- Gaming Realms and BetMGM launch Slingo Originals in Michigan
- Gaming Realms reaping the benefits from shift to licensing
- Gaming Realms slots another piece of strategic puzzle into place
- Gaming Realms remain focused on ‘growing new global markets’ and ‘delivering on strategy’
Quick facts: Gaming Realms PLC
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.
29 Jun 2021
() said it launched its Slingo Originals content in Michigan, USA, with BetMGM after receiving a provisional licence earlier this year.
BetMGM, a partnership between MGM Resorts and Ladbrokes owner Entain, is a leading sports betting and online gaming operator in the US and, as of May 2021, is the market leader of the igaming market in Michigan, Gaming Realms added.
Three Slingo games have been launched under the terms of the agreement with more scheduled to follow shortly.
Gaming Realms added that it also has agreements with other operators in Michigan and its full portfolio of Slingo Originals games is set to go live over the coming weeks in the US state.
21 Jun 2021
() said it has signed a licensing agreement with multinational gaming and lottery firm PLC ().
Under the terms of the deal, Gaming Realms said it will produce Slingo games based on some of the highest-performing slots brands within IGT’s game library including Cleopatra and Da Vinci Diamonds.
25 May 2021
(), a mobile gaming content developer and licensor, said it has been awarded an interactive gaming manufacturer licence by the Pennsylvania Gaming Control Board, marking the group’s third US state licence.
The licence will allow Gaming Realms to provide its Slingo Originals game content to licenced online casino operators in the state. Pennsylvania has a population of around 13 million people and is the fifth most populous state in the country.
12 May 2020
A change in strategy two years ago for online casino game specialist () is starting to pay off.
Instead of competing with the giants of the gambling industry for players’ cash, it now partners with these same groups and provides them with content.
29 Jun 2021
‘s () launch of three Slingo games in Michigan with BetMGM, the joint venture between Entain and MGM is another piece of the strategic puzzle slotting into place as expected, says Peel Hunt.
“With continued solid underlying growth in online gambling markets and a bow wave for Gaming Realms from relatively recent client wins,” buy is its recommendation with a 60p target price.
Michigan, which legalised both sports betting and online gaming in January 2021, has grown quickly to be the third-largest state in terms of GGR, much faster growth than was expected prior to launch.
28 Apr 2021
‘s () Mark Segal joins Proactive London’s Katie Pilbeam to discuss the highlights of 2020 and ambitions for 2021.
Segal says they remain committed to the expansion of their global footprint, particularly in the US and European regulated markets, by increasing and strengthening their network of distributors, operators and licensors.
Licensing revenues in the first quarter of 2021 rose by 60% year-on-year to GBP2.1mln from GBP1.3mln the year before and licensing revenues rose by 81% in 2020 to GBP7.5mln from GBP4.1mln in 2019. The loss before tax narrowed to GBP1.58mln from GBP4.66mln the previous year.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is…
In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash…
13 hours, 25 minutes ago
14 hours, 17 minutes ago
19 hours, 33 minutes ago
1 week, 2 days ago
Gaming Realms PLC’s (LON:GMR) Mark Segal joins Proactive London’s Katie Pilbeam to discuss the highlights of 2020 and ambitions for 2021.
Segal says they remain committed to the expansion of their global footprint, particularly in the US and European regulated markets, by increasing and…
16 hours, 56 minutes ago
4 days, 17 hours ago
4 days, 18 hours ago
6 days, 18 hours ago
1 week, 1 day ago
1 week, 5 days ago
1 week, 6 days ago
2 weeks, 1 day ago
22 hours, 47 minutes ago
1 week, 2 days ago
2 weeks, 2 days ago
4 weeks ago