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Gaming Realms sees 18% growth in H1 revenue

InterGame
InterGame
·Mars

Mobile gaming content developer and licensor Gaming Realms has released interim results for the six-month period ending June 30, 2024, with an 18 per cent growth in revenue year-on-year.

Gaming Realms

Total revenue for the H1’24 period reached £13.6m, an 18 per cent rise on the H1’23 figure of £11.5m

Adjusted EBITDA, meanwhile, grew 21 per cent to £5.8m, up from £4.8m in H1’23.

Other notable milestones reached during the period include being granted a full igaming supplier licence in West Virginia, and launching with 22 new partners globally.

"We are delighted with our strong performance in the first half of 2024,” declared CEO Mark Segal. “Our focus on expanding our content licensing business has led to a 28 per cent revenue growth and the successful launch of seven new games. These results reflect our commitment to innovation and solidify our position in the gaming industry.

"The achievements of the first half demonstrate the dedication of our team and the appeal of our unique gaming offerings. We are poised for further growth as we continue to expand into new markets, launch with new partners and strengthen our existing partnerships."

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