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8 million). Jackpotjoy concentration:As a result of the divestment, JPJ proclaimed that it will be better able to optimize ‘return on its marketing investment’ by focusing all of its United Kingdom brand strategies on its bingo-led Jackpotjoy brand. It moreover acknowledged that the coming sale, which it expects to close by the end of next month following the completion of ‘an employee consultation process,’ is to involve an initial payment of ￡12 million (. 6 million) followed by the remaining ￡6 million (. 8 million) balance in September. Focus shift:For its part, Gibraltar-based 888 Holdings used its own Tuesday press release (pdf) to detail that the deal is to also involve it taking control of the online bingo domains at CityBingo.

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