Scientific Games strengthened its iGaming content offering and production capabilities with the acquisition of ELK Studios. ELK Studios is a Stockholm-based developer with a history of producing mobile games.
Under the agreement, the studio will also be able to work independently to create new titles, while benefiting from Scientific Games’ wide range of capabilities, which include commercial scale, market expansion, US and Canadian support, IP of games and data analysis tools.
By adding ELK Studios to its in-house gaming portfolio, the vendor has further increased its ability to create iGaming content. As such, the company’s plan is to bring ELK content to the US and Canadian markets, while consolidating its position as a content provider in the UK and Europe.
This deal follows Scientific Games’ recent purchases of slot developer Lightning Box and live casino provider Authentic Gaming.
CEO comments on Scientific Games’ new business
Barry Cottle, President and CEO of Scientific Games, commented, “The acquisition of ELK Studios once again demonstrates our commitment to making targeted and valued investments designed to extend our cross-platform content capabilities. talents and improves our team and internal capacity”.
Filip Säfbeck, CEO of ELK Studios, said: “This deal is the result of many years of hard work by a team that is fully committed to creating high quality online gaming experiences.”
Säfbeck added: “We see this as the perfect time to join the Scientific Games team, as our ambitions to grow through innovation in the US and Canada are in full alignment. This business gives us a solid foundation to bring to market a wide range of exciting new slots more seamlessly than ever to online casino partners around the world.”