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Gaming Realms Q1-2016 Earning Report

GAMING REALMS FLYING HIGH IN FISCAL REPORT

Trading update extends positive momentum into 2016.

Mobile gaming developer Gaming Realms plc delivered strong full year 2015 results and reports continued upward momentum during its first quarter of 2016.

Key performance highlights for the full year ending December 31, 2015 include:

-    Revenue up 116 percent to GBP 21.2 million (FY/2014: GBP 9.8 million, 15m/2014: GBP 11.2 million).

-    Real money gaming revenue up 362 percent to GBP 10.8 million (FY/2014: GBP 2.3 million, 15m/2014: GBP 2.7 million).

-    Social and licensing revenue up 294 percent to GBP 2.5 million (FY/2014: GBP 0.6m, 15m/2014: GBP 1.2 million).

-    Total new depositing players up 55 percent to 169,988 (FY/2014: 109,561, 15m/2014 138,852).

-    Adjusted EBITDA loss of GBP 4.1 million (15m/2014: GBP 7.8 million) which includes marketing investment of GBP 11.5 million (15m/2014: GBP 10.2 million).
 
 Key performance indicators for the three months ending March 31, 2016 include:

-    Revenue up 100 percent to GBP 7.5 million (Q1/2015: GBP 3.8 million).

-    Real money gambling revenue up 128 percent to GBP 4.2 million (Q1/2015: GBP 1.8 million).

-    Social and licensing revenue up 643 percent to GBP 2.0 million (Q1/2015: GBP 0.3 million).

-    Total new depositing players increased 73 percent to 62,106 (Q1/2015: 35,857).

"The launch of our proprietary platform at the start of 2015 and acquisition of Slingo IP and games has transformed the business and our content proposition,” Patrick Southon, chief executive officer of Gaming Realms said.  “The progress made at the start of 2016, with a number of licence agreements in place with major brands and media publishing companies, means that Gaming Realms is opening up a number of new channels to market its games across both real money and social segments. The Group is on track to continue its targeted growth for the year."



Gambling News :

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

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