MyMMOshop.com, responsible for selling in game currency to numerous MMOs, including World of Warcraft, Warhammer, and Final Fantasy XI, has recently been bought out by My MMO Inc. for the sum of $10 million, according to an article on Yahoo.

One of the top RMT sites in the business, MyMMOshop.com has specialized in customer service, 24 hour availability, and quick delivery of in-game currency, despite the highly contended issue among more legit MMO players. The store has been running since 2003, and has locations in the U.S., Ireland, and Australia.

The company that purchased the website, My MMO Inc., is owned by a private equity firm, and was only recently formed in 2008, apparently for the single purpose of buying the store. Media Relations Agent for My MMO, Hunter Crowell, issued the following statement:

MyMMOShop.com appealed to us because of its strong reputation for providing optimal customer service. That focus will continue with our purchase.

Crowell also commented on the current state of the video game industry in the wake of the current economic crisis, stating that people are choosing to stay home and enjoy less expensive forms of entertainment, instead of going out. Simply put, the video game industry is going strong, despite the current problems, and RMT (real-money-trade) sales have (unfortunately) also been on the rise in recent years, though whether it’s depression proof or not is another matter.

No game companies have issued a response to the buyout, and are expected to continue to enforce their terms of service in prohibiting RMT transactions. However, one can imagine the players of online games will voice their dissatisfaction in due time.