Business
Awarding of Alderney Licence
Awarding of Alderney Licence.
About this update from Gaming Realms Plc
[{"type":"text","content":"\n \nRNS Number : 1673M Gaming Realms PLC 14 July 2014 \n \n\n \nGaming Realms Plc\n \n(\"Gaming Realms\" or \"the Company\")\n \nAwarding of Alderney Licence\n \nGaming Realms, the creator, publisher and marketer of next generation online gaming products, is pleased to announce that Bear Group Ltd, a wholly owned subsidiary of the Company, has been awarded a Category 1 and Category 2 eGaming licence by the Alderney Gambling Control Commission (AGCC). The new licence will allow Gaming Realms to target other regulated territories in addition to the UK (where Alderney is a white-listed jurisdiction) and will also enable the Group to explore B2B opportunities afforded to it by the excellence of its innovate gambling technology stack.\n \nPatrick Southon, CEO Gaming Realms, said: \n \n\"Obtaining an Alderney licence is an acknowledgement of the high standard of our eGambling systems and processes. It importantly also gives Gaming Realms the platform to target the UK market with a new range of excitingly innovative gambling products and expand into other regulated jurisdictions internationally.\"\n \n \n- Ends -\n \nFor more information contact: \n \n\n\n\n\nGaming Realms \nPatrick Southon, Chief Executive\nMark Segal, Chief Financial Officer\n \n\n\n+44 (0) 84 5123 3773\n\n\n\n\nCenkos Securities (Nomad) \nMax Hartley \n \n\n\n+44 (0) 20 7397 8900\n\n\n\n\n\n\n\n\n\n\n\n\nBell Pottinger\nOlly Scott\nCharles Goodwin\n\n\n+44 (0) 20 7861 3232\n\n\n\n\n \nAbout Gaming Realms:\n \nGaming Realms is an online gaming business formed in 2012 to develop a new generation of social bingo and slot machine gaming concepts. \n \nGaming Realms was founded by the team behind Cashcade, which created the leading online bingo brand, Foxy Bingo, in addition to other online bingo and casino games. The success of Cashcade culminated in its sale to bwin.party digital entertainment plc for a total consideration of approximately £96 million in 2009.\n \nAbout Alderney: \n \nAlderney has been regulating eGambling for over 10 years and from the outset adopted a conservative approach insisting on the highest standards amongst its licencees. This cautious but progressive approach has resulted in Alderney's reputation as one of the premier egambling jurisdiction.\n&n...