ELK Studios is a Stockholm-based developer with a history of producing mobile-first focused games. As per the agreement, the studio will also be able to work independently to create new titles while also benefiting from Scientific Games' wide range of resources that include commercial scale, market expansion, support in the US and Canada, game IP and data analytics tools.
By adding ELK Studios to its in-house portfolio of games, the supplier has further increased its capacity for creating iGaming content; the company’s plan is to take ELK’s content into the US and Canadian markets, while also enhancing its position as a content provider in the UK and Europe.
This deal follows Scientific Games' recent iGaming purchases of slot developer Lightning Box and live casino provider Authentic Gaming.
Barry Cottle, President and CEO of Scientific Games, commented: "Acquiring ELK Studios demonstrates once again our commitment to make targeted, value-enhancing investments designed to advance our cross-platform content capabilities. The ELK Studios team is packed with talent and enhances our existing in-house teams and capabilities.”
Filip Säfbeck, CEO of ELK Studios, added: "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 US and Canada are in total alignment. 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."
