Brazilian partnership for Scientific Games

Scientific Games is unstoppable the last few months, since they conclude the one deal after the other. Just a few days after the announced agreement with Paddy Power, a new successful deal was announced. The popular software provider revealed that they are about to acquire a majority stake in the Brazilian corporation EsysnetG. The latter is a video bingo content studio based in Sao Paulo, Brazil. Scientific Games acquired the majority of the Brazilian corporation’s stakes for an undisclosed fee.

SG’s gains from the deal

With the conclusion of EsysnetG’ acquisition, Scientific Games will be provided with access to EsysnetG’s existing and future video bingo content. Of course, this will help the popular software provider in the development of online, mobile, and land-based games. Those games will be placed in markets around the globe. That means that the Founder of the acquired gaming studio, Mr Mauricio Lara, will have to remain in his position. After all, Mr Lara has a long history of developing math models, engines, and video bingo content for multiple markets. Expectedly, his presence and knowledge will be more than helpful at this new era for EsysnetG.

The reactions on the agreement

It should be noted that the acquisition of the Brazilian gaming studio is Scientific Games’ first major acquisition for a while.To be exact, since it concluded a 631 million dollars deal to acquire NYX Gaming Group. In addition, it came just a few days after the company’s announcement about its financial results for the last quarter of 2017. Announcing the deal in a statement on the Scientific Games website, Group Chief Executive, Gaming Derik Mooberry commented.

“We are excited to welcome EsysnetG into the Scientific Games family. This acquisition will enable us to provide our customers with expanded, engaging video bingo content. In addition, for us is yet another example of our continued investment in solutions. Solutions aiming to help the Company offer the broadest portfolio of innovative products in the industry.”

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