Gaming Realms PLC Distribution agreement with Relax Gaming

TIDMGMR

Gaming Realms PLC

05 June 2019

5 June 2019

Gaming Realms Plc

("Gaming Realms", the "Company" or the "Group")

Gaming Realms signs distribution agreement with Relax Gaming

Gaming Realms plc (AIM: GMR), the developer and licensor of mobile focused games, is pleased to announce that it has signed a games distribution agreement with Relax Gaming Group ("Relax Gaming"), the gaming content provider and distribution platform.

The 3-year agreement will see Gaming Realms' Slingo content go live with Relax Gaming in the coming weeks, with the Company receiving a share of the revenue generated from gaming operators adopting its Slingo games via Relax Gaming's distribution platform. The Relax Gaming platform provides access to over 350+ casino brands.

Patrick Southon, Chief Executive of Gaming Realms, said: "Relax Gaming has built a platform that is growing its international reach and has excellent distribution into the Nordic region, where there is a large gaming market. This will give us access to a new audience of gaming sites and opens up a large market for our Slingo content, which continues to grow in popularity.

"This agreement, in addition to that recently signed with Scientific Games, aligns with our strategy of focusing on games development and licensing."

Daniel Eskola, CEO at Relax Gaming, commented: "It was an easy decision to sign the agreement with Gaming Realm's Slingo as we look to take on the most engaging content from third-parties.

"We are building a compelling proposition for operators and providers alike, with a rich portfolio of games delivered on the basis of commercial transparency."

Ends-

Enquiries:

 
 Gaming Realms plc 
  Patrick Southon, CEO 
  Mark Segal, CFO                   0845 123 3773 
 Peel Hunt LLP, Nomad and Broker 
  George Sellar 
  Guy Pengelley                     020 7418 8900 
 Yellow Jersey                      07747 788 221 
 Charles Goodwin 
 Georgia Colkin 
 
 

About Gaming Realms

Gaming Realms creates and licenses innovative games for mobile, with operations in the UK, U.S. and Canada. Through its unique IP and brands, Gaming Realms is bringing together media, entertainment and gaming assets in new game formats. The Gaming Realms management team includes accomplished entrepreneurs and experienced executives from a wide range of leading gaming and media companies.

About Relax Gaming

Relax Gaming Group was founded in 2010 with the goal of simplifying B2B content delivery for the modern iGaming landscape. With transparency and collaboration central to its ethos, its recent and rapid expansion has been conceived in order to deliver unparalleled global reach.

Via a quick one-time integration, Relax Gaming now provides access to a roster of 570+ casino games and a diverse range of proprietary products, including Poker, Bingo and its own rapidly expanding slot portfolio. The high-quality aggregated content is provided through its selected Silver Bullet (commercially represented) and Powered By (commercially independent) partners.

Regulated markets are also at the heart of its growth strategy, with licenses held in multiple jurisdictions including: the Malta Gaming Authority, Alderney Gambling Control Commission, the UK Gambling Commission and the Romanian National Gaming Office (ONJN). In addition to licensed operations, Relax Gaming fully supports regulated markets such as Denmark, Sweden, Estonia and Latvia.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

NRAUGUQWQUPBGRC

(END) Dow Jones Newswires

June 05, 2019 02:01 ET (06:01 GMT)