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Gaming Realms in three significant deals
Wednesday, January 27, 2016 : GAMING REALMS INK THREE SLINGO LICENSING DEALS.
Exposing the brand to new markets and player channels.
Social gaming-focused Gaming Realms Plc announced three significant deals with Zynga, Endemol and Fremantle Media on the back of preliminary results for the full year 2015 period in which it reported an increase in group revenues of 116 percent and real-money-gaming revenue of 305 percent.
The new Slingo licensing agreements will see the brand extend into new player channels and markets.
Gaming Realm’s agreement with Fremantle Media will see the brand included in its X Factor brand backed by a significant marketing campaign set for launch in the third quarter of 2016.
Endemol will develop a new game leveraging the Slingo format and Endemol’s Deal or No Deal brand which is expected to launch in the second quarter 2016.
Last, but not least, Zynga will bring a new Slingo branded slot game to the social casino market, paying Gaming Realm’s a royalty on net revenue over a three-year term.
"We are excited by what has already been achieved in social gaming following the acquisition of RealNetwork Inc.'s mobile games assets as we look to build out our games offering and publishing capabilities” chief executive officer Patrick Southon said. “The Group is already reaping the benefits of the acquisition, evident by the signing of the agreements with Fremantle, Endemol and Zynga.”
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Online Lottery Scammers Arrested in Jamaica -
Jamaicas Lottery Scam Task Force, a special unit set up by the Jamaican police to combat the national embarrassment that online lottery scams have become, has been in action again this week, arresting 4 individuals in predawn operations Friday.
AMAZON SHOWS INCREASING INTEREST IN E-SPORTS -
Launched during the annual Twitchcon expo in San Diego this week, the new currency will integrate directly with Twitch as the retailer looks to chase monetisation with the promotion of the currency.
Gameaccount H1-2016 numbers -
On Friday Dermot Smurfits GameAccount Network (GAN) business posted its H1-2016 numbers, reporting a net pre-tax loss of GBP 2.3 million - an improvement on the GBP 2.6 million it lost in the same period last year.
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
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