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After Layoffs and Profit Warnings, 888 Buys Mytopia’s assets for $18 million

Online gambling giant 888 acquired the assets of American-Israeli casual game studio Mytopia from Real Dice, Mytopia's parent company. According to VentureBeat Games, the deal is estimated at $18 million, but could reach up to $48 million if Mytopia's assets hits certain revenue milestones by 2011.