Industry News • Charlie V

Scientific Games acquires Stockholm-based ELK Studios

Scientific Games acquires Stockholm-based ELK Studios

SG Digital purchases a new studio to add to its portfolio

Veteran iGaming studio, Scientific Games (also known as SG Digital), has announced that it's acquiring a Stockholm-based development studio called ELK Studios. They have previously spent millions to purchase other talented slot developers such as WMS, Barcest, Bally and Nyx Gaming.

It was only in August 2021 that they purchased Lightning Box for an undisclosed sum as Scientific Games strengthens its iGaming content offering.

Who is ELK Studios?

Founded in 2013, ELK Studios is a developer with a focus on "quality over quantity' combining "groundbreaking mathematics with astonishing artwork, in order to deliver high-quality products".

They are famously known for online slots such as Book of Toro, Toro 7s, Wild Toro II along with a vast collection of titles. 

"ELK Studios team is packed with talent," says SG Digital

"Acquiring ELK Studios demonstrates once again our commitment to make targeted, value-enhancing investments designed to advance our cross-platform content capabilities," said Barry Cottle, President and CEO of Scientific Games. "The ELK Studios team is packed with talent and enhances our existing in-house teams and capabilities.”

Filip Säfbeck, CEO of ELK Studios, added: "This deal is the fruit of many years of hard work by a team that is fully committed to crafting high-quality online gaming experiences.

“We see it as the perfect time to join the Scientific Games team, given that our ambitions to grow through innovation and into the US and Canada are in total alignment. This acquisition offers us a solid base to bring to market a wide range of exciting new slots more smoothly than ever to online casino partners across the globe."