SCPL - SciPlay acquires Koukoi Games Oy for undisclosed sum

Devrimb/iStock via Getty Images SciPlay Corporation (SCPL) has acquired Finland-based Koukoi Games Oy, a developer and operator of casual mobile games. 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. The Koukoi Finland office joins existing SciPlay offices including Cedar Falls, Iowa, Austin, Texas, Tel Aviv, Israel, and Kiev, Ukraine. The transaction closed effective July 2, 2021 and does not materially impact the Company's liquidity position, which is over $400M with no debt on the balance sheet. Financial details of the transaction are not being disclosed.

For further details see:

SciPlay acquires Koukoi Games Oy for undisclosed sum