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Online Casinos: Software Provider Realtime Gaming Sold to Licensee |
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Written by Thomas Jensen
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Sunday, 25 March 2007
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 Point-Spreads.com has learned from a very reliable source that a large internet gambling company and current licensee has purchased the source code and programming team of Realtime Gaming (RTG). The new ownership's plan for RTG are unknown at this time.
The corporate website of RTG has been stripped down to a landing page which directs licensing inquires to Hastings International B.V. based in Curacao.
Their website goes on to say: "Hastings International BV is an Authorized Distributor of RealTime Gaming software. Our Account Managers service some of the most successful online casino operators around the globe, consulting on all aspects of the online gaming industry from start-up to technology and software to staffing. Contact us today to explore the possibilities and the steps to success for your online casino business."
The "War on Internet Gambling" by the United States government apparently spooked the American ownership group so they decided to sell. "Even though RTG doesn't own or operate casinos directly they just didn't want to risk getting into legal troubles," stated a source close to the former owners of RTG.
One man's pain is another man's pleasure. This move is just one of many shrewd business decisions the acquiring entity has pulled off over the last several years.
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Last Updated ( Sunday, 25 March 2007 )
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