Gaming Realms, the developer and licensor of mobile focused gaming content, has announced its annual results for the year ended December 31 and Q1 highlights for 2023.
Gaming Realms’ continued focus on content licensing has seen further growth in revenues and high margins. This growth has been in pre-existing markets as well as entering new markets in the year.
With the current strong pipeline of games and operators to onboard, the group’s growth is expected to continue in 2023. Full-year revenue in 2022 increased by 27 per cent to £18.7m (£14.7m).
Mark Segal, CEO, said: “2022 was another exceptional year for the group as we continue with our proven strategy of expanding our Slingo portfolio with new titles and entering new igaming jurisdictions alongside our operating partners.
"This has supported our 27 per cent revenue growth and we have ended the year with a record profit of £3.5m. Having grown our portfolio of games to 65 through 2022 and launched with 56 new partners for our Slingo Originals content, we are experiencing our games being enjoyed on a global level. “As we look ahead to 2023, the year is already off to an exciting start with 13 new launches implemented and new Slingo games, such as Slingo Cleopatra and Slingo Golden Envelope, already proving popular among fans.
"With our strong foundation built in 2022 already proving fruitful in 2023, we are excited to continue delivering further game launches, new partner deals and expanding our global footprint even further.”
