Scientific Games continues rapid execution of strategic vision
December 1, 2021
Scientific Games has acquired Stockholm-based game developer ELK Studios. This move, which strengthened its original iGaming content offering and production capabilities, marks another important step as the Scientific Games rapidly executes its vision to become the leading cross-platform global game company.
This acquisition, which follows recent acquisitions of slot developer Lightning Box and premium live casino solutions provider Authentic Gaming, is part of Scientific Games strategy 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 U.S. and Canadian markets while further enhancing its position as a leading content provider in the U.K. and Europe. "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 U.S. and Canada. I am thrilled to welcome them to our team."
ELK Studios will continue to work independently to create thrilling new titles, while also benefiting from Scientific Games' comprehensive range of resources including commercial scale, market expansion, support in U.S. and Canada, game IP and data analytics tools. "We have had a strategic partnership with ELK Studios for a number of years and its games have performed brilliantly across the OpenGaming platform”, added Dylan Slaney, CEO iGaming at Scientific Games. “ELK is one of the most innovative, and top-ranked studios in iGaming. Their passion and enthusiasm for producing games of stand-out quality is infectious. They will play a pivotal role in helping us continue to provide players with even more immersive and engaging experiences."
Filip Säfbeck at ELK Studios commented: "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 U.S. and Canada are in total alignment. We have experienced first-hand through our OpenGaming partnership that Scientific Games can take our games to the next level. 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."