Interactive
Australia – Crown buys into social gaming company
By Phil - 19 August 2015
Australian casino operator Crown Resorts has entered the social gaming space by buying a 60 per cent share in Texas-based social casino and games developer DGN Games for US$ 27.5m.
Crown will invest a further $5m to DGN to support further growth.
Ken Barton, Crown Resorts CFO, said: “It’s early days for us but we think the social gaming space is a relatively high growth market.”
DGN Games LLC is the developer behind Old Vegas Slots app, a social casino game with the feel of mechanical slots, which is available on the Apple iOS store and won Facebook’s 2014 Best New Games Award.
