IN BRIEF: Gaming Realms raises US profile with IGT...
Gaming Realms PLC - London-based mobile betting games developer - Signs licensing deal with International Game Technology, a multinational gaming and lottery company. Says it will produce Slingo games, which incorporate IGT's high performing slots brands, including Cleopatra and Da Vinci Diamonds. Slingo games combine elements of slots and bingo. The deal marks Gaming Realms' ambitions to expand into the US. In May, Gaming Realms was granted an interactive gaming licence in Pennsylvania, its third state licence in the US to date.
Chair of Gaming Realms, Michael Buckley, says: "Combining Slingo with IGT's iconic proprietary gaming brands represents a compelling partnership, as we accelerate expansion across the US and European markets. Given the popularity of IGT's titles, this is a fantastic opportunity for Gaming Realms to introduce its Slingo genre to new audiences and welcome a new generation of Slingo fans."
Current stock price: 32.70 pence, down 0.9% on Monday afternoon
Year-to-date change: up 50%
By Scarlett Butler; scarlettbutler@alliancenews.com