Gaming Realms shares surge after announcing jump in revenue
Gaming Realms said revenue has continued to achieve high levels of growth during April and May and is up 80% over the Period. In addition, revenue from the Group’s Social division is up 15% over the Period.
This performance has been underpinned by the continued growth in new licensing partners, such as the recently announced partnerships with 888casino.com, Sky Betting & Gaming in the UK, and Draft Kings in New Jersey, USA.
This performance has also been driven by the high level of take-up for the Group’s games by the end customers of the Group’s partners, aided by the release of three new Slingo games this year.
As a result of this performance, the Board expects that EBITDA for the year ending 31 December 2020 will be significantly ahead of current market expectations.