Playtech acquires Yoyo Games

Headquartered in Dundee, Yoyo is the creator of GameMaker: Studio (GMS), a mobile-driven cross-platform casual game development technology which enables developers to create games using a single programming code and then publish them to run natively across most common platforms.

The acquisition, which will be funded from Playtech’s existing cash balances, will cost $16.4m, of which 30% will be held in escrow for up to 36 months after closing to provide security in respect of claims.

An earn-out consideration and retention plan is expected to add $5.25m to the aggregate cost.

GMS enables game developers to create cross-platform games in hours with a user-friendly intuitive platform.

It has secured more than 750,000 registered games developers who currently use the platform on a freemium basis with chargeable add-ons.

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Gareth Bracken

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Gareth Bracken is an experienced gaming journalist and editor who spent more than six years with Players Publishing, progressing through a range of senior editorial roles across its flagship titles, including Gambling Insider. He joined the company in 2010 as an Editorial Assistant before advancing to Staff Writer, Senior Staff Writer, Editor, and later Senior Features Writer.

Between 2011 and 2016, Gareth played a central role in shaping editorial output across print and digital platforms, producing in-depth features, news coverage and long-form analysis on the global gambling and iGaming industries. As Editor from September 2014 to October 2015, he oversaw content strategy, editorial standards and production workflows, helping guide the publication’s development as a leading B2B industry voice.

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