SciPlay Acquires Koukoi Games Oy
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SciPlay Corporation (NASDAQ: SCPL) recently acquired Koukoi Games Oy, an Oulu, Finland-based developer and operator of casual mobile games.
The amount of the deal was not disclosed.
The Koukoi team will take over the organic build of a new casual game concept, a key step in SciPlay’s expansion in the casual genre and revenue diversification strategy to drive long-term growth and shareholder value. The combination of Koukoi’s technology platform and SciPlay’s data driven engine will be the foundation of SciPlay’s drive to further expand in the $20B+ casual gaming genre.
Led by Josh Wilson, Chief Executive Officer, SciPlay Corporation is a developer and publisher of digital games on mobile and web platforms. The company currently offers seven core games, including social casino games Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino and Quick Hit Slots, and casual games MONOPOLY Slots, Bingo Showdown and 88 Fortunes Slots. Its social casino games feature slots-style game play and occasionally table games-style game play, while its casual games blend slots-style or bingo game play with adventure game features. All of its games are offered and played on multiple platforms, including Apple, Google, Facebook and Amazon. In addition to developing original games, the company has access to a library of more than 1,500 real-world slot and table games provided by Scientific Games Corporation and its Subsidiaries.
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This is SciPlay’s third acquisition. The company had acquired Spice Rack and its bingo game Bingo Showdown™ in 2017, and Come2Play in 2020, which currently is in soft launch with Solitaire Pets™ Adventure.
Led by Antti Kananen, Chief Executive Officer, Koukoi has developed Om Nom Run, which has been downloaded over 30 million times. Its casual mobile games are built on their proprietary technology platform that includes modular game feature components and real-time multiplayer engines that can be used across games. The Koukoi Finland office joins existing SciPlay offices including Cedar Falls, Iowa, Austin, Texas, Tel Aviv, Israel, and Kiev, Ukraine.
