Scientific Games has acquired ELK Studios to fortify its game library. The acquisition will strengthen its production capabilities and expand its game assortment. Additionally, it will allow ELK, a leading European gaming studio, to reach new players and present its exclusive content to new markets. Conquering new jurisdictions in the flourishing North American territories is a part of the buyer’s expansion strategy. The company looks to accomplish its vision to be a front-running cross-platform global provider.
The purchase of ELK is a pivotal step towards realizing the enterprise’s strategic goals. The acquisition of ELK’s in-house game library has bolstered its content development capacities. It brings its popular titles to Scientific platforms, including Kathmandu, Wild Toro 2 and Cygnus. The available content also involves numerous tools, including the popular X-iter that allows you to jump into predefined modes. Scientific Games will penetrate the US and Canadian markets while confirming its status as a leading European developer.
Scientific Games has continued a series of prospective partnerships across the industry after acquiring Lightning Box and Authentic Gaming. Moreover, ELK Studios has already teamed up with multiple successful operators. They look to use the buyer’s resources, data analytics tools and support in the US and Canada. Scientific Games wants to enter new markets and realize its expansion plans, so the ambitions and goals of the two companies concur. This merger represents a match made in heaven for everyone involved.
The strategic partnership between the two enterprises has existed for years, with ELK games maintaining good performance across the OpenGaming platform. It is a studio famous for its passion and enthusiasm regarding game creation. The stand-out quality of its content will play a vital role in delivering unmatched player experiences. The popularity of ELK’s releases and Scientific Games’ reliability promise long-term success for both partners.
Both companies have expressed their pleasure over the deal, with the officials pointing out the benefits. Barry Cottle, CEO at Scientific Games, has said the acquisition showcases their devotion to making investments that boost their cross-platform capacities. Furthermore, Filip Safbeck, CEO at ELK Studios, has stated they already know, through the OpenGaming partnership, the quality of Scientific Gaming. The acquisition enables them to take their games to the next level, offering a scope of new slots to their partners worldwide.
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