Tag Archives: River iGaming

River iGaming suspends B2C operations

Malta headquartered River iGaming has announced a suspension of all B2C activities resulting in the redundancy of all individuals in the operation, with the firm establishing a “strong and dedicated” B2B focus during 2020. The company’s brands include Vegas Casino, Casonic, Spin Genie and Pocket Fruity and licences to run X Factor Games and Britain’s Got Talent Games. This move …

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Gaming Realms agrees on takeover of Bear Group

London-listed Gaming Realms has confirmed the sale of Bear Group, its real-money gaming operating subsidiary to River iGaming, whilst further offloading its 30 per cent share in River UK Casino. The sale was agreed for a cash consideration of £11.5m, which is set to include the settlement of the contracted deferred consideration of £4.2 million owed to Gaming Realms by …

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Gaming Realms sells 70% in UK B2C assets to Norwegian investment firm

London AIM-listed Gaming Realms Plc has confirmed that it will sell 70% of its UK B2C division to Norwegian online gambling investment firm River iGaming for £23 million consideration.  Confirming the transaction, Gaming Realms governance is set to divest its B2C brands of Spin Genie, Pocket Fruity and the ITV syndicated Britain’s Got Talent and XFactor Games. Updating investors, Gaming …

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