Scientific Games Corporation has added further to its iGaming production line via the acquisition of Stockholm-based games developer ELK Studios.
Coming just a month after the company moved into the live casino space by acquiring live casino games supplier Authentic Gaming, based out of Malta, Scientific Games said ELK Studios represented the latest in a string of important, targeted content-focused deals as it moves quickly to invest in and grow its presence in digital markets.
By adding ELK Studios to its in-house games portfolio, the company has “further bolstered its capacity for creating innovative, engaging iGaming content and will be looking to take ELK’s top-ranked content into the US and Canadian markets while further enhancing its position as a leading content provider in the UK and Europe,” it said.
ELK Studios is described as having a history of producing games with ground-breaking mathematics, superb artwork and a mobile-first focus.
“Acquiring ELK Studios demonstrates once again our commitment to make targeted, value enhancing investments designed to advance our cross-platform content capabilities,” said Barry Cottle, President and CEO of Scientific Games. “The ELK Studios team is packed with talent and enhances our existing in-house teams and capabilities. The highly synergistic combination of their top-ranked games and our leading OpenGaming ecosystem offers exciting distribution opportunities in the US and Canada. I am thrilled to welcome them to our team.”
The studio will continue to operate independently but with access to Scientific Games’ resources, including commercial scale, market expansion, support in the US and Canada, game IP and data analytics tools.