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Strong third quarter pushes Gaming Realms into profit

2nd November 2016 8:52 am GMT
Gaming Realms

London-listed gaming operator Gaming Realms has moved into profitability for the first time following a strong third quarter which saw revenue climb 47 per cent to £9.1m.

Real-money net gaming revenue soared 113 per cent year-on-year to £5.9m, with social gaming and licensing revenue up 189 per cent to £2.5m.

The strong revenue growth helped Gaming Realms record its first positive EBITDA of £1.0m in the quarter, having generated negative EBITDA of £3.0m for the first half of the year.

Average monthly player [...]

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