LAS VEGAS, NV – Light & Wonder has aquired Playzido, a dynamic content creation platform provider and game supplier.
Playzido’s proprietary Remote Gaming Server (RGS) platform is a leader in the iGaming industry for rapid custom game development. The platform will accelerate the pace at which L&W can partner with game studios and operators globally to co-create new and exclusive content for players. The platform will also accelerate the L&W partnership strategy that has already been instrumental in the creation of content for studios such as Lightning Box, who was also recently acquired by L&W.
This acquisition will provide a faster route to market for creative studios who do not own their own development platform, who can now utilize Playzido’s advanced technology to rapidly develop content and take advantage of L&W’s OpenGaming™ aggregation platform to distribute more games across L&W’s operator network.
“The Playzido deal is a perfect example of an acquisition that dovetails with our global strategy, demonstrating yet again our commitment to make targeted value-enhancing investments designed to advance our cross-platform content capabilities,” said Dylan Slaney, CEO at Light & Wonder, iGaming. “Playzido’s platform is one of the best in the industry and we are delighted to be able to harness that technology to help studios and operators globally to develop and distribute game content that will continue to resonate with players. Light & Wonder is the go-to partner for game development and distribution globally, delivering the perfect combination of technology, network, and services.”
“This deal is testament to the drive and dedication of our team, who have been committed to building a fantastic games platform that allows independent studios and operators to bring their creativity and innovation to the global gaming market,” said Stuart Banks at Playzido. “It is the perfect moment to become part of the Light & Wonder family, with the distribution power of OpenGaming, and their regulatory expertise, we can look to accelerate quickly by bringing on board more studios than ever before. The synergies behind the acquisition are clear and we will now turn our attention to extending our reach across markets across the world.”