By Kyle Morris
Gaming Realms PLC said Wednesday that 2022 earnings and revenue grew thanks to growth in licensing and that it has appointed a new chief executive and a chief financial officer
The London-listed gambling company said in an update that it expects to report 2022 revenue of around 18.7 million pounds ($23 million) and adjusted earnings before interest, taxes, depreciation and amortization–which strips out exceptional and other one-off items–of around GBP7.7 million, up 27% and 36%, respectively, on year.
Performance was driven by growth of the licensing business that launched in two new North American regulated iGaming markets, Connecticut and Ontario, during the period.
Gaming Realms has appointed Mark Segal as CEO, and Geoffrey Robert Green as CFO, both with immediate effect. Previously Mr. Segal was CFO and acting COO, and Geoff Green was finance director in support of the CFO.
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