Revenue up at Gaming Realms

Finance News

Gaming Realms said underlying earnings (EBITDA) grew 70% in 2021 and that momentum continued in the fourth quarter and into 2022 with game launches in the Netherlands, Spain and Romania in recent months.

The company said it expects revenue for the period to be around 14.5 million pounds ($19.6 million) and adjusted Ebitda to be around GBP5.6 million, up 27% and 70% on year, respectively.

Executive chairman Michael Buckley said: “We are delighted with the performance in 2021, where we launched in new markets and increased the distribution of our expanded Slingo portfolio.

“We have a strong pipeline of opportunities and the outlook is very encouraging, with further expected expansion of our international footprint coupled with additional deals within the markets where our content is already distributed.

“We believe that the strong momentum of last year will continue into 2022 which is demonstrated by entry into regulated markets announced today.”