Update: New funding to support growth plans
Gaming Realms has announced it has conditionally raised c £1.55m (gross) of additional funding to support its product launches and platform development. Executive directors have taken 1.6m of the 7.7m new subscription shares (at 20p per share). The company also gave an update on its early-year trading, which showed continued positive momentum.Gaming Realms is a developer, publisher and licensor of mobile games. Co.'s principal activities is that of an online bingo and casino operator, the provision and marketing of interactive bingo and casino services to customers in the U.K. and social gaming on Facebook and mobile to customers in the U.S. and Europe. Co. has three reportable segment. The social publishing provides freemium games to the U.S. and Europe. Licensing includes IP brand and content licensing to partners in the U.S. and Europe. The real money gaming products and marketing services operates Co.'s brands and provides other digital marketing services to both gaming and non-gaming clients in the U.K.
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