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Pin to quick picksGaming Realms Regulatory News (GMR)

Share Price Information for Gaming Realms (GMR)

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30.70    0.40 (1.32%)
Bid:
31.00
Ask:
31.60
Spread: 0.60 (1.935%)
Market Cap: £83.67m
GMR Live PriceLast checked at - London Stock Exchange

Intraday Gaming Realms Share Chart

Trading Update

2 Jun 2020 07:00

RNS Number : 6033O
Gaming Realms PLC
02 June 2020
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02 June 2020

Gaming Realms plc

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

Trading Update

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Gaming Realms plc today issues the following trading update for the five months to 31 May 2020 (the "Period").

Following on from the Group's FY19 Preliminary Results announcement on 28 April 2020, in which the Group reported Licensing revenue had grown 90% in Q1 FY20, the Company is pleased to report that Licensing revenue has continued to achieve high levels of growth during April and May and is up 80% over the Period. In addition, revenue from the Group's Social division is up 15% over the Period.

This performance has been underpinned by the continued growth in new licensing partners, such as the recently announced partnerships with 888casino.com, Sky Betting & Gaming in the UK, and Draft Kings in New Jersey, USA. This performance has also been driven by the high level of take-up for the Group's games by the end customers of the Group's partners, aided by the release of three new Slingo games this year.

As a result of this performance, the Board expects that EBITDA for the year ending 31 December 2020 will be significantly ahead of current market expectations.

The Board expects to announce its H1 2020 Interim Results in September 2020.

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Gaming Realms plcΒ 

Michael Buckley, Executive Chairman

Mark Segal, CFO

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0845 123 3773

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Peel Hunt LLP - NOMAD and brokerΒ 

George Sellar

Andrew Clark

Will Bell

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020 7418 8900

Yellow JerseyΒ 

Charles Goodwin

Georgia Colkin

Annabel Atkins

07747 788 221

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This announcement contains inside information within the meaning of the Market Abuse Regulation. The person responsible for arranging release of this announcement on behalf of Gaming Realms plc is Mark Segal, Chief Financial Officer.

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About Gaming Realms

Gaming Realms creates and licenses innovative games for mobile, with operations in theΒ UK,Β U.S.Β andΒ 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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TSTUAOWRRKUNRAR
Date   Source Headline
26th May 20166:21 pmRNSAnnual Financial Report
4th May 20167:00 amRNSResults for the year ended 31 December 2015
28th Apr 20167:39 amRNSLand Based Gaming Machine Licensing Agreement
11th Apr 20167:00 amRNSLaunch of Britain's Got Talent Games Site
23rd Mar 20167:00 amRNSGaming Realms: first U.S. real money gaming deal
21st Mar 20169:00 amRNSAdoption of Financial Reporting Standard (FRS) 101
4th Mar 20163:25 pmRNSCompletion of Disposals
2nd Mar 20167:00 amRNSProposed subscription to raise £1,545,000
16th Feb 20164:56 pmRNSDisposal of Legacy Third Party Platform Websites
27th Jan 20167:00 amRNSTrading Update
4th Jan 20162:58 pmRNSHolding(s) in Company
30th Nov 20155:59 pmRNSHolding(s) in Company
12th Nov 20151:52 pmRNSDirector/PDMR Shareholding
4th Nov 20153:45 pmRNSDirector/PDMR Shareholding
27th Oct 20155:12 pmRNSHolding(s) in Company
19th Oct 201511:15 amRNSTrading Update
8th Oct 20158:45 amRNSIssue of Equity
24th Sep 20157:00 amRNSInterim Results
12th Aug 20155:07 pmRNSHolding(s) in Company
11th Aug 20159:51 amRNSCompletion of Acquisition
10th Aug 20154:35 pmRNSResult of General Meeting
3rd Aug 201512:38 pmRNSDirector/PDMR Shareholding
27th Jul 20154:39 pmRNSDirector/PDMR Shareholding
24th Jul 20157:00 amRNSAcquisition
30th Jun 201511:06 amRNSAnnual Financial Report
4th Jun 20154:00 pmRNSResult of AGM
11th May 20158:09 amRNSNotice of AGM
22nd Apr 20157:00 amRNSPreliminary Results
9th Apr 201511:55 amRNSDisposal of Bingo Godz and CastleJackpot Assets
23rd Mar 20159:00 amRNSTrading Update
20th Feb 20157:00 amRNSHolding(s) in Company
12th Dec 20144:32 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
12th Dec 20142:19 pmRNSSubscription
5th Dec 201411:12 amRNSProposed subscription to raise £2.2 million
4th Dec 20147:00 amRNSInterim Results
1st Oct 20147:00 amRNSIssue of Equity
5th Sep 20144:08 pmRNSCompletion of Acquisition
4th Sep 20144:15 pmRNSResult of General Meeting
19th Aug 20147:00 amRNSProposed Acquisition and Placing
14th Jul 20147:00 amRNSAwarding of Alderney Licence
9th Jul 20144:35 pmRNSPrice Monitoring Extension
3rd Jul 20147:00 amRNSGrant of Share Options
16th Jun 20147:00 amRNSHalf Yearly Report
13th May 20147:00 amRNSAppointment of Non-Executive Director
10th Apr 201411:13 amRNSDirector/PDMR Shareholding
3rd Apr 20144:24 pmRNSHolding(s) in Company
20th Mar 20144:30 pmRNSResult of AGM
20th Mar 20144:02 pmRNSIssue of Equity
27th Feb 20147:00 amRNSAnnual General Meeting and 2013 Annual Report
19th Feb 20147:00 amRNSPreliminary Results

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