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Pin to quick picksGaming Realms Regulatory News (GMR)

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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
28th Jul 20068:56 amRNSTyco Update
26th Jul 200612:30 pmPRNInterim Results
5th Jul 200611:54 amRNSAdditional Listing
4th Jul 20062:38 pmRNSBrewing Development Update
4th Jul 20067:00 amPRNGM June Sales
3rd Jul 20063:34 pmRNSSubsidiary's Contract Win
30th Jun 20063:46 pmPRNStatement re: Tracinda Filing
20th Jun 20064:17 pmPRNStatement re: GM Plans to Amend Credit Facility
16th Jun 20069:04 amRNSHolding(s) in Company
13th Jun 20067:01 amRNSInterim Results
2nd Jun 20067:00 amPRNGM Sales
25th May 20067:00 amRNSNotice of Results
17th May 20064:17 pmPRNRestructure Proposals
9th May 20067:00 amPRNGM Finalizes First-Quarter Results
5th May 200611:21 amRNSAdditional Listing
3rd May 20067:00 amPRNGM April Sales
20th Apr 20061:02 pmPRN1st Quarter Results
11th Apr 20062:47 pmPRNDisposal
5th Apr 20063:11 pmRNSHolding(s) in Company
4th Apr 20067:00 amPRNGM March Sales
3rd Apr 200612:31 pmPRNRe Agreement
31st Mar 20063:46 pmPRNDelphi Court Motions
29th Mar 20067:00 amPRNGM Annual Report and Accounts
22nd Mar 20067:00 amRNSAcquisition
17th Mar 20067:00 amPRNGM Final Results
15th Mar 20062:12 pmRNSDirector/PDMR Shareholding
8th Mar 20067:03 amRNSDirector/PDMR Shareholding
6th Mar 200611:08 amRNSHolding(s) in Company
6th Mar 20069:00 amPRNGM to Sell Equity Stake in Suzuki
3rd Mar 200610:44 amRNSHolding(s) in Company
2nd Mar 20068:48 amRNSHolding(s) in Company
2nd Mar 20067:00 amPRNGM February Sales
1st Mar 20067:01 amRNSHolding(s) in Company
10th Feb 200610:33 amRNSHolding(s) in Company
7th Feb 20061:47 pmPRNRestructure Proposals
7th Feb 20067:00 amPRNGM Directorate Change
3rd Feb 20064:28 pmRNSHolding(s) in Company
2nd Feb 20067:00 amPRNGM January Sales
1st Feb 200610:14 amRNSDirector/PDMR Shareholding
27th Jan 20067:01 amRNSAGM Statement
26th Jan 20061:37 pmPRNFinal Results
17th Jan 20069:09 amRNSHolding(s) in Company
13th Jan 20062:27 pmPRNResult of Meeting
4th Jan 20067:00 amRNSAdditional Listing
15th Dec 20054:36 pmRNSDirector/PDMR Shareholding
15th Dec 200512:19 pmRNSDirector/PDMR Shareholding
15th Dec 20058:17 amRNSGrant of Global Licence
2nd Dec 20057:05 amPRNGM November Sales
25th Nov 20057:00 amRNS3rd US distributor appointed
16th Nov 20059:20 amRNSHolding(s) in Company

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