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SciPlay Acquires Casual Game Company Koukoi Games Oy For Undisclosed Sum

SciPlay Corp (NASDAQ:SCPL) acquired Finland’s casual mobile game developer and operator Koukoi Games Oy for undisclosed financial terms. The combination of…

byAnusuya Lahiri

July 8, 2021

1 minute read

SciPlay Corp (NASDAQ:SCPL) acquired Finland’s casual mobile game developer and operator Koukoi Games Oy for undisclosed financial terms.
The combination of Koukoi’s technology platform and SciPlay’s data-driven “Engine” will be the foundation of SciPlay’s drive to further expand in the $20 billion casual gaming genre.
This is SciPlay’s third acquisition. It acquired Spice Rack and its popular bingo game Bingo Showdown in 2017 and purchased Come2Play in 2020.
SciPlay held $272 million in cash and equivalents as of March 31, 2021.
Price action: SCPL shares closed lower by 1.18% at $15.98 on Wednesday.

Marine Products Q4 EPS $0.35 Up From $0.25 YoY, Sales $108.50M Up From $76.54M YoY

By Bill Haddad

Today, 5:58 AM

Marine Products (NYSE:MPX) reported quarterly earnings of $0.35 per share. This is a 40 percent increase over earnings of $0.25 per share from the same period last year. The company reported $108.50 million in sales

MPX

If You Invested $100 In This Stock 15 Years Ago, You Would Have $300 Today

By Benzinga Insights

Today, 5:58 AM

Kroger (NYSE:KR) has outperformed the market over the past 15 years by 1.96% on an annualized basis producing an average annual return of 8.45%. Currently, Kroger has a market capitalization of $33.96 billion.