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Pin to quick picksGaming Realms Regulatory News (GMR)

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30.40    0.00 (0.00%)
Bid:
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Spread: 1.90 (6.291%)
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
28th May 20201:12 pmRNSPosting of Accounts and Notice of AGM
13th May 20207:00 amRNSAgency agreement with Hasbro
5th May 20207:00 amRNSLaunch of Slingo Originals on 888casino.com
28th Apr 20207:00 amRNSAnnual Results 2019
16th Apr 20207:00 amRNSFull Year Results deferral in light of COVID-19
16th Mar 20202:36 pmRNSDirector/PDMR Shareholding
11th Mar 20207:00 amRNSSlingo live with Sky Betting&Gaming and DraftKings
12th Feb 20202:13 pmRNSDirector/PDMR Shareholding
11th Feb 20207:00 amRNSPre-close Trading Update and Board Update
17th Dec 20199:32 amRNSHolding(s) in Company
16th Dec 20197:00 amRNSDirector/PDMR Shareholding
29th Oct 20197:00 amRNSDirector Dealings
15th Oct 20197:00 amRNSBoard appointment
11th Oct 20197:00 amRNSBoard Update
2nd Oct 20197:00 amRNSGaming Realms launches Slingo content with Kindred
26th Sep 20197:00 amRNSInterim Results
4th Sep 20194:35 pmRNSPrice Monitoring Extension
4th Sep 20197:00 amRNSLicensing agreement with Betsson
14th Aug 20197:00 amRNSHolding(s) in Company
7th Aug 20195:14 pmRNSResult of AGM
23rd Jul 20197:00 amRNSPublication of research note
17th Jul 20197:00 amRNSCompletion of Transaction with River
28th Jun 20197:00 amRNSAnnual Results 2018
6th Jun 20197:00 amRNSBoard appointment
5th Jun 20197:00 amRNSDistribution agreement with Relax Gaming
16th May 20197:00 amRNSGlobal distribution deal with Scientific Games
18th Mar 20191:07 pmRNSResult of General Meeting
7th Mar 20192:43 pmRNSPDMR notification
28th Feb 20192:53 pmRNSDirector/PDMR Shareholding
22nd Feb 20197:00 amRNSSale of Real Money Assets to River Group
5th Dec 201810:11 amRNSResult of General Meeting
23rd Nov 20184:40 pmRNSSecond Price Monitoring Extn
23rd Nov 20184:35 pmRNSPrice Monitoring Extension
23rd Nov 20187:00 amRNSDistribution Agreement with Endemol Shine Group
20th Nov 20187:00 amRNSGaming Realms to host Scandinavian online casino
16th Nov 20187:00 amRNSNotice of General Meeting
29th Oct 20187:00 amRNSPrice Monitoring Extension
16th Oct 20184:40 pmRNSSecond Price Monitoring Extn
16th Oct 20184:35 pmRNSPrice Monitoring Extension
16th Oct 20187:00 amRNSPublication of research note
27th Sep 20187:00 amRNSInterim results
16th Aug 20183:30 pmRNSCompletion of sale
18th Jul 20182:22 pmRNSResult of General Meeting
29th Jun 20187:00 amRNSPublication of Circular
28th Jun 20185:59 pmRNSResult of AGM  
27th Jun 20184:10 pmRNSProposed sale of UK Real Money Casino business
7th Jun 20187:00 amRNSWorldwide licensing agreement with GVC Holdings
5th Jun 20187:01 amRNSBoard Changes
5th Jun 20187:00 amRNSFinal Results
29th May 20187:00 amRNSLicensing deal with Sony Pictures Television

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