14th of April 2017 Author: Natalie Stephanopoulos
Developer for global gaming and lottery, Scientific Games, has recently acquired Spicerack Media Inc. The game developer company, founded in 2007, provides a wide assortment of social casino games, and offerings compatible with mobile devices. Players can enjoy its games on Apple's app store, the Android app, Google play, Facebook, and Amazon.com.
Spicerack serves as the creator of the widely known, 'Bingo Showdown,' a social bingo game app! The app serves as the brand's major source of revenue, and made its way to the top five social bingo titles just last year. The launch of the app has brought increased success for the brand, with significant growth evident each quarter since it first went live.
Chief Executive of Scientific Games, Barry Cottle, commented, "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."
One of Spicerack's founders, Davy Campano, added, "We are excited to bring our product portfolio into a company with the reputation of Scientific Games. Their interactive business has seen rapid growth over a sustained period of time, and we are proud to be joining such a successful part of the Company."
While official details regarding the acquisition have not yet been made public, the deal will take effect immediately.
Source: "Scientific Games Acquires Bingo Showdown Creator Spicerack Media". April 11, 2017.
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