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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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Prev. Close: 35.90
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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
31st Oct 20129:22 amRNSFurther re Press Speculation
5th Oct 201211:00 amRNSFinancing Update
6th Sep 20125:24 pmRNSTR-1: Notification of major interest in shares
22nd Aug 201210:20 amRNSResponse to Press Comment
10th Aug 201211:54 amRNSChange of Adviser
10th Jul 20124:40 pmRNSSecond Price Monitoring Extn
10th Jul 20124:35 pmRNSPrice Monitoring Extension
28th Jun 20127:00 amRNSUpdate on Strategic Review
22nd Jun 20124:35 pmRNSPrice Monitoring Extension
20th Jun 20123:12 pmRNSTR-1: Notifications of Major Interests in Shares
13th Jun 20123:37 pmRNSTR-1: Notifications of Major Interests in Shares
24th May 20127:00 amRNSHalf Yearly Report
22nd May 20124:07 pmRNSTR-1: Notifications of Major Interests in Shares
21st May 20127:00 amRNSProctor & Gamble Update
18th May 20129:03 amRNSStmnt re Share Price Movement
25th Apr 201212:39 pmRNSExtension of Joint Development Agreement
2nd Apr 20124:20 pmRNSDirector/PDMR Shareholding
27th Mar 20122:34 pmRNSResult of AGM
27th Mar 20127:00 amRNSAGM Statement
15th Mar 201211:07 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
15th Mar 201211:06 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
14th Mar 20128:00 amRNSTR-1: Notification of Major Interest in Shares
14th Mar 20128:00 amRNSTR-1: Notification of Major Interest in Shares
14th Mar 20128:00 amRNSTR-1: Notification of Major Interest in Shares
14th Mar 20127:00 amRNSReplacement - Grant of Options
13th Mar 201211:44 amRNSTotal Voting Rights
12th Mar 201211:40 amRNSGrant of Options
9th Mar 20123:00 pmRNSRESULT OF RIGHTS ISSUE
8th Mar 20128:15 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
8th Mar 20128:00 amRNSExercise of Options
1st Mar 20128:00 amRNSDirector/PDMR Shareholding
28th Feb 20121:15 pmRNSDisclosure of Short Position
28th Feb 201210:50 amRNSHolding(s) in Company
28th Feb 201210:48 amRNSHolding(s) in Company
23rd Feb 20122:07 pmRNSPursuit Dynamics Plc
22nd Feb 20124:47 pmRNSPublication of Prospectus
16th Feb 201212:47 pmRNSFurther re Rights Issue
1st Feb 20123:50 pmRNSShort Selling Disclosure
1st Feb 20121:51 pmRNSHolding(s) in Company
19th Dec 201111:01 amRNSShort Selling Disclosure wrt to rights
19th Dec 201111:01 amRNSShort Selling Disclosure wrt to rights
19th Dec 201110:53 amRNSShort Selling Disclosure wrt to rights
16th Dec 20112:18 pmRNSDisclosure of Short Position
15th Dec 20117:00 amRNSDirectorate Change
15th Dec 20117:00 amRNSFinal Results
15th Dec 20117:00 amRNSRights Issue
1st Dec 201110:01 amRNSResults Webcast
9th Nov 20111:00 pmRNSProduct Launch
31st Oct 201110:46 amRNSReplacement:Notice of Results
31st Oct 20118:00 amRNSNotice of Results

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