Gaming Realms PLC (LON:GMR) is launching its Slingo Originals content with Sky Betting & Gaming (SBG) in the UK and with DraftKings in the US state of New Jersey.
Under the three-year deal with SBG, the mobile gambling games firm will make its Slingo Rainbow Riches content available on the platform’s Sky Vegas online casino, which will then be followed by a further roll-out of Slingo Originals content across other SBG sites.
READ: Gaming Realms forecasts revenues ahead of expectations, CEO steps down
Meanwhile, under a separate three-year partnership with US digital sports entertainment and gaming firm DraftKings, Gaming Realms will provide Slingo Originals content for the company’s New Jersey site.
“It is thanks to leading operators such as SBG and DraftKings that we are increasing our global footprint and reaching ever greater numbers of customers”, said Gaming Realms interim chief executive and chairman Michael Buckley.
“We are extremely pleased to be partnering with such esteemed operators in the industry and look forward to working closely with the teams at both SBG and DraftKings to deliver exciting and unique content to all their users over the coming months. These agreements help to underpin the Board's confidence in the year ahead", he added.
In a note, Gaming Realms' house broker Peel Hunt retained their 'buy' rating and 16p target price, saying the deals were important milestones on the journey converting Gaming Realms into a pure-play B2B games provider".
The shares surged 11.1% to 6p in early deals on Wednesday.
--Adds broker comment and share price--