Now were hearing that a sequel is in development. This weeks Famitsu reveals the existence of Disney Magic Castle: My Happy Life 2 (which should be Disney Magical World 2 if/when it comes over), and its heading to 3DS.
Bandai Namco will be sharing more details at an event scheduled for July 6. Some parts of this will be broadcasted on the Bandai Channel. Its not live yet, but the official website will be located here.
http://nintendoeverything.com/disney-magical-world-2-coming-to-3ds/
http://magic-castle-mhl2.bn-ent.net/