Shares in Gaming Realms PLC (LSE:GMR, OTCQX:PSDMF) rose 4% on Thursday after the London-listed games developer signed a fresh licensing agreement with US group Light & Wonder.
The deal will see Gaming Realms produce Slingo versions of two of Light & Wonder’s most popular slot machine titles, 88 Fortunes and Huff N’ More Puff, both of which enjoy a strong following in North America.
Slingo, the company’s flagship format, combines bingo-style number matching with slot mechanics.
An option has also been agreed to adapt a third game in the future. The partnership builds on previous collaborations, including September’s launch of Slingo Gold Fish, which merged Slingo gameplay with Light & Wonder’s long-running franchise.
Craig Falciglia, vice president for North America at Gaming Realms, said the new titles would appeal to “dedicated fans” while helping the company strengthen its position in the US and Canada.
The shares rose 1.8% to 45p