REALTIME GAMING SALE (Update)

Is the buyer a current licensee?

Several online gambling portals speculating on reports that turnkey provider and online gambling software developer RealTime Gaming has been sold suggest that the buyer may be an existing licensee.

The reports come in the wake of an InfoPowa report from a former insider, who claimed that the sale was effective in January and that the company will be moving to Costa Rica with those employees who elect to leave its current Atlanta base.

Our source has since claimed that CEO Michael McMain is remaining with the company and is about to move to the new Central American base.

Point-Spreads.com claimed that a reliable source has informed that "a large internet gambling company and current licensee" has purchased the source code and programming team of Realtime Gaming (RTG). The portal says that the new ownership's plan for RTG is unknown at this time.

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