Gaming Realms PLC (LSE:GMR, OTCQX:PSDMF) CEO Mark Segal takes Proactive's Stephen Gunnion through the company’s interim results and international expansion, with Slingo continuing to drive growth across key markets.
Segal explained that international revenues now make up 61% of the business, led by the United States, which grew by 22% during the period, or 26% on a constant currency basis. Canada also delivered an 8% increase, while Italy rose 29%, demonstrating the broad appeal of Slingo.
Brand licensing revenue surged more than sixfold in the half. Segal highlighted Slingo’s strength as “a very strong gaming brand in the gambling space,” noting its applications not only in i-gaming but also in adjacent areas such as US lotteries with physical scratchcards and Slingo bingo games in the UK.
The UK, which now contributes less than 30% of revenue, was impacted by new staking limits. Segal said the company saw a dip in April through June but reported a recovery in July and August, with the expectation of returning to growth by 2026.
Gaming Realms has released six new Slingo titles and added third-party content, while also preparing new market launches. With net cash rising to £19 million, Segal said the company will invest in innovation, new features, and selective share buybacks.
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