Gaming Realms Partner With IGT
Software developer Gaming Realms have reached a license agreement with one of the most famous industry giants International Game Technology.
As part of this new agreement, Gaming Realms will produce Slingo games based on IGT’s most well known and highest online slot games. In addition, the developer will take inspiration from the vast library of games that IGT have, including brands like Cleopatra and Da Vinci Diamonds.
Michael Buckley, Executive Chairman of Gaming Realms, had this to say on the agreement: “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.”
Gaming Realms just acquired an interactive gaming licence from the Pennsylvania Gaming Control Board, giving the company a total of three US state licences. NetBet, a UK online casino, has also agreed to work with the company.
Gaming Realms’ stock is currently trading at £0.33 ($0.45), nearly trebling from where it was a year ago when Covid-19 pressures were at their peak.
However, Gaming Realm’s stock has fallen in the last month, and it is now down from a high of £0.47 in April.
What is a Slingo Game?
Slingo games is a hybrid game that combines the elements of traditional bingo and an online slot game. The idea was created in New Jersey on the AOL platform in 19996 and became an unexpected success as players found it very easy to play and very visually appealing.
Slingo games marry together the aspects of 75-ball bingo and the traditional features of an online slot game. The game contains a 5 x 5 number grid with the game’s slot reels placed below the grid. Slingo is similar to traditional bingo in that the screen looks similar to a bingo game card. During the action, there is one space on each slot reel in the row that remains visible to the player at the bottom of the screen.