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RealTime Gaming Sold?

There is a rumor floating around that RealTime Gaming has been sold, yet no one seems to have an actual answer as to whether or not it was. Many think that the company should come out and answer the question as to whether or not they have in fact been sold to another company, but as of yet no one from the company has confirmed or denied the report – leaving many to think that perhaps they were.

The online gambling software developer has supposedly come under new ownership and is being moved to another country, but for months the rumors have been swirling and still no one knows. Several recent reports would suggest that RTG has been sold, especially since the company’s web site has been drastically downgraded, and an affiliate manager said that the company had been sold but didn’t have any details as to the deal.

One source says that the company was sold because the owners did not want to deal with the new US sanctions, especially since the US was arresting online gambling company owners. Supposedly they didn’t want to risk the legal ramifications, so they sold the company to a buyer outside of the US. Reportedly they wanted to move to Costa Rica because they have a sub company running there and offered for their employees to move there with them.

Most did not, and although some have remained on as high level executives or development team members, the rest left with two or three months of salary and benefits. Again, the company has not confirmed any of these reports; they are just hearsay, so everyone waits to see what will become of the gaming giant.

 

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