Intertain to Acquire Vera & John

Toronto-based Intertain Group Limited (Intertain) has its eye on the acquisition of Dumarca Holdings Limited, parent company of Vera&John online casino group.

“Furthermore, Vera&John has developed and owns a fully-integrated, proprietary software offering, giving us future flexibility with respect to our business,” said John Kennedy FitzGerald, chief executive officer of Intertain.

“Vera&John also has a mobile platform, including a leading mobile casino, with 35% of their expected 2014 sales being generated through this growing medium. We are very excited about this transaction and feel both parties bring excellent value going forward. “

Intertain will keep all 103 Vera&John employees on staff including senior management.

“We reviewed alternatives to this deal and felt Intertain was the best partner, given their aligned interest and exciting growth prospects,” said Dan Anderson, director of Dumarca Holdings.
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    I hope this acquisition doesn't change anything at Vera and John - I love this casino, they offer some of the best comps around at the moment, plus great customer service and fast withdrawals. Can't fault them at all!
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    Wow, this looks like a very good pair. Together they can take a nice big chunk of the market place. I'm not sure if they have stock offerings but if they do this is one to purchase as it sounds like as they merge together as one company one can only expect growth. When growth happens in any market stocks go flying off the shelf. Anyways. This is one to keep your eyes on and when they complete the merge I'm sure jackpots or may we say big money will be won.....things like that make more customers come their way. ...Good luck.

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