Gaming Realms PLC Gaming Realms to host Scandinavian online casino
November 20 2018 - 2:02AM
RNS Non-Regulatory
TIDMGMR
Gaming Realms PLC
20 November 2018
20 November 2018
Gaming Realms Plc
("Gaming Realms", the "Company" or the "Group")
Gaming Realms to host Scandinavian online casino
Gaming Realms plc (AIM: GMR), the developer, publisher and
licensor of mobile real money and social games, is pleased to
announce that its B2B software division, Alchemy Bet, has signed a
gaming platform deal with River Game Operations, a subsidiary of
River iGaming, the Norwegian listed real money gaming company.
The agreement, which includes a revenue share arrangement, will
see Alchemy Bet help to launch River Game Operations' new casino
brand, Casonic, in the Scandinavian market, which will be hosted on
Gaming Realms' proprietary gaming platform, Grizzly. The new
multi-language gaming site will accept and pay out in a number of
different currencies, with payments operated by Entercash, which
allows players to register direct from their online banking
account. Casonic is expected to launch before the end of the
year.
This agreement marks an extension of Gaming Realms' relationship
with River iGaming, following the acquisition of a number of Gaming
Realms' B2C sites and associated business by River UK Casino, a UK
subsidiary of River iGaming.
Patrick Southon, Chief Executive Officer of Gaming Realms, said:
"This is a significant milestone for Gaming Realms. Whilst we have
built games for international markets, this is the first time our
proprietary platform will service a casino in a market outside the
UK. We're looking forward to seeing Casonic grow its player base
and further developing our relationship with River iGaming."
Ends-
Enquiries:
Gaming Realms plc
Patrick Southon, CEO
Mark Segal, CFO 0845 123 3773
Peel Hunt LLP, Nomad and Broker
Dan Webster
George Sellar 020 7418 8900
Yellow Jersey 020 7457 2020
Charles Goodwin 07747 788 221
Georgia Colkin 08725 916 715
About Gaming Realms
Gaming Realms creates and publishes innovative real money and
social games for mobile, with operations in the UK, U.S. and
Canada. Through its market leading mobile platform and 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.
END
NRABKLLFVFFZFBX
(END) Dow Jones Newswires
November 20, 2018 02:02 ET (07:02 GMT)
Gaming Realms (LSE:GMR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Gaming Realms (LSE:GMR)
Historical Stock Chart
From Apr 2023 to Apr 2024