Gaming Realms inks licensing agreement with IGT

Mobile-focused gaming content developer Gaming Realms has signed a licensing agreement with gaming and lottery multinational International Game Technology.

Gaming Realms said on Monday that under the terms of the agreement, it will produce Slingo games, an entertainment genre that combines elements of slots and bingo, based on some of the highest-performing slots brands within IGT's game library, including the Cleopatra and Da Vinci Diamonds brands.

Chairman Michael Buckley said: "Combining Slingo with IGT's iconic proprietary gaming brands represents a compelling partnership, as we accelerate expansion across the US and European markets.

"Given the popularity of IGT's titles, this is a fantastic opportunity for Gaming Realms to introduce its Slingo genre to new audiences and welcome a new generation of Slingo fans."

As of 0930 BST, Gaming Realms shares were up 2.42% at 33.80p.