The owner of the casino and racing grounds Penn National Gaming bought the game studio Rocket Games. The transaction value was $60 million.
According to the Pocket Gamer resource, additional payments to studio managers may amount to another $ 110 million. Thus, the final price of Rocket Games may reach $170 million.
According to the executives of Penn National Gaming, the purchase will organically complement the company’s main business, the casino. The fact is that Rocket Games is the owner of 50 mobile and browser games in the same subject. The flagship title of the studio, Viva Slots Las Vegas, has 200 thousand DAU.
Rocket Games was founded in 2013 by Zynga natives Bill Gelpi and Steven Jian. The studio’s headquarters is in San Francisco, and it will remain there after the final purchase. The management team will not change either.
Source: Pocket Gamer