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Pin to quick picksGaming Realms Regulatory News (GMR)

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30.10    -0.20 (-0.66%)
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Spread: 1.00 (3.30%)
Market Cap: £82.04m
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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
30th Mar 20077:01 amRNSAGM Statement
28th Mar 20073:57 pmRNSHolding(s) in Company
28th Mar 20073:54 pmRNSHolding(s) in Company
20th Mar 20073:14 pmRNSHolding(s) in Company
16th Mar 20074:29 pmRNSHolding(s) in Company
14th Mar 20072:26 pmPRNFinal Results
13th Mar 20073:29 pmRNSHolding(s) in Company
7th Mar 200712:37 pmRNSRepeat Order for Sonics
6th Mar 20072:56 pmRNSHolding(s) in Company
6th Mar 20072:55 pmRNSHolding(s) in Company
6th Mar 20072:54 pmRNSHolding(s) in Company
2nd Mar 20077:00 amPRNGM February Sales
26th Feb 20075:10 pmRNSExercise of Options
20th Feb 20072:36 pmRNSHolding(s) in Company
20th Feb 20072:33 pmRNSTotal Voting Rights
19th Feb 20077:00 amPRNGM Provides Update on Accounting Issues
14th Feb 200711:47 amRNSResult of EGM
12th Feb 20073:03 pmRNSBoard Change
2nd Feb 20077:00 amPRNGM January Sales
23rd Jan 200710:15 amRNSFurther re EGM
22nd Jan 20077:01 amRNSNotice of EGM
4th Jan 20077:00 amPRNGM December Sales
22nd Dec 200612:00 pmRNSTotal Voting Rights
20th Dec 20068:00 amRNSChange of Adviser
18th Dec 20061:15 pmPRNAdditional Listing
7th Dec 20067:01 amRNSFinal Results
4th Dec 20067:00 amPRNGM November Sales
28th Nov 20064:09 pmRNSNotice of Results
28th Nov 20062:21 pmRNSHolding(s) in Company
2nd Nov 20067:00 amPRNGM October Sales
25th Oct 200612:23 pmPRN3rd Quarter Results
12th Oct 20069:25 amRNSHolding(s) in Company
11th Oct 20063:52 pmRNSHolding(s) in Company
11th Oct 20061:17 pmRNSHolding(s) in Company
9th Oct 20064:10 pmRNSHolding(s) in Company
9th Oct 20064:09 pmRNSHolding(s) in Company
6th Oct 20062:36 pmPRNHolding(s) in Company
6th Oct 20062:35 pmPRNDirector/PDMR Shareholding
6th Oct 20062:33 pmPRNDirector/PDMR Shareholding
6th Oct 20067:01 amRNSPre-Close Trading Update
4th Oct 20067:00 amPRNGM Board Amends Bylaws
4th Oct 20067:00 amPRNGM September Sales
22nd Sep 20068:54 amRNSSecond Tyco Update
19th Sep 20063:40 pmRNSHolding(s) in Company
13th Sep 20061:28 pmPRNHolding(s) in Company
8th Sep 20067:01 amRNSManagement Changes
2nd Aug 20063:15 pmRNSHolding(s) in Company
2nd Aug 20067:00 amPRNGM Revises Reported Second Quarter Financial Results
2nd Aug 20067:00 amPRNDividend Declaration
28th Jul 20068:56 amRNSTyco Update

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