Monday, January 22, 2018

Gaming Realms inks two-year deal with Golden Nugget

World Casino News
Gaming Realms inks two-year deal with Golden Nugget

UK-based gaming company Gaming Realms plc (LON:GMR) announced on Monday that it has penned a two-year license and revenue sharing agreement with Golden Nugget that has seen its Slingo Originals range launched on The developer, publisher and licensor of mobile real-money and social games reportedly said that, per the terms of the two-year agreement, the AIM-traded firm has launched on the Golden Nugget website seven ‘Slingo Originals’ titles, including the well-received Slingo Extreme, Slingo games and Slingo Riches. According to Shares Magazine, additional new games titles will also be launched over the coming months. In 2017, a 30 percent share of the New Jersey online gaming market was reportedly held by Golden Nugget, making it the Garden State’s largest operator. The prior year, the Golden Nugget experienced a 36.4 percent year-over-year increase in online gaming revenues, which resulted in its market share in 2016 going up to 21.5 percent compared with 20.8 percent the year prior. In December 2017, the casino reportedly brought in upwards of $6 million in revenue for the fifth time and for the third consecutive month for the first time ever, according to the Online Poker Report. Patrick Southon, CEO for Gaming Realms, said, “Working with New Jersey's largest online gaming operator is a fantastic opportunity for Gaming Realms,” according to the UK news agency. “Given the size of Golden Nugget's player base and success of Slingo to date, we are excited by the commercial prospects of our partnership,” added Southon. Also commenting on the deal, Golden Nugget vice-president of online gaming, Thomas Winter, said his company “prides itself” for offering the largest selection of online games in New Jersey. Winter went on to say, “We are very excited to start this partnership with Gaming Realms, which will see Golden Nugget Casino add the innovative, New Jersey-designed Slingo games.”

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