20 November 2018
Gaming Realms Plc
("Gaming Realms", the "Company" or the "Group")
Gaming Realms to host Scandinavian online casino
Gaming Realms plc (AIM: GMR), the developer, publisher and licensor of mobile real money and social games, is pleased to announce that its B2B software division, Alchemy Bet, has signed a gaming platform deal with River Game Operations, a subsidiary of River iGaming, the Norwegian listed real money gaming company.
The agreement, which includes a revenue share arrangement, will see Alchemy Bet help to launch River Game Operations' new casino brand, Casonic, in the Scandinavian market, which will be hosted on Gaming Realms' proprietary gaming platform, Grizzly. The new multi-language gaming site will accept and pay out in a number of different currencies, with payments operated by Entercash, which allows players to register direct from their online banking account. Casonic is expected to launch before the end of the year.
This agreement marks an extension of Gaming Realms' relationship with River iGaming, following the acquisition of a number of Gaming Realms' B2C sites and associated business by River UK Casino, a UK subsidiary of River iGaming.
Patrick Southon, Chief Executive Officer of Gaming Realms, said: "This is a significant milestone for Gaming Realms. Whilst we have built games for international markets, this is the first time our proprietary platform will service a casino in a market outside the UK. We're looking forward to seeing Casonic grow its player base and further developing our relationship with River iGaming."
Gaming Realms plc
Patrick Southon, CEO
Mark Segal, CFO
0845 123 3773
Peel Hunt LLP, Nomad and Broker
020 7418 8900
020 7457 2020
07747 788 221
08725 916 715
About Gaming Realms
Gaming Realms creates and publishes innovative real money and social games for mobile, with operations in the UK, U.S. and Canada. Through its market leading mobile platform and 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.