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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."
Gambling News :
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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