SciPlay Acquires Casual Game Company Koukoi Games Oy For Undisclosed Sum

SciPlay Corp SCPL acquired Finland's casual mobile game developer and operator Koukoi Games Oy for undisclosed financial terms.
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 $20 billion casual gaming genre.
This is SciPlay's third acquisition. It acquired Spice Rack and its popular bingo game Bingo Showdown in 2017 and purchased Come2Play in 2020.
SciPlay held $272 million in cash and equivalents as of March 31, 2021.
Price action: SCPL shares closed lower by 1.18% at $15.98 on Wednesday.

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