ELK Studios to Enter US Following Acquisition by Scientific Games
Scientific Games Corporation has strengthened its content offering by acquiring innovative developer ELK Studios. It marks the latest step forward in Scientific Games' attempt to become the leading cross-platform global game company.
ELK Studios is a Swedish developer that is well known for its engaging mathematics, impressive graphics, and a mobile-first approach. It has released numerous popular games such as Wild Toro II, Katmandu, and Cygnus. The agreement will allow ELK Studios to continue to work independently on new titles while also making use of Scientific Games' numerous resources, including commercial scale, market expansion, support in the US and Canada, game IP, and data analytic tools.
Scientific Games intends to bring ELK Studio's games to the US and Canadian markets while simultaneously strengthening its position within the UK and European markets. The latest deal comes soon after Scientific Games acquired slots developer Lightning Box and live casino provider Authentic Gaming.
This deal is the fruit of many years of hard work by a team that is fully committed to crafting high-quality online gaming experiences. We see it as the perfect time to join the Scientific Games team, given that our ambitions to grow through innovation and into the US and Canada are in total alignment. This acquisition offers us a solid base to bring to market a wide range of exciting new slots more smoothly than ever to online casino partners across the globe.
Barry Cottle, the President and CEO of Scientific Games, said that the acquisition is a testament to the company's commitment to making "targeted, value-enhancing investments designed to advance our cross-platform content capabilities." He added, "The ELK Studios team is packed with talent and enhances our existing in-house teams and capabilities."
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