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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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Gambling News :

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republicís new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

Time is Money Slot Launches - Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock.

ArenaCube Signs 3 New Deals - Under their strategic partnership, ArenaCube and Kiron will develop and launch a new version of Arena Challenge in 2017. The new version of the game will carry Kironís virtual content.

First Woman to Win a WPT Playground Championship - Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.

NHL Odds: Oilers-Blackhawks at the United Cente - Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.

2017 Partypoker.net WPT Playground main event Results - Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.

IGT In Deal With Norsk Tipping - International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.

ZYNGA POKER ENJOYS IMPRESSIVE GROWTH IN 2016 - By re-focusing on the mobile environment and poker, social gaming giant generates revenue of $741 million - without offering real money games!

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