Gaming Realms the company behind Pocket Fruity and Spin Genie has entered into a sale agreement with RealNetworks to acquire the Slingo brand. 
It was announced this morning that Gaming Realms has set up a conditional agreement with the view of taking control of a number of assets including Slingo, GameHouse US and Canadian Game Studios plus some domains including Mahjong.com and Sudoku.com. The company plans to expand into North America into the social casino sector and this deal is a stepping stone. CEO of Gaming Realms Patrick Southon said: “Slingo is a well-established brand and has already benefited from sitting on our platform alongside our Pocket Fruity and Spin Genie brands. The addition of Slingo to our existing portfolio creates an exciting player offering.” The deal includes a $10 upfront cash payment, then a payment of $4 million after 12 months plus another $4 million 24 months later. Slingo Riches was licensed by Gaming Realms in April 2015 and quickly became the most popular game at Spin Genie. Slingo will be hosted on the company’s proprietary software platform.
