Scopely, owned by Saudi Arabia's Savvy Games, was acquired by Saudi Arabia's Public Investment Fund for $4.9 billion earlier this year, making it one of the top 10 most expensive acquisitions in video game history. The company has previously worked on games like Star Trek, The Walking Dead, and Marvel, and is also behind the popular battle royale game, Stumble Guys.
Key takeaways:
- Scopely's mobile game Monopoly Go has generated over $1 billion in revenue, making it 2023's "biggest mobile game launch".
- The game is bringing in more than $200 million every month and reached the $1 billion mark faster than any other casual game in mobile game history.
- Monopoly Go has been downloaded more than 100 million times, with players passing go more than 40 billion times and getting sent to jail over 6 billion times.
- Scopely, which also worked on Star Trek, The Walking Dead, and Marvel games, was acquired by Saudi Arabia's Public Investment Fund for $4.9 billion, making it one of the top 10 most expensive acquisitions in the history of video games.