Gaming Realms' Slingo portfolio to launch in US

Maryam Cockar Sharecast | 21 Apr, 2017 10:39 | | |

  • 12.62
  • -1.94%-0.25
  • Max: 12.87
  • Min: 12.62
  • Volume: 0
  • MM 200 : n/a
17:18 22/06/17
  • 11,370.59
  • 1.18%133.02
  • Max: 11,370.59
  • Min: 11,194.96
  • Volume: 0
  • MM 200 : n/a
17:18 22/06/17
  • 968.20
  • -0.31%-2.99
  • Max: 970.71
  • Min: 968.11
  • Volume: 0
  • MM 200 : n/a
17:18 22/06/17

Gaming Realms’ Slingo Original portfolio of games has won a license and will be launched in the New Jersey in the US.

The AIM-listed gaming company has already received a transactional waiver from the New Jersey Division of Gaming Enforcement in 2016, and following the launch of the Slingo games in the UK, Gaming Realms has signed agreements with several operators to bring its game library to the regulated New Jersey market through its own remote game server.

March was a record month for New Jersey, with first quarter internet gaming revenue up 32% year-on-year to $59m.

Gaming Realms has made deals to supply its games initially to Resorts Digital Gaming, Caesars Interactive Entertainment, and Pala Interactive, to be launched next month.

Chief executive Patrick Southon said: "Having invested in the development of its unique Slingo Original games portfolio and its own distribution platform, Gaming Realms has an exciting opportunity to generate high margin business-to-business revenues in regulated markets, and we're delighted to have signed deals with some of the biggest gaming brands in the New Jersey market.”

More news

22 Jun US close: Markets end Thursday slightly lower

Wall Street's main indices finished slightly lower on Thursday, against a backdrop of solid readings on the jobs and housing markets.

22 Jun Europe close: Stocks edge higher

European markets finished the session slightly higher for the most part, against a backdrop of positive economic data and heavy news-flow news regarding continued deal-making in the corporate space.

22 Jun FX round-up: Sterling mixed, prone to volatility as PM May heads Brussels

Sterling had a mixed Thursday as PM Theresa May went to Brussels to unveil to European leaders her allegedly more generous plans for the rights of EU citizens in the UK.

22 Jun London close: FTSE scrapes along as PM takes her Brexit show to Brussels

The FTSE scraped along to a lower close as PM Theresa May looked took her Brexit and hung-parliament show to Brussels.

22 Jun Commodities: Crude gets a Thursday fillip higher, but downside risk remains

Prices of crude oil got a Thursday fillip higher as investors took some note of recent falls in US inventories, but nonetheless remain mindful of the black liquid's potential for further declines.

22 Jun Union alleges serious decline in construction inspections

The Unite union issued a statement on Thursday, confirming it was seeking “urgent meetings” with ministers and the Health and Safety Executive (HSE) after a freedom of information (FOI) request revealed a “sharp drop” in construction inspections.

22 Jun EVR virtual reality platform enters global partnership with Microsoft

Virtual reality content creator EVR Holdings announced on Thursday that its subsidiary MelodyVR had entered into a global partnership and ‘Windows Mixed Reality App’ collaboration agreement with Microsoft Corporation.

22 Jun FTSE 250 movers: Rotork boosted by upgrade; JD Sports goes ex-div

London's FTSE 250 down 0.1% to 19,664.53 in afternoon trade.

22 Jun TP Group added to MOD supplier framework

Specialist services and engineering company TP Group announced on Thursday that it had been awarded listing on the ‘Multi-Participant Framework Agreement’ for technical support (FATS/5).

22 Jun Friday preview: Eurozone and US flash PMIs to give early GDP growth reading

The UK corporate diary is all but empty on Friday, with most financial events happening away on foreign shores, with first 'flash' readings of June surveys for the eurozone and US.