Mobile games developer and supplier Gaming Realms has recently reported a profit of £929,305 for last year after they had offloaded a number of affiliate marketing and B2C gaming assets, but was also hit with a drop in their continuing revenue. For the 12 months leading up to the end of December 31st 2018, the company had reported continuing revenue coming in at £6.2 million, which was down from £7.6 million of the previous year.
The operator has explained that this was primarily caused by a decline in their social revenue, which fell a total of 43% as compared to the previous year, from £6.9 million to £3.9 million. This figure was only partially offset by a 63% reduction in costs for their operations.
Despite this, the developer has also noted significant growth for revenue earned from licencing, which is comprised of content including their Slingo-branded products, which saw an increase of 167% in 2017 to £2.2 million.
Gaming Realm’s licencing division signed on with 17 new partners during the year, and their collection of proprietary games increased from 9 to 29. They have also started deals with a number of other distributes for the first few months of 2019. In terms of their continuing expenses, the developer was able to cut costs in a number of areas, with marketing expenses down from £2.3 million to £665,363, while operating expenses decreased from £1.5 million to £901,807, and administrative costs from £7.5 million to £4.9 million.
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Sophie Lise isn't just a writer; she is a veteran of the Canadian gaming floor. With over a decade of experience analyzing game mechanics, RTP algorithms, and volatility indexes, Sophie specializes in finding the mathematical edge for players. Since the launch of Ontario's regulated market in 2026, she has focused heavily on auditing AGCO-licensed sites to ensure they meet strict fairness standards. If she recommends a slot, it’s because she’s played it, tested the payout speed, and verified the bonus terms herself.
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