Scientific Games acquires Karma games interactive portfolio

Scientific Games has announced its acquisition of Karma Gaming’s portfolio of interactive games for an undisclosed consideration.

“The purchase, which was completed in June 2016, accelerates Scientific Games’ interactive strategy and product roadmap while further strengthening the Company’s position to lead lotteries into the digital future,” a company statement reads.

The acquisition furthers Scientific Games’ growth ambitions in the market, Jim Kennedy, executive vice president and group chief executive of lottery for Scientific Games, said, highlighting that the company is currently the leader in interactive lottery solutions with10 active loyalty programmes and 13 mobile apps deployed.

“When the biggest lotteries in the U.S. look for interactive content, they look to Scientific Games,” Kennedy concluded.

In addition, a number of game developers from Karma Gaming will join Scientific Games’ employ.