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Gaming Realms plc (PSDMF) drives innovation in mobile gaming through its patented Slingo format and content licensing partnerships across regulated markets. This news hub provides investors and industry professionals with essential updates on operational milestones, financial disclosures, and strategic collaborations.
Access curated announcements including quarterly earnings, new market entries, and game portfolio expansions. Our repository ensures timely tracking of licensing agreements with major operators and technological advancements in mobile-first gaming experiences.
Discover updates on the company's data-driven approach to content optimization and its expansion within key jurisdictions like the UK, North America, and Malta. Regular updates cover partnership developments with iGaming platforms and intellectual property innovations.
Bookmark this page for streamlined access to Gaming Realms' material developments, maintaining awareness of its position as a mobile content licensor in the $90B global gaming industry. Verify time-sensitive filings through official regulatory sources when required.
Gaming Realms (AIM:GMR) has announced a share buyback programme worth £6 million for ordinary shares of 0.1 pence each. The company, which develops and licenses mobile-focused gaming content, revealed a strong financial position with approximately £13.5 million in cash and zero debt as of December 31, 2024.
The buyback programme will commence immediately and continue until August 31, 2025, or until the company's AGM in May 2025, unless renewed. Peel Hunt LLP and Investec Bank Plc will execute the programme independently, with purchases occurring in open market transactions. The maximum authorized purchase is 29,477,644 ordinary shares, with a price cap of 105% of the average middle market quotations over five business days.
Gaming Realms reported strong financial results for 2024, with revenue increasing 22% to £28.5m and Adjusted EBITDA rising 30% to £13.1m. The company's licensing revenue grew 23% to £24.5m, while social publishing revenue increased 14% to £4.0m.
Key operational achievements include releasing 12 new Slingo games, obtaining iGaming licenses in West Virginia and British Columbia, and launching with 44 new global partners. North America became their largest market, representing 54% of content licensing revenue with 59% growth to £12.9m.
Q1 2025 showed continued momentum with a 22% revenue increase in content licensing for the first two months compared to 2024. The company launched in Brazil with four partners and released three new Slingo games. The company also announced a £6m share buyback program, reflecting confidence in their business model.
Gaming Realms reported strong FY24 performance with revenue reaching £28.5 million, up 22% year-over-year, and adjusted EBITDA of £13 million, increasing 30% compared to FY23. The growth was primarily driven by content licensing and expansion across major markets.
During FY24, the company launched its Slingo portfolio with 44 new partners globally and entered West Virginia, its fifth US iGaming market. Gaming Realms' content is now active in 20 regulated markets. The company also renewed its licensing agreement with Scientific Games for the Slingo brand for an additional five years, extending the partnership for lottery games in Australia, Canada, Europe, New Zealand, and the US.
Early 2025 trading shows promising demand for the Slingo portfolio, with the company focusing on product innovation and new market launches. FY24 Preliminary Results are expected during the week of March 31, 2025.
Gaming Realms plc, a developer and licensor of mobile-focused gaming content, reported strong interim results for H1 2024. Key highlights include:
- Total revenue grew 18% to £13.6m
- Core content licensing revenue increased 28% to £11.2m
- Adjusted EBITDA rose 21% to £5.8m
- Profit before tax increased 51% to £3.5m
- Net cash up 28% to £9.6m
The company launched with 22 new partners globally and released 7 new games. Post-period, licensing revenue increased 33% in two months compared to 2023. Gaming Realms expanded into West Virginia and obtained an iGaming Supplier License in British Columbia. The outlook for FY24 remains optimistic, with plans for further international expansion and new game launches.
Gaming Realms PLC has announced the completion of its share capital reduction, following approval by the High Court of Justice on July 16, 2024. The reduction became effective on August 1, 2024, after registration with the Registrar of Companies. This move allows the company to potentially pay dividends to shareholders or use the capital for other corporate purposes, such as share buybacks. However, there are no immediate plans for dividends or share repurchases.
Key points:
- The nominal value of each ordinary share has been reduced to £0.001
- The total number of ordinary shares remains unchanged at 294,826,444
- Shareholders approved the capital reduction at a general meeting on June 12, 2024
Gaming Realms plc (AIM:GMR) has released a pre-close trading update for H1 2024, reporting expected revenue of £13.5 million and adjusted EBITDA of £5.8 million, representing year-on-year increases of 18% and 21% respectively. The company's core content licensing business grew by 28% year-on-year, driven by partnerships with 22 new clients and the launch of 7 new Slingo games. Notable expansions include launches with Fanduel, Atlantic Lottery , and Fanatics in North America, as well as Pokerstars, DAZN, and Entain in Europe. The strong performance has led the Board to believe the company is on track to meet its full-year targets. Gaming Realms expects to announce its 2024 Interim Results in the week commencing September 9, 2024.
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