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Pin to quick picksGaming Realms Regulatory News (GMR)

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30.40    0.20 (0.66%)
Bid:
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Spread: 0.20 (0.66%)
Market Cap: £82.91m
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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
13th Aug 20217:00 amRNSNotice of Results
28th Jul 20215:19 pmRNSBLOCK LISTING SIX MONTHLY RETURN
26th Jul 20212:22 pmRNSHolding(s) in Company
29th Jun 20217:00 amRNSGaming Realms launches content in Michigan, U.S.A
21st Jun 20217:00 amRNSGaming Realms signs licensing agreement with IGT
14th Jun 20217:45 amRNSDirector/PDMR Shareholding
2nd Jun 20212:15 pmRNSResult of AGM and GM
25th May 20217:00 amRNSGranting of Pennsylvania gaming licence
13th May 20217:00 amRNSExtended SLINGO® agreement with Scientific Games
11th May 202112:39 pmRNSPosting of Accounts and Notice of AGM & GM
4th May 20211:58 pmRNSTotal Voting Rights and Share Capital
29th Apr 20217:00 amRNSGaming Realms commences trading on OTCQX Market
27th Apr 20217:00 amRNSAnnual Results 2020
22nd Apr 20214:35 pmRNSPrice Monitoring Extension
14th Apr 20214:38 pmRNSHolding(s) in Company
6th Apr 20217:00 amRNSNotice of Results
1st Apr 20214:41 pmRNSSecond Price Monitoring Extn
1st Apr 20214:35 pmRNSPrice Monitoring Extension
31st Mar 202110:34 amRNSTotal Voting Rights and Share Capital
25th Mar 20214:41 pmRNSSecond Price Monitoring Extn
25th Mar 20214:36 pmRNSPrice Monitoring Extension
2nd Mar 20212:22 pmRNSBLOCK LISTING SIX MONTHLY RETURN
1st Mar 20215:29 pmRNSTotal Voting Rights and Share Capital
11th Feb 20217:00 amRNSPre-close Trading Update
2nd Feb 20217:00 amRNSGaming Realms enters the Italian gaming market
29th Jan 20217:00 amRNSTotal Voting Rights and Share Capital
25th Jan 20217:00 amRNSDirect-integration agreement secured with BetMGM
11th Jan 20211:44 pmRNSHolding(s) in Company
6th Jan 20217:00 amRNSProvisional iGaming supplier license in Michigan
4th Jan 202110:52 amRNSTotal Voting Rights and Share Capital
18th Dec 20203:43 pmRNSDirector/PDMR Shareholding
8th Dec 20207:00 amRNSTrading Update
22nd Oct 20207:00 amRNSSlingo Originals launches with Paddy Power Betfair
7th Oct 20207:00 amRNSLicensing agreement with NetEnt
18th Sep 20202:43 pmRNSDirector/PDMR Shareholding
16th Sep 20207:00 amRNSHolding(s) in Company
8th Sep 20207:00 amRNSInterim Results
7th Sep 20204:41 pmRNSSecond Price Monitoring Extn
7th Sep 20204:36 pmRNSPrice Monitoring Extension
27th Aug 20207:00 amRNSGaming Realms secures U.S. multi-state agreement
18th Aug 20207:00 amRNSTrading Update
6th Aug 20207:00 amRNSNotice of Interim Results
5th Aug 20207:00 amRNSGaming Realms signs agreement with Oryx Gaming
29th Jul 202012:59 pmRNSDirector/PDMR Share Dealings
24th Jul 20207:00 amRNSBlock listing, PDMR transaction, issue of equity
16th Jul 20204:35 pmRNSPrice Monitoring Extension
23rd Jun 20204:36 pmRNSPrice Monitoring Extension
10th Jun 20205:15 pmRNSResult of AGM
3rd Jun 20207:00 amRNSDirector/PDMR Share Dealings
2nd Jun 20207:00 amRNSTrading Update

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