Gaming Realms' Slingo portfolio to launch in US
Gaming Realms’ Slingo Original portfolio of games has won a license and will be launched in the New Jersey in the US.
FTSE AIM All-Share
728.67
15:45 15/11/24
Gaming Realms
38.40p
14:34 15/11/24
Industrial Engineering
11,826.25
15:44 15/11/24
The AIM-listed gaming company has already received a transactional waiver from the New Jersey Division of Gaming Enforcement in 2016, and following the launch of the Slingo games in the UK, Gaming Realms has signed agreements with several operators to bring its game library to the regulated New Jersey market through its own remote game server.
March was a record month for New Jersey, with first quarter internet gaming revenue up 32% year-on-year to $59m.
Gaming Realms has made deals to supply its games initially to Resorts Digital Gaming, Caesars Interactive Entertainment, and Pala Interactive, to be launched next month.
Chief executive Patrick Southon said: "Having invested in the development of its unique Slingo Original games portfolio and its own distribution platform, Gaming Realms has an exciting opportunity to generate high margin business-to-business revenues in regulated markets, and we're delighted to have signed deals with some of the biggest gaming brands in the New Jersey market.”