About Gaming Corps
Gaming Corps AB (the “Company”) is a development company that operates in the global digital gaming market by developing casino games and computer games in two business areas – iGaming and Gaming. The Company was founded in 2014 and has been listed on Nasdaq First North Growth Market since 2015.
Gaming Corps is based in Uppsala and has wholly owned subsidiaries in Malta, from which employees work remotely and where all game development takes place. Operations in the Gaming business area have been dormant since the beginning of 2021. Operations within iGaming focus on several categories of casino games: Casino Slots, Table Games, Multiplier Games, Mine Games and Smash4cash. The company works mainly with two business models, the first of which consists of the development of non-exclusive games that can be offered to more than one operator. The second business model relates to the development of tailor-made and/or exclusive games for individual operators, as well as various levels of branding and theme customization based on their needs. Since 11 February 2020, Gaming Corps has held the “Critical Gaming Supply License” for the publication of digital casino games issued by the Malta Gaming Authority. In February 2024, the Company obtained its gaming license in the UK via the UK Gambling Commission and continues to work to gradually increase the number of markets where the business meets regional requirements and to obtain the necessary certificates. Gaming Corps meets the requirements in Croatia, Germany, Romania, Portugal, Italy, Gibraltar, the Netherlands, Greece and the UK.
The Company’s launched games in the iGaming business area are available at more than 1,360 online casinos in more than 50 geographical markets, via the operators Gaming Corps has agreements with. The Company works with most of the market’s largest aggregators, whose role is to provide a technical platform and intermediary for the distribution of games from Gaming Corps to operators that does not take place via direct integration.
Background and rationale
The purpose of the Rights Issue is to optimize the Company’s capital structure, to strengthen the Company’s working capital and to continue Gaming Corp’s growth journey through increased investments in the Company’s organization and products in order to achieve cash flow positivity over the next twelve months.
Website: https://www.gamingcorps.com/