14th Jul 2014 08:19
LONDON (Alliance News) - AIM-listed online gaming business Gaming Realms PLC saw its share rise Monday morning, after it said it has been awarded a new eGaming licence which will enable it to target other regulated territories outside the UK and to explore business-to-business opportunities.
Gaming Realms shares rose 7.9% to 41.00 pence Monday morning.
In a statement, the gaming company said its subsidiary Bear Group Ltd has been awarded a category 1 and category 2 eGaming licence by the Alderney Gambling Control Commission in the Channel Islands.
The new license "gives Gaming Realms the platform to target the UK market with a new range of innovative gambling products and expand into other regulated jurisdictions internationally," said Chief Executive Patrick Southon in a statement.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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