Gamesys has disclosed to The Evening Standard that it has agreed to take over the London headquarters of collapsed fashion retailer Arcadia Group – in a commitment to expand its UK workforce.

The former LSE online gambling group, that has recently completed its £2 billion merger with NYSE gambling giant Bally’s Corporation, will aim to move into Colegrave House on Berners Street by mid-2022.

The firm’s new UK headquarters are recognised as one the capital’s most luxurious office spaces, located between London’s media and creative heartlands of Soho and Fitzrovia.  

The lease of Colegrave House became available following the last year’s collapse of Arcadia Group, the UK biggest highstreet fashion retailer that operated the stores of TopShop, TopMan, Dorothy Perkins and Miss Selfridges.  

Gamesys confirmed that it would look to house 1,000 staff members in its new headquarters, with the company undertaking a further recruitment spree next year.

Under new ownership, Gamesys units will serve as the underlining technology and systems provider for Bally’s US wagering expansion. Gamesys has been tasked with developing a new platform, housing Bally’s new bolt-on assets of SportCaller, Monkey Knife Fight and Bet.Works.

“We are proud to be committing our future to London, where we have been based for the last 20 years. As we embrace hybrid working it’s important to have a brilliant space for face to face collaboration and we look forward to moving in the middle of 2022.” Gamesys statement read.