Gaming Realms expects revenues of around £11.2mln after record December
The company said its content licensing arm has grown over 100% during 2020, launching with 26 new partners across the US, the UK and Europe
Company
LON:GMR
Gaming Realms PLC is a B2B developer, licensor, and distributor of mobile-focused real money and social gaming content. The company owns the unique Slingo IP, one of the world’s most well-known gaming formats. Its innovative, mobile-focused content encompasses in-game player defined choice and strategy to augment a fun and engaging player experience.
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The company said its content licensing arm has grown over 100% during 2020, launching with 26 new partners across the US, the UK and Europe
The mobile gaming content specialist said its platform and portfolio have been certified for entry into the market by the L'Amministrazione Autonoma dei Monopoli di Stato, Italy’s gambling regulator
The company said that under the terms of the three-year agreement its Slingo content will be integrated into BetMGM Casino in Pennsylvania and Michigan during the first half of 2021
A glance at some of the day's highlights from the Proactive Investors newswire
The company said the licence will allow it to provide its Slingo Originals game content to online casino operators in the state
The company's partners are expanding internationally and through new game launches the number of Slingo titles is increasing too
Paddy Power Betfair is featuring Gaming Realms’ Slingo Originals content on its Paddy Power Bingo and Betfair Casino site, with Paddy Power Games and Betfair Bingo to follow shortly
“The combination of Slingo and Starburst will create a new game of significant global stature"
Gaming Realms launches in the US states of Pennsylvania and Michigan in 2021
“Whilst our results were enhanced during the COVID-19 period of self-isolation, I am pleased to say revenues in the second half are holding onto levels achieved during the first six months,” said executive chairman Michael Buckley
The deal with Rush Street Interactive will see Gaming Realm's Slingo Originals portfolio extended into Pennsylvania, Rush Street's largest territory
The mobile gambling content group said its earnings nad revenues have been boosted by the expansion of its partners internationally and the release of new ‘Slingo’ games
Under the terms of the agreement, the developer and licensor of mobile-focused gaming content said Oryx will have access to Gaming Realms' entire Slingo Originals portfolio
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
As a result of the stronger performance, the gambling games group now expects earnings for the year will be “significantly ahead of current market expectations”
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The company said the deal will provide opportunities in categories outside the online real money gaming and lottery segments
Revenue in 2019 from the games licensing business jumped by 84% to £4.1mln
Analysts at house broker Peel Hunt said the deal “greatly increases the revenue potential for Gaming Realms"
Archive
A glance at some of the day's highlights from the Proactive Investors newswire