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Gaming Realms Trading Update

UPBEAT TRADING UPDATE FROM GAMING REALMS

Launch Slingo real-money website.

Gaming Realms Plc released a trading update Monday reporting a strong third quarter with revenues up 48 percent and the launch of Slingo.comon its proprietary platform.

Slingo.com, recently acquired from Real Networks Inc.,  is expected to materially enhance Gaming Realms’ revenues into 2016 the company said.

Key performance highlights for the 12 weeks ending September 30, 2015 include:

-    Total group revenue of GBP 6.2 million, up 48 percent.  Includes revenue from Real Networks assets acquisition.

-    Real money net gaming revenue increased by 18 percent to GBP 2.8 million.

-     Average UK daily revenue increased by 47 percent to GBP 67 914 (Q2/2015: GBP 46 000), with average group daily revenue rising to GBP 81 340 since August 11, 2015.

-    Slingo Riches accounted for 16 percent of gross gaming revenues on platform in Q3/2015.

-    Slingo free to play mobile apps generated a monthly record of $500 000 revenue during September 2015.

-    Overall Group revenues are in line with market expectations for the full year ending December 31, 2015
 
"The launch of a Slingo based real money site is the first step in the integration and development of the assets acquired in August from Real Networks,” commented chief executive officer Patrick Southon.  “This new gambling site will build on the success of the Slingo Riches game which has been operating on our platform since April 2015.”
 
"We believe that this new product, targeted at our key mobile based demographic, will enable us to continue our revenue and player growth into 2016 and beyond. It will also expand our differentiated product offering in the UK gambling market."



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MLB Odds: Jays Hope to Spoil Orioles’ Visit - The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.

Money Storm Casino - Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.

Big Online SLot Win on Ultimate 10X Slot - At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000

MPN Greatest Poker Player in the Universe - The MPN announces the third annual Universal Championship of Poker (UCOP III), boasting €750,000 guaranteed across 59 tournament events this September

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