Norwegian firm River UK Casino has completed the purchase of a 70 per cent stake in the UK online casino B2C business of Gaming Realms.

Gaming Realms

The deal, agreed in June, has River UK Casino – a subsidiary of River iGaming – pay an initial £4.2m on completion. A further £4.2m is concurrent on payout and a further maximum cash payment of £14.7m, on an earn-out basis, is payable no later than August 31, 2019.

Gaming Realms retains Slingo.com and associated brands.