Last checked at 27 Aug 2020 07:00
27 August 2020
Gaming Realms Plc
("Gaming Realms", the "Company" or the "Group")
Gaming Realms secures first multi-state direct-integration agreement in the U.S. with Rush Street Interactive
Gaming Realms plc (AIM: GMR), the developer and licensor of mobile focused gaming content, is pleased to announce that it has secured its first multi-state direct-integration agreement with its existing partner Rush Street Interactive ("RSI"), one of the fastest-growing gaming companies in the U.S., as it continues to focus on increasing its presence in the U.S.
The Company's existing partnership agreement with RSI, which currently sees Gaming Realms' full Slingo Originals portfolio distributed in New Jersey through the Group's Remote Game Server ("RGS"), is being extended to incorporate the additional U.S. State of Pennsylvania, RSI's largest territory.
Furthermore, under the terms of the expanded agreement, Gaming Realms' Slingo Originals content will now be directly integrated into RSI's platform, eliminating the need for a distribution partner. This direct integration with RSI for all U.S. markets, including any future markets the parties may decide to enter into together, is set not only to strengthen the relationship between RSI and Gaming Realms, but to offer a stronger user experience and also enhanced margins for the Group.
Michael Buckley, Executive Chairman of Gaming Realms, commented: "We are thrilled to be expanding our existing licensing agreement with Rush Street Interactive, a major player in the U.S. gaming industry which has recently announced its intention to list on the New York Stock Exchange.
"The agreement underscores the quality and popularity of the Group's Slingo games portfolio, and we are delighted to be able to bring our content to a new audience in the U.S. as we increase our market share.
"We look forward to continue working closely with RSI, focusing on our shared commitment to create and offer exciting and innovative content for players across all markets."
Richard Schwartz, President of Rush Street Interactive, commented: "We are excited to extend our partnership with Gaming Realms to be the first online operator in Pennsylvania to bring these top quality and well-known casino games to our players.
"Our PlaySugarHouse.com players in New Jersey love the Slingo Originals portfolio and we have no doubt our players in Pennsylvania will have fun playing these fan favourite, iconic online games just as much."
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 Annabel 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.
To read more please visit: https://www.gamingrealms.com/.
About Rush Street Interactive
Founded in 2012 by industry gaming veterans, RSI is a market leader in online casino and sports betting in the U.S. The Company launched its first online gaming casino site, PlaySugarHouse.com in New Jersey, in September 2016 and was the first gaming company to launch a regulated online gaming site in Pennsylvania. With its BetRivers.com sites, Rush Street Interactive was also the first to launch regulated online gaming in the states of Indiana, Colorado and, most recently, Illinois. RSI has been an early mover in Latin America and was the first U.S.-based gaming operator to launch a legal and regulated online casino and sportsbook, RushBet.co, in the country of Colombia.
For more information, visit www.rushstreetinteractive.com.