Scientific Games takes over Elk Studios
In the gambling industry, the bike continues to turn and never stands still. It was now known that the US company Scientific Games took over the game developer Elk Studios. Nothing became known about the exact price that the company paid for the game manufacturer from Stockholm. In a press release, Scientific Games announced that the product portfolio should be expanded. Elk Studios was also convinced of the takeover and described it as a win-win situation.
Elk Studios attaches importance to details
The Swedish company Elk Studios was founded in 2013 and has recently blossomed into one of the best -known game developers on the market. In contrast to other companies, ELK Studios does not focus on quantity, but quality. The characters in the games are breathed into life through animations. In the games, the focus is on details and mobile games. All games are suitable for desktop game. The game selection with the relevant software platforms is compatible.
The only provider has created ELK Studios for the players a “Betting strategy” that allows it to determine in advance when the operations are to be increased or reduced. There are currently 32 games with a diverse selection of topics. Interesting graphics and audio elements ensure that users have a captivating experience. Wild Toro, which was awarded the EGR Operators Award Game of the Year in 2017. Hong Kong Tower, Taco Brothers or Birthday are also part of the portfolio. With an RTP (Return to Player) of 96 percent, the games have a good payout rate.
Goal market expansion
With the purchase, Scientific Games now has the opportunity to sell the games on the American and Canadian market. In addition, the company strengthens its position in Europe and Great Britain. Barry Cottle, President and CEO of Scientific Games, made no secret of the fact that the next step is to develop into a leading gaming company.
He praised Elk Studios because of the large talent and thus sees an enrichment for the company. “The highly synergist combination of your high-ranking games and our leading Opengaming ecosystem offers exciting sales opportunities in the USA and Canada. I am very happy to welcome you to our team, ”he underpinned. Scientific Games already has a big name on the market. In addition to the development of the platforms for Online-Casinos, the construction of Slot machine the company offers sales machines for lottery-free. It is also endowed on the stock exchange.
Further independent
In the end, the deal can prove to be a win-win situation not only for Scientific Games, but also for Elk Studios. On the one hand, Elk Studios can continue to work independently and on the other hand, the games can be placed in other countries. Another aspect is that the know-how of Scientific Games can be used. This includes support and analysis tools. With the Swedes, the joy of the agreement is great.
Filip Säfbeck underlined that this is the reward for years of hard work. The team fully committed itself to the development of the games. Säfbeck is currently recognizing the best time to take over by Scientific Games, since the ambitions with the market in the USA and Canada, which lives from innovations, completely agree.
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