Scientific Games acquires Spicerack Media

12 April 2017

Scientific Games has completed the acquisition of Spicerack Media, the mobile and social game company behind ‘Bingo Showdown’.

In a statement confirming the deal, Scientific said that Spicerack will complement its stable of social casino games and mobile offerings, adding that the acquisition will be “immediately accretive to earnings and cash flow”.

Spicerack’s games are available on Facebook, Amazon, the Apple App Store and the Android application on Google Play.

“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,” SG Interactive chief executive Barry Cottle said.

“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.”

Davy Campano, one of the founders of Spicerack, 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.”

Terms of the acquisition agreement were not disclosed.

Related article: Scientific Games finalises acquisition of DEQ Systems