Gaming Realms PLC Gaming Realms secures U.S. multi-state agreement
August 27 2020 - 02:00AM
RNS Non-Regulatory
TIDMGMR
Gaming Realms PLC
27 August 2020
27 August 2020
Gaming Realms Plc
("Gaming Realms", the "Company" or the "Group")
Gaming Realms secures first multi-state direct-integration
agreement in the U.S. with Rush Street Interactive
Gaming Realms plc (AIM: GMR), the developer and licensor of
mobile focused gaming content, is pleased to announce that it has
secured its first multi-state direct-integration agreement with its
existing partner Rush Street Interactive ("RSI"), one of the
fastest-growing gaming companies in the U.S., as it continues to
focus on increasing its presence in the U.S.
The Company's existing partnership agreement with RSI, which
currently sees Gaming Realms' full Slingo Originals portfolio
distributed in New Jersey through the Group's Remote Game Server
("RGS"), is being extended to incorporate the additional U.S. State
of Pennsylvania, RSI's largest territory.
Furthermore, under the terms of the expanded agreement, Gaming
Realms' Slingo Originals content will now be directly integrated
into RSI's platform, eliminating the need for a distribution
partner. This direct integration with RSI for all U.S. markets,
including any future markets the parties may decide to enter into
together, is set not only to strengthen the relationship between
RSI and Gaming Realms, but to offer a stronger user experience and
also enhanced margins for the Group.
Michael Buckley, Executive Chairman of Gaming Realms, commented:
"We are thrilled to be expanding our existing licensing agreement
with Rush Street Interactive, a major player in the U.S. gaming
industry which has recently announced its intention to list on the
New York Stock Exchange.
"The agreement underscores the quality and popularity of the
Group's Slingo games portfolio, and we are delighted to be able to
bring our content to a new audience in the U.S. as we increase our
market share.
"We look forward to continue working closely with RSI, focusing
on our shared commitment to create and offer exciting and
innovative content for players across all markets."
Richard Schwartz, President of Rush Street Interactive,
commented: " We are excited to extend our partnership with Gaming
Realms to be the first online operator in Pennsylvania to bring
these top quality and well-known casino games to our players.
"Our PlaySugarHouse.com players in New Jersey love the Slingo
Originals portfolio and we have no doubt our players in
Pennsylvania will have fun playing these fan favourite, iconic
online games just as much."
Enquiries:
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
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.
To read more please visit: https://www.gamingrealms.com/ .
About Rush Street Interactive
Founded in 2012 by industry gaming veterans, RSI is a market
leader in online casino and sports betting in the U.S. The Company
launched its first online gaming casino site, PlaySugarHouse.com in
New Jersey, in September 2016 and was the first gaming company to
launch a regulated online gaming site in Pennsylvania. With its
BetRivers.com sites, Rush Street Interactive was also the first to
launch regulated online gaming in the states of Indiana, Colorado
and, most recently, Illinois. RSI has been an early mover in Latin
America and was the first U.S.-based gaming operator to launch a
legal and regulated online casino and sportsbook, RushBet.co , in
the country of Colombia.
For more information, visit www.rushstreetinteractive.com .
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