|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Gaming Realms||LSE:GMR||London||Ordinary Share||GB00BBHXD542||ORD 10P|
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|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)|
Gaming Realms PLC New Jersey, USA Licenses & Launch
Gaming Realms PLC
21 April 2017
Gaming Realms plc (GMR)
Slingo Original Games Portfolio Licensed and to be Launched Imminently in New Jersey, USA
Gaming Realms plc, the owner and developer of Slingo, today announces its first B2B content licensing deals for its Slingo Original portfolio of games.
Having already received a transactional waiver from the New Jersey Division of Gaming Enforcement in 2016, and following the success of its Slingo portfolio of games in the UK, GMR has signed agreements with several operators to bring its proprietary game library to the regulated New Jersey market via its own Remote Game Server (RGS).
New Jersey's online gambling market continues to show strong growth. March 2017 was a record month for the state, with 2017 Q1 internet gaming revenues up 32% year on year to $59m.
Gaming Realms has entered into agreements to supply its award-winning games initially to Resorts Digital Gaming, Caesars Interactive Entertainment, and Pala Interactive and expects to launch May 2017.
Patrick Southon GMR CEO said:
"Having invested in the development of its unique Slingo Original games portfolio and its own distribution platform, Gaming Realms has an exciting opportunity to generate high margin B2B revenues in regulated markets, and we're delighted to have signed deals with some of the biggest gaming brands in the New Jersey market."
21 April 2017
Gaming Realms plc 0845 123 3773 Patrick Southon, CEO Mark Segal, CFO Instinctif 020 7457 2020 Matthew Smallwood Justine Warren
About Gaming Realms
Gaming Realms is one of the fastest growing gaming companies, creates intelligent game technology with a platform that can take all kinds of game content and publish it anywhere; a personalized engine that creates efficient promotion and player satisfaction. A combination of analytics and algorithms to drive a winning business. Gaming Realms develops, publishes and licenses next-generation mobile gaming content. Our market-leading mobile technology powers content distribution and monetization across real money and social gaming markets. For more information please visit our website at www.gamingrealms.com
This information is provided by RNS
The company news service from the London Stock Exchange
(END) Dow Jones Newswires
April 21, 2017 02:00 ET (06:00 GMT)
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