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Gaming Realms PLC

Gaming Realms enters new deal to sell its real money gaming platform

Patrick Southon, chief executive of Gaming Realms PLC (LON:GMR), talks Proactive London's Andrew Scott through a new agreement they've signed to sell the company's real money gaming operating subsidiary for £11.5mln.

The cash consideration for these transactions will include the settlement of the contracted deferred consideration of £4.2mln owed by River UK Casino to the group, due in October 2020.

Gaming Realms will retain the Slingo brand and slingo.com intellectual property (IP).

Quick facts: Gaming Realms PLC

Price: £0.06

Market: AIM
Market Cap: £17.63 m
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Gaming Realms' Slingo: Still going strong after 20 years

Philip Tuck, director of Business Intelligence at Gaming Realms PLC (LON:GMR), talks to Proactive about their decision to focus more on licensing and content development rather than operating games. Tuck also gives a walk through and demonstration of one of their popular games -...

on 27/7/18

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