Direct-integration agreement secured with BetMGM

RNS Number : 6645M

Gaming Realms PLC

25 January 2021

 

25 January 2021

Gaming Realms plc

("Gaming Realms" or the "Company")

Gaming Realms secures direct-integration agreement with BetMGM to increase U.S. presence

Slingo Originals content expected to launch in Pennsylvania and Michigan in H1 2021

Gaming Realms plc (AIM: GMR), the developer and licensor of mobile focused gaming content, is pleased to announce that it has secured a new three-year direct-integration agreement with BetMGM, a leading sports-betting and online gaming operator, to increase the Company's presence in the United States.

BetMGM is a Joint Venture for iGaming between MGM Resorts International and Entain plc (formerly GVC plc).

Under the terms of the new agreement, Gaming Realms' Slingo content will be directly integrated into BetMGM Casino in Pennsylvania and Michigan during H1 2021. The direct-integration agreement reinforces the relationship between Gaming Realms and BetMGM and will facilitate the Group's access to additional U.S. markets in the future.

Gaming Realms' Slingo content is currently available through BetMGM Casino in New Jersey.

Michael Buckley, Executive Chairman of Gaming Realms, commented: "We are delighted to have secured an extended agreement with BetMGM, who have been a fantastic partner in successfully distributing our Slingo portfolio to the New Jersey iGaming market. The new deal will allow us to work more closely with BetMGM going forward and will bring our hugely popular Slingo content to an even greater segment of the U.S. market. We remain focused on consolidating and expanding our reach in the U.S. and look forward to providing further updates in due course." 

Matthew Sunderland, Vice President, Gaming of BetMGM, commented: "BetMGM consistently brings a world-class gaming experience to our players across the U.S. We've found a great partner with Gaming Realms and our new agreement demonstrates our commitment to delivering next level gaming experiences. BetMGM Casino players in New Jersey have embraced Gaming Realms' Slingo portfolio and we anticipate a similar reaction as we roll out Gaming Realms' content throughout 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 Georgia Colkin Annabel Atkins	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 BetMGM

BetMGM is a market leading sports betting and digital gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT ), BetMGM has exclusive access to all of MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's US-licensed state of the art technology, BetMGM offers sports betting and online gaming via market leading brands including BetMGM, Borgata Casino, Party Casino and PartyPoker.

For more information, visit  http://www.betmgminc.com/ .

 

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