GamePoint has acquired the Israeli social casino developer Lucky Genome.
And when that second name rings a bell, it may be because Luck Genome would be the clever chaps accountable for Slots Craze.
It had been on Tuesday 25th April, the Nederlander social gaming outfit announced the offer to get the Tel Aviv-based software firm.
GamePoint Chief executive officer described deal as “major advance”
Launched 2 yrs ago, Luck Genome’s Slots Craze mobile and Facebook platforms features over 60 social casino titles. And just how popular have these games? Well, they’ve been downloaded over 4 million occasions customers!
Obviously, GamePoint Chief executive officer Amon Endt sees the purchase as marked “a major advance within our growth ambitions in social casino games.”
‘But do you know the the deal?’ we hear you cry. Well, Luck Genome’s keeping its name while its 10-man staff will work from the firm’s Tel Aviv development center. Luck Genome is going to be doubling the workforce within the next 12 several weeks.
‘And just how much could it be worth?’ Apparently $12.5 million, that is peanuts in contrast to the $825 million DoubleU Games compensated for IGT’s DoubleDown Interactive.
Luck Genome delighted to utilize ‘significant player’ GamePoint
Still, Luck Genome founder Guy Ezra’s upbeat concerning the arrangement. Because he later described, the social casino marketplace is “ruled by large companies within the field. To be able to deal with them, businesses require sources.”
Hence teaming with GamePoint, “a significant player in this subject. [The hook-up is] likely to allow us to within our global expansion efforts and also the realisation in our potential.”