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NEWS 27 February 2018

Scientific Games acquires Brazilian gaming studio

By Robert Simmons

Worldwide gaming supplier Scientific Games Corporation has announced a deal to acquire a majority stake in EsysnetG, a video bingo content studio based in Sao Paulo, Brazil for an undisclosed fee.

The acquisition provides Scientific Games with access to EsysnetG's existing and future video bingo content for the development of online, mobile, and land-based games that can be placed in markets around the globe.

Mauricio Lara, Founder of EsysnetG, has a long history of developing math models, engines, and video bingo content for multiple markets.

It is the company’s first major acquisition since it concluded a $631m deal to acquire NYX Gaming Group and comes ahead of the company announcing its financial results for the last quarter of 2017, due to take place on Wednesday.

Announcing the deal in a statement on the Scientific Games website, Group Chief Executive, Gaming Derik Mooberry said: "We are excited to welcome EsysnetG into the Scientific Games family.

“This acquisition will enable us to provide our customers with expanded, engaging video bingo content and is yet another example of our continued investment in solutions that help the Company offer the broadest portfolio of innovative products in the industry."

RELATED TAGS: Online | Industry | Marketing | Mergers & Acquisitions | Lottery | Casino
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