Gaming Realms PLC Granting of Pennsylvania gaming licence (7054Z)
25 May 2021 - 04:00PM
UK Regulatory
TIDMGMR
RNS Number : 7054Z
Gaming Realms PLC
25 May 2021
25 May 2021
Gaming Realms Plc
("Gaming Realms", the "Company" or the "Group")
Gaming Realms granted Interactive Gaming Manufacturer Licence in
U.S. State of Pennsylvania
Gaming Realms plc (AIM: GMR), the developer and licensor of
mobile focused gaming content, is pleased to announce that it has
been awarded an Interactive Gaming Manufacturer Licence by the
Pennsylvania Gaming Control Board, marking the Group's third U.S.
state licence and its continuing U.S. market expansion.
Pennsylvania is the fifth most populous state in the U.S. with a
population of circa 13 million people. The licence will allow
Gaming Realms to provide its Slingo Originals game content to the
State's licenced online casino operators, a market which grew by
574% in terms of revenue in 2020. Gaming Realms expects to go live
in Pennsylvania and in Michigan in the near future.
Michael Buckley, Executive Chairman of Gaming Realms, commented:
"We are delighted to have been granted our licence in Pennsylvania,
where iGaming revenues grew by nearly 600% in 2020. We are now
licenced in the three largest states for iGaming, and look forward
to more states regulating in the future.
"We have signed a number of multi-state deals and direct
integration agreements with some of the largest operators in the
U.S., giving an excellent opportunity to capitalise on the
expansion of the exciting U.S. iGaming market."
Enquiries:
Gaming Realms plc
Michael Buckley, Executive Chairman
Mark Segal, CFO 0845 123 3773
Peel Hunt LLP - NOMAD and broker
George Sellar
Andrew Clark
Will Bell 020 7418 8900
Yellow Jersey
Charles Goodwin
A nnabel Atkins
Annabelle Wills 07747 788 221
About Gaming Realms
Gaming Realms creates and licenses innovative games for mobile,
with operations in the UK, U.S. and Canada. Through its unique IP
and brands, Gaming Realms is bringing together media, entertainment
and gaming assets in new game formats. The Gaming Realms management
team includes accomplished entrepreneurs and experienced executives
from a wide range of leading gaming and media companies.
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