SG acquires Elk Studios
Scientific Games Corporation has acquired ELK Studios. The acquisition is the latest in a string of deals as the company aims to grow its presence in digital markets.
ELK Studios is a Stockholm-based developer, its releases include Wild Toro II, Katmandu and Cygnus. Its selection of games also feature the X-iter tool allowing players to jump into the action through a selection of predefined modes.
Barry Cottle, president and CEO of Scientific Games, said: “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. 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 is already live with a wide range of operators through the OpenGaming ecosystem. The studio will continue to work independently while also benefiting from Scientific Games’ range of resources including commercial scale, market expansion, support in U.S. and Canada, game IP and data analytics tools.
Dylan Slaney, CEO iGaming at Scientific Games, said: “We have had a strategic partnership with ELK Studios for a number of years and its games have performed brilliantly across the OpenGaming platform. 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 said: “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.”