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Pin to quick picksGaming Realms Regulatory News (GMR)

Share Price Information for Gaming Realms (GMR)

London Stock Exchange
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Share Price: 36.20
Bid: 35.80
Ask: 36.20
Change: 0.30 (0.84%)
Spread: 0.40 (1.117%)
Open: 36.30
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Trading Update

2 Jun 2020 07:00

RNS Number : 6033O
Gaming Realms PLC
02 June 2020
 

02 June 2020

Gaming Realms plc

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

Trading Update

 

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.

 

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

 

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.

 

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.

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
16th Sep 20091:54 pmRNSTotal Voting Rights
10th Sep 20098:00 amRNSNotice of General Meeting
9th Sep 200912:20 pmRNSDirector/PDMR Shareholding
9th Sep 20097:00 amRNSProposed Placing
1st Sep 20097:00 amRNSAppointment of new CEO
27th Aug 20097:00 amRNSAppointment of Broker
26th Aug 20099:00 amRNSExercise of Options
24th Aug 20099:00 amRNSExercise of Options
14th Jul 20093:27 pmRNSGrant of Options
30th Jun 20097:00 amRNSInterim Results 2009
23rd Jun 20094:40 pmRNSSecond Price Monitoring Extn
23rd Jun 20094:35 pmRNSPrice Monitoring Extension
8th Jun 20093:21 pmRNSNotice of Results
4th Jun 20094:28 pmRNSHolding(s) in Company
21st May 200910:16 amRNSIBEC Update
20th May 200910:49 amRNSHolding(s) in Company
6th May 20092:58 pmRNSHolding(s) in Company
3rd Apr 20091:44 pmRNSIBEC Update
27th Mar 20091:47 pmRNSResult of AGM
27th Mar 20097:00 amRNSAGM Statement
24th Mar 20095:07 pmRNSAnnual Report and Accounts
20th Mar 200910:43 amRNSHolding(s) in Company
12th Jan 20094:40 pmRNSSecond Price Monitoring Extn
12th Jan 20094:35 pmRNSPrice Monitoring Extension
15th Dec 20084:33 pmRNSDirectors Dealings Replacement
15th Dec 200812:07 pmRNSDirectors Dealings
11th Dec 20087:00 amRNSPreliminary Results
4th Dec 20087:00 amRNSNew contract signed
14th Oct 20087:00 amRNSPre-Close Trading Update
8th Oct 200810:35 amRNSHolding(s) in Company
2nd Oct 20087:00 amRNSLetter Of Intent Signed With Babcock & Brown
26th Sep 200811:25 amRNSHolding(s) in Company
19th Sep 200812:03 pmRNSHolding(s) in Company
16th Sep 20084:35 pmRNSPrice Monitoring Extension
16th Sep 20089:33 amRNSDirector/PDMR Shareholding
2nd Sep 20084:13 pmRNSExercise of Options
13th Aug 20082:04 pmRNSGrant of Options
5th Aug 20083:50 pmRNSHolding(s) in Company
4th Aug 20085:04 pmRNSDirectorate Change
31st Jul 200811:11 amRNSExercise Of Options
28th Jul 200811:53 amRNSHolding(s) in Company
8th Jul 20083:49 pmRNSExercise Of Options
4th Jul 200810:43 amRNSStatement re. Press Comment
1st Jul 200811:48 amRNSDirector/PDMR Shareholding
30th Jun 20084:49 pmRNSDirector Dealings - Chairman
30th Jun 20087:00 amRNSInterim Results
25th Jun 200812:38 pmRNSNotice of Results
16th Jun 20087:00 amRNSEADS Deutschland License Agre
4th Jun 200812:19 pmRNSFireMist Launch
1st May 20086:21 pmRNSHolding(s) in Company

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