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Pin to quick picksGaming Realms Regulatory News (GMR)

Share Price Information for Gaming Realms (GMR)

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Share Price: 38.70
Bid: 38.70
Ask: 39.50
Change: -0.30 (-0.77%)
Spread: 0.80 (2.067%)
Open: 38.10
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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.
 
END
 
 
TSTUAOWRRKUNRAR
Date   Source Headline
15th Apr 20084:31 pmRNSHolding(s) in Company
11th Apr 20083:55 pmRNSDirectorate Change
9th Apr 200812:27 pmRNSShares In Issue
31st Mar 20087:01 amRNSProposed Placing
28th Mar 200812:49 pmRNSResult of AGM
28th Mar 200811:15 amRNSDirectorate Change
28th Mar 20087:02 amRNSAGM Statement
25th Mar 20085:45 pmRNSChange of AGM Venue
5th Mar 200811:48 amRNSExercise of Options
29th Feb 20087:01 amRNSSign First Bioethanol Plant
6th Feb 200811:00 amRNSHolding(s) in Company
30th Jan 20084:55 pmRNSHolding(s) in Company
30th Jan 200810:00 amRNSAnnual Report and Accounts
28th Jan 20083:14 pmRNSExercise of options
28th Jan 200811:26 amRNSHolding(s) in Company
14th Jan 200810:42 amRNSHolding(s) in Company
10th Jan 20087:01 amRNSBiofuels Update
3rd Jan 20085:53 pmRNSHolding(s) in Company
24th Dec 200711:46 amRNSHolding(s) in Company
21st Dec 20074:17 pmRNSIssue of Equity
19th Dec 20073:27 pmRNSHolding(s) in Company
19th Dec 20079:11 amRNSHolding(s) in Company
18th Dec 200711:31 amRNSDirector/PDMR Shareholding
18th Dec 200711:28 amRNSDirector/PDMR Shareholding
18th Dec 20077:01 amRNSContract Award
5th Dec 20079:46 amRNSDirector/PDMR Shareholding
27th Nov 20077:01 amRNSNon-Exec Director Appointed
27th Nov 20077:01 amRNSPreliminary Results
26th Nov 200710:18 amRNSNotice of Preliminary Results
7th Nov 200712:47 pmPRN3rd Quarter Results
18th Oct 20077:01 amRNSTrading Update
1st Oct 200712:27 pmRNSNon-exec director appointment
25th Sep 20079:46 amRNSExercise of Options
28th Aug 200710:20 amRNSHolding(s) in Company
20th Aug 20073:50 pmRNSDirector/PDMR Shareholding
15th Aug 200710:09 amRNSAIM Rule 26 Information
2nd Aug 20075:24 pmRNSHolding(s) in Company
2nd Aug 20077:04 amRNSFireMist Update
31st Jul 200712:54 pmPRNHalf-yearly Report
25th Jul 20074:35 pmRNSPrice Monitoring Extension
3rd Jul 200710:59 amRNSExercise of Options
21st Jun 20074:07 pmRNSHolding(s) in Company
11th Jun 20077:02 amRNSR&D Update - Bioethanol
11th Jun 20077:01 amRNSInterim Results
4th Jun 20077:00 amPRNGM May Sales
31st May 20078:00 amRNSNotice of Interim Results
30th May 20071:56 pmRNSHolding(s) in Company
23rd May 20072:54 pmRNSHolding(s) in Company
8th May 20077:02 amRNSLaunch of PDX Wort Heater
3rd May 20075:47 pmRNSDirectorate Change

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