About St Minver
St Minver is a bingo network operator who use Parlay Entertainment's bingo software. They power some of the UK and Europe's best known bingo brands.
St Minver was bought by US gaming group GTech in April 2008 for an initial consideration of €28 million plus up to €13.6 million extra, depending on the performance of the business in 2008 and 2009. St Minver is being incorporated into GTech's Lottomatica business alongside sports betting software company Finsoft and poker and casino software specialists Boss Media. The deal was negotiated by Jim Ryan who has subsequently left St Minver to become chief executive of Party Gaming, operators of Party Bingo.
St Minver have a Gibraltar gaming licence and have offices in Gibraltar and London.
St Minver effectively own and operate Chit Chat Bingo. While technically they have it set up as a white label operation, the vast majority of the revenues accrue to St Minver and there is an in-house employee, Matt Sunderland, who runs the site for them on a day-to-day basis. Chit Chat Bingo is also responsible for a large percentage of St Minver's profits.
In the UK, St Minver is run by Leigh Nissim, a well known figure in the online bingo industry and famed for his relentless promotion of St Minver. Nissim has been known to make some of the more outrageous claims about St Minver's market share in the online bingo market, including at the fourth Annual Bingo Summit when he claimed they had more than one-third of the UK market. Most people would agree that figure was inaccurate.
St Minver recently axed many of their smaller white labels for financial underperformance.
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