The company reported that revenue increased from £23.4million in 2023 to £28.5million in 2024. The Slingo operator continues to thrive in 2025 after expanding into Brazil and now operates in 21 markets.
“This is strong evidence of the effectiveness of our content licensing strategy, as well as the rising popularity of our slingo portfolio in international igaming markets,” said Gaming Realms CEO Mark Segal.
“Building on the momentum, we have made an excellent start to 2025 with our recent launch in Brazil, a newly regulated igaming market, which expands our global presence to 21 markets.
“We have also launched with 9 new partners and released three new slingo games, further enhancing our exciting and popular portfolio of content.
“As we move through 2025, we look forward to sharing updates on our continued expansion into new markets, the growth of our exciting game portfolio and upcoming partner launches.”
Profits before tax saw a 61% increase, up from £5.2M to £8.3M.
Licensing revenue drives profits
The company saw licensing revenue grow to £24.5M from £19.9M in 2023. North America continues to expand as the company’s largest market and now accounts for 59% of its licensing revenue, up from 54% the year before.
Social publishing also saw a 14% rise in revenue, up to £4M. The company appeals to a wide range of users and gains profits through in-game purchases on its series of slots, bingo, and other gaming products.
Innovative new products
Gaming Realms has made a reputation for making appealing collaborations, fusing iconic brands with its gaming platform. Tetris Slingo is one example of a game that capitalizes on gamers’ soft-spots to enhanced player engagement.
Other popular games in the portfolio include Slingo Deal or No Deal which merges the popular TV show with the Slingo format. A range of slots with the Slingo brand also include Slingo Rainbow Riches, Slingo Lucky Joker, and Slingo Starburst.
Clients at the top of the betting world
The popularity of its products has made Gaming Realms a staple in many of the gambling industry’s leading online gaming websites including bet365, Ladbrokes, BetMGM Casino, and Caesars Palace Online Casino. Crypto casinos such as Bitcasino, Cloudbet, and Slotbox Casino are also users of the Slingo products.
In 2024 Fanduel, Atlantic Lottery, Fanatics, Pokerstars, DAZN, and Entain signed on as partners and that lost looks set to grow in 2025.
The developer plans to expand into other states to increase its presence in North America gaming. In 2024, it entered markets in West Virgina, Pennsylvania, and Connecticut.
A global presence now includes Brazil after its regulation of iGaming as well as Italy, Romania, and the Netherlands.
To support its expansion, the London based company has taken on new staff and increased office space in the UK’s capital.
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