Tag Archives: Patrick Southon

Gaming Realms agrees on takeover of Bear Group

SBC News Gaming Realms agrees on takeover of Bear Group

London-listed Gaming Realms has confirmed the sale of Bear Group, its real-money gaming operating subsidiary to River iGaming, whilst further offloading its 30 per cent share in River UK Casino. The sale was agreed for a cash consideration of £11.5m, which is set to include the settlement of the contracted deferred consideration of £4.2 million owed to Gaming Realms by …

Read More »

Gaming Realms sells 70% in UK B2C assets to Norwegian investment firm

SBC News Gaming Realms sells 70% in UK B2C assets to Norwegian investment firm

London AIM-listed Gaming Realms Plc has confirmed that it will sell 70% of its UK B2C division to Norwegian online gambling investment firm River iGaming for £23 million consideration.  Confirming the transaction, Gaming Realms governance is set to divest its B2C brands of Spin Genie, Pocket Fruity and the ITV syndicated Britain’s Got Talent and XFactor Games. Updating investors, Gaming …

Read More »

Gaming Realms expands ITV content partnership

SBC News Gaming Realms expands ITV content partnership

London AIM-listed mobile games and platform developer Gaming Realms Plc has expanded its licensing agreement with UK broadcaster ITV. The new deal secured by Gaming Realms will allow the developer of mobile games to produce gaming titles for the ITV syndicated shows of ‘Dancing on Ice’, ‘The Only Way is Essex’ and ‘Hell’s Kitchen’. Gaming Realms governance stated that its …

Read More »

New London-AIM share issue sees Gaming Realms raise £1.1 million

SBC News New London-AIM share issue sees Gaming Realms raise £1.1 million

Updating the market, London AIM-listed industry mobile games and platform developer Gaming Realms Plc has confirmed that it has raised £1.1 million (before expenses) following its subscription of +10 million new shares. Priced at 0.10p each, Gaming Realms governance details that the new subscription represents approximately 3.8% of the firms existing share capital. Updating investors, Gaming Realms detailed that the …

Read More »

Gaming Realms secures ITV ‘Love Island’ games development partnership

SBC News Gaming Realms secures ITV 'Love Island' games development partnership

Industry next-generation games developer Gaming Realms Plc has this week announced that it has secured content rights with UK broadcaster ITV to build and develop gaming products for its hit reality TV show ‘Love Island’. The London AIM-listed games developer will build ‘Love Island’ based games in partnership with Storm Games studio, which will be hosted through Gaming Realms mobile …

Read More »

Gaming Realms launches AI real-money skill game ‘Magic Mine’

SBC News Gaming Realms launches AI real-money skill game 'Magic Mine'

London AIM-listed Gaming Realms has launched its new game title ‘Magic Mine’, stating that it has brought ‘the first genuine skill-based’ real-money game to the online casino market. Specifying its release, Gaming Realms details Magic Mine as a ‘match 3 symbols’ game in the mold of popular social games Gold Rush, Candy Crush and Zuma. Gaming Realms states that Magic …

Read More »

Express Newspapers gains online gambling assets with Gaming Realms partnership

SBC News Express Newspapers gains online gambling assets with Gaming Realms partnership

Northern & Shell UK news publisher Express Newspapers, have agreed to a real money and social games partnership with industry content and platform provider Gaming Realms. Confirming the partnership, Gaming Realms governance disclosed that Express Newspapers’ the ‘Daily Express’ and ‘Daily Star’ would launch of two new online gaming websites, Star Wins and Express Wins.  The UK gaming websites will …

Read More »

Gaming Realms doubles revenues to £21 million as corporate losses narrow in 2015

SBC News Gaming Realms doubles revenues to £21 million as corporate losses narrow in 2015

Presenting its full-year 2015 results, London AIM-listed mobile gambling operator Gaming Realms Plc reported that it had narrowed FY losses to £7.8 million (FY 2014 £9.8 million). Gaming Realms who operates mobile centric casino brands, Pocket Fruity, Slingo, Spin Genie and Britain’s Got Talent Games reported that it had almost doubled company revenues to £21 million (FY 2014: £11.2 million) …

Read More »

Gaming Realms sells third party websites for £2.9 million

SBC News Gaming Realms sells third party websites for £2.9 million

London AIM listed gaming operator Gaming Realms Plc has confirmed that it has sold its third party operated website properties to Silverspin Media and Blackspark Ltd for a total sum of £2.9 million. Gaming Realms is set to receive a cash payment of £1.2 million from Blackspark Ltd, with a further £500,000 attached to deal for transitional services agreed for …

Read More »