It is news from a few hours ago and it is news that will surely cause a sensation in the Gambling world: Scientific Games has strengthened its offer of iGaming content with the acquisition of ELK Studios.
ELK Studios is a Stockholm-based developer with an important history in producing games focused on mobile pc and tablet devices. Under the agreement, the studio will also be able to work independently to create new titles, while also benefiting from Scientific Games’ wide range of assets that include commercial scale, market expansion, support in the US and Canada, IP game and data analysis tools. .
By adding ELK Studios to its gaming portfolio, the provider has further increased its ability to create iGaming content; the company’s plan is to bring ELK’s content to US and Canadian markets, while strengthening its position as a content provider in the UK and Europe.
This deal follows recent iGaming purchases by Slots developer Lightning Box and live casino provider Authentic Gaming by Scientific Games.
Barry Cottle, President and CEO of Scientific Games, commented, “The acquisition of ELK Studios once again demonstrates our commitment to targeted, value-enhancing investments designed to advance our cross-platform content capabilities. The ELK Studios team is very talented and enhances our existing internal team and capabilities ”.
Filip Säfbeck, CEO of ELK Studios, added: “This agreement is the fruit of many years of hard work by a team totally committed to creating high quality online gaming experiences.
“We see it as the perfect time to join the Scientific Games team, as our ambitions to grow through innovation and in the United States and Canada are totally aligned. This acquisition provides us with a solid foundation to bring a wide range of exciting new slots to market more smoothly than ever to online casino partners around the world. “
Scientific Games has not made public the terms of its acquisition of ELK Studios.