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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%)
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Open: 36.30
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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
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16th Sep 20107:00 amRNSDecon JV Agreement
7th Sep 201010:59 amRNSHolding(s) in Company
6th Sep 20107:00 amRNSBrewing Contract
17th Aug 20107:00 amRNSBiofuels Contract and Appointments
11th Aug 20104:40 pmRNSExercise of Options
11th Aug 20107:00 amRNSBrewing certification awarded
3rd Aug 20107:00 amRNSManagement Appointment
23rd Jul 201011:17 amRNSReplacement - Exercise of Options
22nd Jul 20104:00 pmRNSExercise of Options
7th Jul 20107:00 amRNSHolding(s) in Company
29th Jun 20107:00 amRNSBio-fuels line of business launched
29th Jun 20107:00 amRNSInterim Results
25th May 20102:29 pmRNSDate Notification
11th May 20102:37 pmRNSHoldings in Company
6th May 20103:44 pmRNSTotal Voting Rights
30th Apr 20107:00 amRNSProposed placing
29th Apr 20107:00 amRNSExercise of Options
27th Apr 20107:00 amRNSAnalyst and Investor Event
22nd Apr 20107:00 amRNSPDX teams with K?rcher
6th Apr 201010:07 amRNSHolding(s) in Company
1st Apr 20103:39 pmRNSExercise of Options
29th Mar 20105:20 pmRNSResult of AGM
29th Mar 20107:00 amRNSAGM Statement
24th Mar 20104:53 pmRNSAnalyst and investor event
23rd Mar 20105:09 pmRNSHolding(s) in Company
3rd Mar 20107:00 amRNSAppointment
25th Feb 20107:00 amRNSPursuit Dynamics Brewing Announcement
2nd Feb 20103:28 pmRNSExercise of Options
6th Jan 20103:36 pmRNSHolding(s) in Company
17th Dec 20099:30 amRNSAnnual Report and Accounts
16th Dec 20092:27 pmRNSPDMR and Holdings in Company
10th Dec 200910:43 amRNSExercise of Options
30th Nov 20097:00 amRNSPreliminary Results
11th Nov 20098:00 amRNSDate Notification
30th Sep 20092:18 pmRNSExercise of Options
28th Sep 20094:27 pmRNSCEO Appointment Correction
28th Sep 20094:08 pmRNSGrant of Options
25th Sep 20095:44 pmRNSResult of General Meeting
24th Sep 20096:19 pmRNSHolding(s) in Company
18th Sep 200911:58 amRNSHolding(s) in Company - Replacement
17th Sep 20092:16 pmRNSHolding(s) in Company
16th Sep 20094:34 pmRNSHolding in Company

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