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Gaming Realms PLC - London-based developer and licensor of mobile focused gaming content - Says it has been granted an online gaming service provider licence by the Connecticut's Department of Consumer Protection. This makes Connecticut the fourth US state where the company is licensed.
Gaming Realms says DraftKings and FanDuel Group are already operating in Connecticut. The company expects its Slingo content to go live in the state with these operators by the end of 2022, once final certifications are completed.
Chair Michael Buckley says: ‘We are delighted to have been granted an Online Gaming Service Provider licence in Connecticut, which now sees Gaming Realms licenced in the US's four largest states for iGaming, as well as in Ontario, Canada.
‘The company's strategy to sign multi-state deals and direct integration agreements with some of the largest operators in the US has also put us in a stronger position for our Slingo content to go live in a shorter time frame and to capitalise on market growth as more states look to regulate iGaming.’, Buckley adds.
Current stock price: 24.00 pence each in London on Tuesday, up 4.4%
12-month change: down 26%
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