Jackpotjoy Group, owner of leading online bingo operator Jackpotjoy, has made the final earn-out payment for the non-Spanish assets within the Jackpotjoy division.

Further £94m paid for Jackpotjoy and Starspins

The payment of £94.2m has been met from existing cash resources, the company said.

The sum is the final instalment in relation to the Jackpotjoy and Starspins brands and also includes £30.3m due on the earn-out for the Spanish brand, Botemania.

A final payment for Botemania - also expected to be met from cash resources - will be made in June, 2018.

The Jackpotjoy division, which includes the Jackpotjoy, Starspins and Botemania brands, was acquired from Gamesys in April, 2015, for an initial purchase price of approximately £425.8m and earn-out payments dependent on future operations.