ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

GMR Gaming Realms Plc

36.20
0.30 (0.84%)
03 May 2024 - Closed
Delayed by 15 minutes
Gaming Realms Investors - GMR

Gaming Realms Investors - GMR

Share Name Share Symbol Market Stock Type
Gaming Realms Plc GMR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.30 0.84% 36.20 16:23:18
Open Price Low Price High Price Close Price Previous Close
36.30 35.80 36.80 36.20 35.90
more quote information »
Industry Sector
INDUSTRIAL ENGINEERING

Top Investor Posts

Top Posts
Posted at 03/5/2024 17:40 by epicsurf
NetBet Denmark has agreed a deal with iGaming supplier Gaming Realms.

Gaming Realms develops, publishes and licenses mobile gaming content with a variety of games in its portfolio, with its Slingo games said to be some of the more popular ones among its players.

A Slingo game is an online single and multi-player game that combines elements of slots and bingo.

Through this deal, NetBet Denmark players will be able to participate in a range of games from the developer, including Slingo Rainbow Riches, Slingo XXXtreme and Slingo Centurion, as well as other games of different formats.

Prior to this, last month alone saw NetBet significantly expand its presence in Denmark.

In the region, it agreed deals with Amusnet Gaming, G Games, Nolimit City, Play’n Go, Stakelogic, Wazdan, Habanero and Pragmatic Play.

NetBet Denmark’s PR Manager Claudia Georgevici said: "At NetBet, we understand that Slingo games are incredibly popular with our players. That’s why we aim to provide them with the widest possible range of these games, so there’s always something new for them to enjoy.

“Gaming Realms have an excellent range of Slingo titles and have established themselves as an influential figure in online gaming, which makes them the perfect partner for a mutually beneficial and productive relationship."

In other partnership news this week, Kambi Group has agreed a long-term on-property sportsbook deal with Mohegan to provide its sportsbook at two retail locations in Pennsylvania.

Gaming Realms has had a busy March and April. At the beginning of the period, the Company’s commercial team attended Enada, a gaming exhibition in Italy, where the team enjoyed networking with other industry experts. Gareth Scott, the Company’s Chief Commercial Officer, also attended SIGMA America’s in Brazil. Additionally, in March, Gaming Realms hosted a ‘lunch and learn’ to celebrate International Women’s’ Day. Continuing to champion women, Gaming Realms’ regional account manager, Mariachiara Lagravinese interviewed with both Gioconews and Gaming Intelligence. The Company have also seen four employees nominated for Women in Gaming Awards.

At the beginning of April, the Company announced its Annual Results for 2023, which saw a 26% increase in revenue and coverage of these positive results was published in the Independent, Proactive Investors and iGaming Business.

The last few months have also been full of exciting award nominations for the whole team including being shortlisted for Casino Content Supplier of the Year at the Italian Gaming Awards 2024, Gaming Licensed Content and Game Retro Style at the Casinobeats Game Developer Awards and Mobile Supplier at the EGR B2B Awards.

Games

Gaming Realms was off to the races in early April with the launch of Slingo Constitution Hill to celebrate this year’s Grand National. Also in April, the Company launched Slingo Gold Cash Freespins. Finally, Gaming Realms went live with Slingo Capital Gains. This new game offers a blend of the popular AGS slot Capital Gains, paired with Slingo’s famous format, giving players an exciting fusion of cash prizes, bonus rounds and big jackpots.

Operators and Market Expansion

In Europe, the Company has gone live in Spain with Casino777, Casino Barcelona and Bettson Spain and with WINNITT in the Netherlands. In the UK Gaming Realms has gone live with Benconstruct and with DAZN which also went live in Spain during this period.

Over in the USA, the Company went live with Fanduel and Mohegan Sun in Pennsylvania whilst over in Michigan Gaming Realms went live with Fanatics.
Posted at 25/4/2024 11:59 by epicsurf
Couple of pieces
We are thrilled to have gone live with Casino Barcelona in Spain 🇪🇸
Also, quite a long write up in investors chronicle
Posted at 28/3/2024 17:59 by epicsurf
Nice piece on gaming realms Around the 63 minutes mark
Worth a listen
On today's Easter stock picking fest, I was delighted to speak to accomplished investor John Hugham of Vox Markets – including:
ttps://www.voxmarkets.co.uk/articles/the-exchange-7f80804/
Posted at 16/3/2024 16:39 by epicsurf
Source interactive investor

Online gaming firm Gaming Realms 

GMR

0.57%

 moved into profit in 2021 and it has been accelerating ever since. The easing of online gaming regulation in the US has provided much of the momentum for growth. A limited number of states have legalised online gaming and there could be others that follow suit over the long-term.

Gaming Realms develops and licences games for mobile, and major gaming firms are clients. The main brand is Slingo. There is a brand licensing deal with Tetris Inc, the holder of the rights to the eponymous falling blocks game, to produce Tetris Slingo mobile. There is also a social gaming operation that does not involve cash betting, but this is becoming less important to the group.



Games developed can be launched in different markets around the world, and the number of countries that the company is involved in is rising.

In 2023, revenues were at a record level of £23 million. Underlying EBITDA was at least £10 million, which means that pre-tax profit could nearly double to around £6.4 million.

Net cash was £7.5 million at the end of 2023. That figure could double this year, which shows the cash generative potential of the business.

Growth is coming from adding additional partners and moving into new countries. West Virginia is the seventh state where Gaming Realms has licensees. Variable costs are 20% of revenues. A 2024 pre-tax profit of £9.2 million is forecast. The shares are trading on less than 14 times estimated 2024 earnings.
Posted at 07/3/2024 18:08 by epicsurf
Article from investors chronicle today
Rest is hidden behind paywall

Gaming Realms (GMR) shot up to near the top of our latest growth at a reasonable price (GARP) screen, passing all of our tests. Last time around it came in near the bottom of the rankings, having failed our earnings per share (EPS) downgrade and share price (and/or) earnings momentum tests. This makes it a good time to take a fresh look at the developer and licensor of mobile-focused gaming content, which broker Investec argues "is a rare gem in the B2B [business-to-business] gambling space
Posted at 05/2/2024 10:00 by mylands
With the way the market overall is trading, sideways, and moving down, investors will take any opportunity to trim their holding with a spike up in an SP, as we are seeing today with GMR.

I like the buy rating forecast of 50p by Cannacord, that's an uplift of over 30% from the 37.9p buy price now.
Posted at 04/1/2024 19:19 by pj84
As an investor in both Gaming Realms and Entain. I have just listened to the following interview with the BetMGM CEO which is 50% owned by Entain in a JV and although slightly off-topic there was a mention of Slingo just after 29 mins.
Posted at 06/10/2023 20:10 by pj84
Thanks epicsurf I am surprised the recording is still not available through the Investor Meet site!
Posted at 02/10/2023 15:14 by epicsurf
Article in daily mail today basically transfered from proactive investor
So not new hopefully will raise the profile
Posted at 14/8/2023 07:54 by mylands
GMR is ‘below the radar’ of small investors that move a stock like this, hence the reaction to Blandford’s SIGNIFICANT buy.

Something looks like happening to the stock for him to invest so much.

Your Recent History

Delayed Upgrade Clock