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Gaming Realms agrees to sell remaining stake in real-money gaming business

22nd February 2019 8:50 am GMT
Gaming Realms

London-listed Gaming Realms has agreed a deal to exit its real-money gaming business through the sale of its remaining 30 per cent stake in subsidiary Bear Group to River iGaming.

Oslo-listed River iGaming already owns 70 per cent of the business, now operating under the River UK Casino umbrella, which it acquired in June 2018 for an initial consideration of £8.4m. It also agreed an earnout of up to £14.7m based on earnings in the 12 [...]

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