Full Gaming License for Gaming Realms in Michigan
The expansion plans for Gaming Realms are on track with the announcement that they have been issued a full gaming content developer license for the state of Michigan.
They were originally issued with a provisional iGaming license by the Michigan Gaming Control Board in January 2021 and have done enough to convince the authorities that a full license is fully deserved.
Gaming Realms already holds full iGaming licenses in New Jersey and Pennsylvania and have released their first Slingo game with BetMGM in Pennsylvania.
The game provider has also confirmed that an application to supply games in Ontario has also been made and is currently being processed.
Gaming Realms Slingo content has recently gone live as a result of a partnership with FanDuel in Michigan and WynnBЕТ in New Jersey, and the company has released a trading update which confirms that they are on track to deliver an excellent year of growth and on track to meet their full-year targets.
In Q3 alone, the content licensing revenue for Gaming Realms has increased by 35%.
Looking ahead, we have a strong pipeline of new licensing agreements, and with the approval of a full iGaming supplier license in Michigan, we have further cemented our position in the US market. With our application process underway for Ontario, we continue to look forward with confidence.
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