Scientific Games acquires games portfolio of VC-backed Karma
Scientific Games Corp (NASDAQ: SGMS) has acquired Karma Gaming's portfolio of interactive games, including second-chance games and eInstant games. The undisclosed deal was closed in June. Las Vegas, Nevada-based Scientific Games, which also hired several Karma Gaming developers, said the purchase accelerates its interactive strategy and product roadmap. Karma Gaming, a Halifax-based provider of online and social games for regulated lotteries, was founded in 2012. It is backed by RHO Canada Ventures, Vanedge Capital, Innovacorp and other investors.
7 October 2016•7 mins read
