With the acquisition of ELK Studios, Scientific Games has bolstered its iGaming content and production capabilities.
Scientific Games and ELK Studios Join Forces
ELK Studios is a Stockholm-based game studio with a track record of creating mobile-first titles. According to the terms of the deal, the studio will be able to work freely on future titles while also gaining access to Scientific Games' extensive resources.
The resources include commercial scale, market expansion, assistance in the United States and Canada, game IP, and data analytics tools. The supplier has improved its capacity for developing iGaming content by adding ELK Studios to its in-house library of games.
The supplier has improved its capacity for developing iGaming content by adding ELK Studios to its in-house library of games.
The company plans to take ELK's content to the US and Canadian markets and strengthen its position as a content provider in the UK and Europe.
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". He then added that the ELK Studios team is packed with talent and strengthens and expands the company company's in-house staff and capabilities.
Adding to this, Filip Säfbeck, CEO of ELK Studios, said that the deal between the two companies results from years of hard work by a group dedicated to creating elevated 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," said he.
This acquisition follows Scientific Games' recent iGaming acquisitions of Lightning Box, a slot producer, and Authentic Gaming, a live casino operator.