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Gaming Realms grows core earnings despite UK gambling tax hike, expanding in new markets.

Company Fundamentals
28 Jul 2026
Proactive Investors
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Bullish
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Gaming Realms PLC reported growth in its core licensing business in the first half of 2026, despite a sharp increase in UK gambling tax from 21% to 40%. Group revenue is expected to be around £15.5 million with adjusted EBITDA of £6.6 million, slightly down from last year but showing a 9% revenue increase and 16% EBITDA rise excluding non-core brand licensing. The company expanded into new markets including Nigeria, Ghana, Kenya, Peru, and Alberta, Canada, now operating in 33 regulated markets. CEO Mark Segal highlighted strong UK performance and confidence in continued growth and shareholder value creation for the rest of the year.

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