Aristocrat Completes Big Fish Acquisition

Aristocrat Leisure Limited announced that it has completed its acquisition of social casino platform supplier Big Fish Games Inc. in a $990 million cash deal.

Aristocrat Completes Big Fish Acquisition

Australian slot manufacturer Aristocrat Leisure Limited indicated last week it has completed its acquisition of social casino platform supplier Big Fish Games Inc.

Big Fish will immediately provide scale across our entire digital platform, and our social casino business will become the second-largest social casino publisher globally,” commented Trevor Croker, the group’s chief executive and managing director, in a prepared statement in a company filing to the Australian Securities Exchange.

The previously announced deal involves a $990 million cash offer for Big Fish Games, a wholly-owned unit of U.S.-based horse racetrack operator Churchill Downs Inc.

Aristocrat cited research from Eilers and Krejcik Gaming LLC in support of the assertion that the deal would make Aristocrat’s digital business the “second-largest social casino publisher globally by revenue.”

In a statement last week, Croker said Big Fish’s technology is “highly complementary to Aristocrat’s existing and industry-leading land-based digital content business.”