The Gaming Realms revenue decreased by $ 5.2 million in the first half of 2018

The British game developer “Gaming Realms” has published a report on revenue for the first half of 2018.

The indicator was 27% lower than last year and the company’s revenue decreased to $ 5.2 million.

The developer of Slingo games have announced improved earnings before interest, taxes, depreciation and amortization (EBITDA).

Also, representatives of the company noted that the revenues from licensing increased by 175% to $ 600 thousand.

“We believe that licensing the platform and our content’s usage by the leading brands and gaming operators will ensure high margins. To be short, we are very pleased with the company’s performance in the first half of 2018, “said Gaming Realms CEO Patrick Southton.

Among the company’s achievements in the first half of the year, we can note the signing of six new contracts, the release of Slingo Originals’ game portfolio to the New Jersey and Europe markets, the launch of new games, and the sales of an affiliated business for $ 3.14 million.