Gaming Realms has formalised entry in the Portuguese online gaming ecosystem, which will be undertaken courtesy of a partnership with Betclic.
Fresh off the company voicing significant confidence after reflecting on its H1 performance, this latest tie-up will see the online casino and sports betting operator gain an additional content uplift.
“Gaming Realms offers unique content that resonates with a wide demographic of players, providing entertainment from the slots and bingo sectors,” stated Geoffroy Villiot, Head of CRM Operations at Betclic Group.
“This collaboration will see us add a new and attractive proposition to our site and we are thrilled to be the first operator to launch their games in Portugal.”
The igaming supplier will integrate a range of Slingo titles into the Betclic platform, with these including games such as Slingo Starburst, Slingo Sweet Bonanza and Slingo SuperSpin.
In addition to hailing Betclic as the “perfect partner” to begin a Portuguese journey alongside, this latest market entry is said to represent “an important step” amid wider plans to deepen the Gaming Realms foothold across an array of jurisdictions.
“Entering Portugal is a huge milestone for Gaming Realms and is testament to our commitment to distribution across regulated markets globally,” added Gareth Scott, Chief Commercial Officer at Gaming Realms.
“We see great potential in the Portuguese market and introducing our content with Betclic, a prominent and well-established brand in the market, is a fantastic way to make our introduction in the country.”
Earlier in the week, Gaming Realms voiced significant confidence in achieving maintained growth through the remainder of the year, with the company’s board said to be “comfortable with market expectations around FY23 financial performance”.
Total revenue increased 36 per cent to £11.5m (2022: £8.5m), with licensing revenue recording a 46 per cent uptick to £9.8m (2022: £6.7m). The group’s social segment declined by two percentage points to £1.8m.