Licensing agreement with NetEnt

RNS Number : 2960B

Gaming Realms PLC

07 October 2020

 

7 October 2020

Gaming Realms plc

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

Gaming Realms signs licensing agreement with NetEnt for multiple Slingo games based on NetEnt IP

Gaming Realms plc, the developer and licensor of mobile focused gaming content, is pleased to announce that it has signed a multi-year licensing agreement with leading provider of premium gaming solutions to online casino operators, NetEnt, to develop Slingo games based on NetEnt's renowned IP. The first game to be launched will be Slingo Starburst.

Under the terms of the agreement, Gaming Realms will have the right to license NetEnt's acclaimed slot brand, Starburst, to create a contemporary gaming experience that combines both Gaming Realms' popular Slingo genre and the iconic features of the Starburst slot game.

The first game following this agreement, Slingo Starburst, will be available worldwide and will be distributed to the online Real Money Gaming ("RMG") market in early 2021.

Mark Segal, Chief Financial Officer of Gaming Realms, commented:

"We're thrilled to have secured the licensing rights to NetEnt brands - their slot games have dominated the gaming industry for years. The combination of Slingo and Starburst will create a new game of significant global stature bringing together the best features of both, making this collaboration very exciting for fans."

Andy Whitworth, Chief Commercial Officer at NetEnt, commented:  

"To widen the reach of our portfolio and building brand awareness in new markets is a vital part of our strategy. Gaming Realms has an extraordinary reach among Slingo fans, especially in the US. We are certain that great games will come out from combining Gaming Realms' expertise, the Slingo grid mechanic and our renowned IP."

Enquiries:

Gaming Realms plc  Michael Buckley, Executive Chairman Mark Segal, CFO	0845 123 3773
Peel Hunt LLP - NOMAD and broker  George Sellar Andrew Clark Will Bell	020 7418 8900
Yellow Jersey  Charles Goodwin Georgia Colkin A nnabel Atkins	07747 788 221

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 NetEnt

NetEnt (publ) is a leading digital entertainment company, providing premium gaming solutions to the world's most successful online casino operators. wo rld's most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by their cutting-edge platform. With innovation at its core, NetEnt is committed to helping customers stay ahead of the competition. NetEnt is listed on Nasdaq Stockholm (NET-B), employs 900 people and has offices in Stockholm, Malta, Kiev, Gothenburg, New Jersey, Krakow and Gibraltar. www.netent.com

 

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