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Gaming Realms To Sell Bingo Godz

Posted by: BingoKath - Monday, Apr. 13th 2015 7:40 AM

Bingo Godz launched as a brand new innovative bingo software like nothing ever seen before, and from a marketplace complaining about the ‘same old, same old’ we expected it to be very popular. However, the brand hasn’t taken off in the way we and many others initially thought it would and now it’s been announced that Gaming Realms, the brand being the product is selling the site to European Domain Management.

Often we hear of bingo brands selling for many millions and maybe it’s a reflection of just how poorly Bingo Godz has been received that the brand is selling for just £500,000, with just £200,000 payable immediately.

Along with Bingo Godz, EDM will also receive Castle Jackpot. The two companies generated a loss of £2.1 million in the 12 months to the end of September 2014 and we suspect that Gaming Realms will be glad to be free of the responsibility of the sites.

We still maintain that Bingo Godz particularly has a great and unusual ethos and maybe a new company can take the brand on to new levels of growth. According to the Chief Executive of Gaming Realms, Patrick Southon this step in the strategy of the company will allow the brand to focus on their own technology platform, bringing players more and even better bingo brands!

What this will mean for players at is unknown, while the player numbers aren’t huge they do have a small but loyal following. It’s unlikely that too much will change immediately, but players can expect to see some changes and hopefully some improvements too over time.

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