The UK’s new 40% tax era for remote gaming has done little to quell the momentum of Gaming Realms.
The slot supplier reported revenue growth of 3% in the UK through the first half of 2026, building on similar growth reported in the first quarter of the year.
The growth comes despite the period encompassing the beginning of a remote gaming duty rate increase from 21% to 40% from 1 April.
“Our UK business demonstrated real resilience, growing revenues despite the near-doubling of Remote Gaming Duty,” said Gaming Realms’ Chief Executive Officer, Mark Segal, as the company hailed the success of its Slingo and newly launched Lucky Lunar studios to innovate amid the regulatory changes.
Gaming Realms noted that gross gaming revenue in the UK has now surpassed the levels seen before stake limits were changed in 2025, restricting players to stakes of £5, reduced to £2 for those under the age of 24.
Elsewhere, Gaming Realms said that it achieved market launches in Nigeria, Ghana, Kenya and Peru, with further expansion into the newly launched Alberta market and Buenos Aires Province in Argentina.
Overall revenue was down 3% to £15.5m for H1 (H1 2025: £16m), which Gaming Realms attributed to the value of a multi-year brand renewal being included in the previous year’s results.
The company’s content licensing revenue grew 12% YoY to £13m from £11.7m in H1 2025.
Segal told investors: “The first half results reflect the continued execution of our strategy and the early benefits of the increased investment we made in content and platform capability in the second half of 2025.
“The Board is confident in the Group’s outlook for the future and for the remainder of the year.”