SciPlay completed the acquisition of 80% stake in Alictus for $100m.

SciPlay, a developer of digital games on mobile and web platforms, completed the acquisition of 80% stake in Alictus, a developer and publisher of casual mobile games, for $100m. “We are incredibly excited to continue our expansion in the casual space and partner with a proven leader like Alictus that boasts an impressive, unique culture and an extraordinary track record of delivering chart-topping games. The hyper-casual market is a natural expansion for SciPlay with game mechanics and player demographics that are similar to those across casual genres in which we already operate and are growing our presence. This acquisition provides SciPlay an entry point into this market with a highly talented team and a robust pipeline of hyper-casual games, helping us to diversify into the in-app advertising business model and participate in the massive and fast-growing mobile advertising market," Josh Wilson, SciPlay CEO.