Scientific Games to Acquire Elk Studios

By Jadine
Published December 3, 2021

Elk’s content will now be rolled out in the North American market by the gaming solutions giant and further strengthen its position in the UK and Europe.

The deal’s specifics are being kept under wraps.

Stockholm-based mobile game developer Elk is known for their work on Wild Toro II, Katmandu, and Cygnus. Predefined game scenarios and settings can be played using X-iter, a feature developed by the company.

Scientific Games‘ OpenGaming aggregation platform has already put the studio’s games on the market for the first time. If acquired, it will be able to leverage its new owner’s commercial scale, market reach, game IP, and data analytics while continuing to develop new content on its own.

The acquisition of Elk Studios “demonstrates once again our commitment to making focused, value-enhancing investments geared to expand our cross-platform creative capabilities,”

Scientific Games’ president and CEO Barry Cottle said.

He claimed the Elk team was “laden with skill” and that Scientific Games’ existing in-house capabilities would be bolstered.

OpenGaming’s “leading OpenGaming ecosystem provides interesting distribution options in the United States and Canada,” he said.

Founder and CEO Filip Säfbeck praised the acquisition as “the reward of many years of hard work by a team that is entirely committed to developing high-quality online gaming experiences.” “The timing couldn’t be better for us to join Scientific Games,” he said, citing the company’s focus on innovation and expansion into the United States and Canada.

With this purchase, we now have a firm foundation to introduce a wide range of fascinating new slots to online casino partners throughout the world more quickly and easily.”

The acquisition of Authentic Gaming marks Scientific Games’ first move into the live dealer market and the company’s purchase of Lightning Box in August to complement its gaming-focused expansion plan.

Brookfield Business Partners and Endeavor purchased Scientific Games’ OpenBet sports betting business in August and the company’s lottery operations in September, respectively.

About Scientific Games

To give Scientific Games consumers the finest possible gaming and lottery experiences, Scientific Games strives to be a global leader in this industry.

Whether it’s at a casino, at a retail store, or online, gamers can access their casino, interactive, and instant lottery games whenever they want.

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More than 85 years after Scientific Games was founded, we’ve been delivering what clients and gamers care about most: reliable security, creative content, and operational efficiencies.

In addition to a wide range of technology platforms, powerful systems, and entertaining gaming content, we provide unparalleled professional services and marketing solutions to our customers.