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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

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Gaming Realms PLC Announces Approval of iGaming Supplier License in Ontario

Approval of iGaming Supplier License in Ontario

LONDON, UK / ACCESSWIRE / March 9, 2022 / Gaming Realms Plc ("Gaming Realms", the "Company" or the "Group") (AIM:GMR), the developer and licensor of mobile focused gaming content, is pleased to announce that its subsidiary, Alchemybet Limited, has been awarded an iGaming Supplier license to supply games within the Canadian province of Ontario ahead of the opening of the province's regulated iGaming market on 4 April 2022.

Gaming Realms' entry into the Canadian iGaming market marks a significant milestone for the Group, presenting a long-term growth opportunity as the Company focuses on providing its Slingo Originals game content to Ontario's licensed online casino operators.

With a population of 15 million, Ontario is larger than any State within the U.S. that is currently licensed for iGaming. It is reasonable to expect that revenues will be higher than New Jersey, Michigan or Pennsylvania, where the Company is currently supplying its Slingo Originals content.

The Company will launch its full games portfolio in Ontario and is now preparing for launch as the market opens.

With regard to current trading, whilst early in the year, 2022 has started well with revenues in excess of management's expectations, giving management confidence in the outlook.

Michael Buckley, Executive Chairman of Gaming Realms, commented: "Ontario should be a bigger market for Gaming Realms than any of the U.S States that have regulated so far, so we are very excited to have been awarded our supplier license in this territory.

"Our approval marks an important step in the Group's growth trajectory as we focus on expanding and strengthening our global presence and bringing our hugely popular and innovative Slingo content to new audiences."

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
Annabel 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Gaming Realms PLC



View source version on accesswire.com:
https://www.accesswire.com/692176/Gaming-Realms-PLC-Announces-Approval-of-iGaming-Supplier-License-in-Ontario

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