Full iGaming Licence in Michigan & Trading Update

RNS Number : 9607Q

Gaming Realms PLC

02 November 2021

 

2 November 2021

Gaming Realms Plc

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

Approval of Full iGaming Supplier Licence in Michigan

&

Trading Update

Gaming Realms plc (AIM: GMR), the developer and licensor of mobile focused gaming content, is pleased to announce that since being issued with its provisional iGaming Supplier Licence in Michigan in January 2021, it has now been approved for a full licence by the state regulator, adding to its two other full licences for New Jersey and Pennsylvania. In terms of new gaming licences, the Company's application to supply games in Ontario has been submitted and is currently being processed.

The Company continues to be encouraged by the performance of its games across its North American and European markets and remains confident of meeting its full year targets. During Q3 2021, content licensing revenue increased 35% year on year whilst the new licensing and games pipeline has also grown. The Company is also pleased to announce that its Slingo content has recently gone live with Wynnbet in New Jersey and Fanduel in Michigan.

Michael Buckley, Executive Chairman of Gaming Realms, commented: "Gaming Realms is on track to deliver another excellent year of growth. Looking ahead, we have a strong pipeline of new licensing agreements and with the approval of a full iGaming Supplier Licence in Michigan we have further cemented our position in the US market. With our application process underway for Ontario we continue to look forward with confidence." 

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 A nnabel Atkins Annabelle Wills	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.

 

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