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Gaming Realms enters new deal to sell its real money gaming platform

Patrick Southon, chief executive of Gaming Realms PLC (LON:GMR), talks Proactive London's Andrew Scott through a new agreement they've signed to sell the company's real money gaming operating subsidiary for £11.5mln.

The cash consideration for these transactions will include the settlement of the contracted deferred consideration of £4.2mln owed by River UK Casino to the group, due in October 2020.

Gaming Realms will retain the Slingo brand and slingo.com intellectual property (IP).

Quick facts: Gaming Realms PLC

Price: 8.0025 GBX

AIM:GMR
Market: AIM
Market Cap: £22.76 m
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Gaming Realms PLC's (LON:GMR) Patrick Southon tells Proactive London's Andrew Scott they've launched their portfolio of Slingo Originals with Kindred, one of Europe’s largest online gambling operators. The developer says Kindred, whose brands include 32Red, Unibet and Bingo.com, will launch...

on 2/10/19

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