Gaming Realms PLC Third-party distribution agreement & Board change (2682N)
29 September 2021 - 4:00PM
UK Regulatory
TIDMGMR
RNS Number : 2682N
Gaming Realms PLC
29 September 2021
29 September 2021
Gaming Realms Plc
("Gaming Realms", the "Company" or the "Group")
Third-party distribution agreement with 4ThePlayer.com and Board
change
Gaming Realms plc (AIM: GMR), the developer and licensor of
mobile-focused gaming content, is pleased to announce that it has
entered into a commercial agreement with 4ThePlayer.com, a
developer of innovative mobile-first gambling games, to integrate
its content onto Gaming Realms' platform for distribution in the
U.S.
4ThePlayer.com, co-founded in 2018 by Andrew Porter and Chris
Ash, has a growing portfolio of games that align closely with
Gaming Realms' own Slingo portfolio and are currently being
licensed to gaming operators in Europe.
Under the terms of this third-party distribution agreement, the
first of its kind for Gaming Realms, the best performing
4ThePlayer.com games will be built into the Group's platform and
distributed in the U.S. through Gaming Realms' network of partners.
By the end of November, the Group expects to have integrated and
released the first game. The partnership will deliver 4 to 5 games
in North American markets in 2022 and beyond.
Given the conflicts of interest that could arise and in
accordance with the Company's corporate governance protocols, Chris
Ash is retiring as a Non-Executive Director of Gaming Realms with
immediate effect.
Michael Buckley, Executive Chairman of Gaming Realms, commented:
"Chris joined the Board back in 2019 and has provided valuable
guidance and strategic advice to the executive management, which
has helped to scale our licensing business. Given Chris is a
significant shareholder of 4ThePlayer, it is right that he steps
down from the Board of Gaming Realms in line with our good
corporate governance practice. On behalf of the Company, I would
like to thank Chris for the important contribution he has made to
our success.
"At the same time, we are very excited to be adding a new
revenue line to our business by building a selection of
4ThePlayer.com's games into our platform. Their portfolio of games
complements Gaming Realms' own Slingo content, and their decision
to partner with us highlights the strength of our distribution
network in the U.S."
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.
About 4ThePlayer.com
4ThePlayer .com is a creator of mobile-first gambling games. It
makes slots as well as innovative table games. 4ThePlayer was
founded in July 2018 by a team of luminaries of the gaming
industry, including Andrew Porter and Chris Ash who have a combined
40 years of gaming industry experience.
https://www.4theplayer.com/
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