Jackpot247
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Type of site
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Gambling |
|---|---|
| Available in | English |
| Owner | Betsson |
| Slogan(s) | It's Time To Play |
| Website | www |
| Alexa rank | 5,563,133 (as of September 2011[update]) |
| Commercial | Yes |
| Launched | 1 July 2008 (As Challenge Jackpot) |
| Current status | Online |
| Jackpot247 | |
|---|---|
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| Genre | Live, Gaming interactive show |
| Presented by | Various |
| Production | |
| Camera setup |
3SixtyMedia Multi-camera |
| Production company(s) | NetPlayTV ITV Studios (since 2015) |
| Release | |
| Original network |
ITV, JML Store |
| Picture format | 16:9 |
| Original release | 6 September 2011 – present |
| Chronology | |
| Related shows | JML Store |
| External links | |
| Production website |
www |
Jackpot247 (formerly Challenge Jackpot) is an interactive gambling website owned by Betsson Group, with television segments on ITV (except ITV Channel Television) and The Store (and previously on Super Casino and Vox Africa). The "Challenge Jackpot" brand was dropped in September 2011 and replaced by "Jackpot247" (Jackpot247.com). Challenge Jackpot was also a British interactive gaming channel owned by Living TV Group (later British Sky Broadcasting) and operated by NetPlayTV plc. Since 2015, Jackpot 247 has been co-produced by ITV Studios.
In March 2017, Betsson Group acquired Jackpot247 having purchased Netplay TV for £26 million.
NetPlay TV plc acquired the business assets of Two Way Gaming Ltd for £2 million in stock. NetPlay TV signed production and gaming agreements with Virgin Media for an initial period until 30 June 2013, and took over production of the Challenge Jackpot brand, including its website and television channel.
On 25 March 2010, NetPlay TV and Virgin Media Television agreed to the termination of the option agreement entered into on 7 April 2009 under which VMTV was granted options over 14.9m ordinary shares being 9.9 per cent of the share capital then in issue at a price of 18p per share (the "Option Agreement"). Under the revised agreement NetPlay TV took control of the Challenge Jackpot database and terminated the Option Agreement in exchange for a fixed cash payment of £1.82m. The database generated £2.9m of gross gaming margin from 12 May to 31 December 2009 and was subject to a revenue share agreement. Under the revised terms all revenues arising from this database will be retained by NetPlay TV, with VMTV receiving fixed monthly payments that reflected the value of its airtime.
Jackpot247 is not available to those who live in Northern Ireland or the Channel Islands. The opening 'bonus cash' offered is only able to be withdrawn after the player has spent £990 on selected games.
Challenge Jackpot was launched by Virgin Media Television, in collaboration with Two Way Media, on 1 July 2008 as a 24-hour television channel on Sky and Virgin Media. It was not available in Northern Ireland, Republic of Ireland or the Channel Islands due to "regulatory and legal restrictions". Games were overseen by Ofcom and, because Two Way's gaming division was based there, the Alderney Gambling Control Commission.
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