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Gaming Realms wants flexibility over Jackpotjoy loan

In December last year, Gaming Realms agreed to supply Jackpotjoy with real money services for ten years
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Online bingo is Gaming Realms speciality

Gaming Realms PLC (LON:GMR) wants permission to issue shares, if required, for a £3.5mln loan owing to mining and casino games group Jackpotjoy.

In December last year, Gaming Realms agreed to supply Jackpotjoy with Slingo-based real money services for ten years. The loan was agreed alongside that agreement and Gaming Realms is calling a meeting for permission to issue shares if Jackpotjoy elects to convert all or some of the loan.

Jackpotjoy is owned by JPJ PLC (LON:JPJ).

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