Scopely's Chief Financial Officer, Tim O'Brien, shared during the Variety Entertainment & Technology Summit that his company has ambitious M&A plans for the upcoming year.
MONOPOLY GO!
According to O'Brien, in 2025, Scopely expects to announce at least one mega-level deal. This involves acquiring a global franchise with potential revenue of no less than one billion dollars. Whether Scopely has already eyed specific projects, he did not disclose.
O'Brien added that Scopely has become more active in the M&A sphere thanks to the support of its parent company, the Saudi-based Savvy Games Group. The top executive recalled that earlier Savvy Games Group received $38 billion from the Saudi Arabian authorities for investments, and Scopely is at the forefront of their strategy to utilize these funds.
Separately, O'Brien mentioned that over the past year and a half, Scopely's staff has doubled, and the game MONOPOLY GO! is currently performing significantly better than at its launch.