629.7 million last year in order to acquire the UK online operations of Gibraltar-based Gamsys Limited including its Jackpotjoy online bingo brand and now wants to pursue a full listing with the London Stock Exchange and relocate its headquarters to London.
The proposal from the Toronto-based firm would additionally create a new London-listed entity known as Jackpotjoy to serve as the parent for all of its future brands alongside the recently-purchased Starspins and Botemania.
“We are…