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Contagious extends social gaming development deal

| By iGB Editorial Team
Contagious Gaming has secured an additional development contract, as well as an extension and expansion to existing deals with an unnamed social gaming content publisher.

Contagious Gaming has secured an additional development contract, as well as an extension and expansion to existing deals with an unnamed social gaming content publisher.

Although Contagious did not reveal further details of the deals, which were brokered through its Telos Entertainment subsidiary, it did state that the contracts have been extended to July 2017.

The company also said the new deals will represent Can$2.8 million (€1.9 million/US$2.2 million) in total contracted revenue.

Peter Glancy, chief executive and director of Contagious, said: “The additional development contract as well as the expansion of one of our existing contracts provides Contagious Gaming with a significant increase to our contracted revenues and is a tangible endorsement of our digital content production as a world class development studio and reinforces the strength of our relationship with an industry leader in mobile social gaming content.”

Meanwhile, Contagious has also announced the listing of its common shares for trading on the Frankfurt Stock Exchange.

The company’s shares will trade under the symbol ‘RHRC’.

Related article: Contagious subsidiary Telos pens partnership with OpenBet

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