Gaming Realms PLC Gaming Realms to host Scandinavian online casino

TIDMGMR

Gaming Realms PLC

20 November 2018

20 November 2018

Gaming Realms Plc

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

Gaming Realms to host Scandinavian online casino

Gaming Realms plc (AIM: GMR), the developer, publisher and licensor of mobile real money and social games, is pleased to announce that its B2B software division, Alchemy Bet, has signed a gaming platform deal with River Game Operations, a subsidiary of River iGaming, the Norwegian listed real money gaming company.

The agreement, which includes a revenue share arrangement, will see Alchemy Bet help to launch River Game Operations' new casino brand, Casonic, in the Scandinavian market, which will be hosted on Gaming Realms' proprietary gaming platform, Grizzly. The new multi-language gaming site will accept and pay out in a number of different currencies, with payments operated by Entercash, which allows players to register direct from their online banking account. Casonic is expected to launch before the end of the year.

This agreement marks an extension of Gaming Realms' relationship with River iGaming, following the acquisition of a number of Gaming Realms' B2C sites and associated business by River UK Casino, a UK subsidiary of River iGaming.

Patrick Southon, Chief Executive Officer of Gaming Realms, said: "This is a significant milestone for Gaming Realms. Whilst we have built games for international markets, this is the first time our proprietary platform will service a casino in a market outside the UK. We're looking forward to seeing Casonic grow its player base and further developing our relationship with River iGaming."

Ends-

Enquiries:

 
 Gaming Realms plc 
  Patrick Southon, CEO 
  Mark Segal, CFO                    0845 123 3773 
 Peel Hunt LLP, Nomad and Broker 
  Dan Webster 
  George Sellar                     020 7418 8900 
 Yellow Jersey                      020 7457 2020 
 Charles Goodwin                    07747 788 221 
 Georgia Colkin                     08725 916 715 
 
 

About Gaming Realms

Gaming Realms creates and publishes innovative real money and social games for mobile, with operations in the UK, U.S. and Canada. Through its market leading mobile platform and 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.

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

NRABKLLFVFFZFBX

(END) Dow Jones Newswires

November 20, 2018 02:02 ET (07:02 GMT)