
Gaming Realms CEO on record 2025, 2026 growth outlook
3/30/2026
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3:48
Gaming Realms PLC (LSE:GMR, OTCQX:PSDMF, FRA:RNE1) CEO Mark Segal talked with Proactive's Stephen Gunnion about the company’s strong financial performance and growth strategy, highlighting the continued momentum of its high-margin licensing business and the global expansion of its Slingo IP.
Segal said the company delivered a “really good start to the year,” with licensing revenue up 10% on a constant currency basis. He explained that operational leverage is being driven by new partnerships, entry into new markets, and the ongoing success of its Slingo games. The company achieved record performance in 2025, supported by what Segal described as “probably our best launch of a Slingo game in history.”
North America remains a key growth driver, accounting for 63% of licensing revenue. Gaming Realms is now active in six US states and recently secured a licence in Alberta, Canada. Segal pointed to market research suggesting the region could grow by more than 60% over the next few years, even without further regulatory expansion, adding that new state openings could significantly increase that opportunity.
The company is also expanding beyond Slingo with the launch of its Lucky Lunar Studio, integrating Slingo mechanics into traditional slot games to broaden its audience and monetisation potential. At the same time, Gaming Realms continues to generate strong cash flow, enabling share buybacks and potential future acquisitions of complementary IP.
Looking ahead, Segal noted that while new UK taxes may impact domestic revenues, strong international growth is expected to offset this.
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