Very interesting merge and a confirmation of the development in the direction of social gaming. It’s likely to see a combination of mobile casino, virtual reality and social gambling onwards. Even if it’s an exciting idea it’s likely a couple of years left before you have it in the livingroom.
Considering a number of casino software developers there are on the market we could probably see more mergers ahead. Consolidation of a market is a natural evolvement when coming from an opportunistic business climate to a more mature one.
Scientific Games boosts social portfolio by acquiring ‘Bingo Showdown’ developer Spicerack Media
Updating the market, Nasdaq-listed Scientific Games Corporation (SGC) has moved to bolster its social gaming portfolio by acquiring mobile and social games development studio Spicerack Media (Spicerack).
The undisclosed sum acquisition of Spicerack will see SGC acquire all related assets including popular social game title ‘Bingo Showdown’, which will be added to SGC current social casino games portfolio operated by its SG Interactive division.
Barry Cottle, Chief Executive, SG Interactive, said, “We are excited by the addition of Spicerack’s talented team and complementary nature of their successful bingo game offering to our expanding portfolio of rapidly growing social casino apps. The acquisition will be immediately accretive and provide additional momentum in the mobile gaming space, as we look to exceed players’ expectations of exciting and engaging gaming entertainment experiences.” read more at sbcnews.co.uk