Gamesys Group shares climbed today after the online gaming operator reported first half revenue of £398.8m an increase of 17% with good momentum in the UK and Asia.

Adjusted EBITDA increased 16% year-on-year, driven by strong revenue growth. Adjusted net income increased 20% year-on-year. Average active players per month grew 16%, from 640,436 to 744,807. In the UK, revenues increased 20% in H1 2021 with Virgin Games, Monopoly Casino and Rainbow Riches Casino driving strong performance.

Lee Fenton, CEO, Gamesys Group plc, commented: “The Group has delivered another set of excellent results for the first half of 2021 with revenue growth of 17% and adjusted EBITDA increasing by 16% during the period. This performance reflected significant double-digit revenue growth in our key markets of the UK and Asia and our continuing strong cash flow has seen leverage reduce further.

We are fully focused on operational execution, product innovation and the enhancement of safer gambling initiatives across all of our markets and we remain fully confident in the Group’s ability to deliver long-term sustainable growth.”