Developer Gaming Realms has reached a licensing agreement with industry giant International Game Technology (IGT).
As part of the agreement, Gaming Realms will produce Slingo games that will be based on IGT’s highest-performing slots.
The developer will take inspiration from IGT’s gaming library, one which includes brands like Cleopatra and Da Vinci Diamonds.
Slingo games is an entertainment genre that combines elements of slots and bingo; it has become popular among mobile gamers.
Michael Buckley, Executive Chairman of Gaming Realms, said: “Combining Slingo with IGT’s iconic proprietary gaming brands represents a compelling partnership, as we accelerate expansion across the US and European markets.
“Given the popularity of IGT’s titles, this is a fantastic opportunity for Gaming Realms to introduce its Slingo genre to new audiences and welcome a new generation of Slingo fans.”
Enrico Drago, SVP of IGT PlayDigital, added: “Partnering with Gaming Realms to produce Slingo games represents an exciting opportunity for IGT to extend the reach of some of our top-performing casino brands.
“These iconic IGT brands are widely recognised by land-based and digital players alike, which will assist Gaming Realms with its goal of creating new Slingo players, while reinforcing the power of IGT’s brands in the fast-growing online market.”
Recently, Gaming Realms gained an interactive gaming licence from the Pennsylvania Gaming Control Board, giving the group three US state licences in total. The developer also reached a partnership agreement with UK online casino, NetBet.
Currently, Gaming Realms’ share price sits at £0.33 ($0.45), which is almost treble where it was a year ago, when Covid-19 pressures were at their highest.
However, the last month has seen Gaming Realm’s stock decline, while it is also down from a high point of £0.47 in April.