Gaming Realms awarded gambling content licence in Connecticut

Mobile-focussed gambling content provider Gaming Realms has been awarded an online gaming service provider licence by the Connecticut Department of Consumer Protection, it announced on Tuesday, making it the fourth US state where it is licensed.

The AIM-traded firm said DraftKings and FanDuel, both of which have multi-state deals and direct integrations with Gaming Realms, were already operating in Connecticut.

It said it expected its ‘Slingo’ content to go live in the state with those two operators by the end of 2022, once final certifications are complete.

“We are delighted to have been granted an online gaming service provider licence in Connecticut, which now sees Gaming Realms licensed in the US' four largest states for iGaming, as well as in Ontario, Canada,” said executive chairman Michael Buckley.

“The company's strategy to sign multi-state deals and direct integration agreements with some of the largest operators in the US has also put us in a stronger position for our Slingo content to go live in a shorter time frame and to capitalise on market growth as more states look to regulate iGaming.

“The company's expansion outside of North America is progressing as expected, and our Slingo games have recently gone live in Italy with Lottomatica, which is that country's largest operator.”

At 1439 BST, shares in Gaming Realms were up 4.35% at 24p.

Reporting by Josh White at Sharecast.com.