Monopoly GO! has achieved an impressive milestone just seven months after its global launch. This is a big success for Scopely and its new owner, Saudi Arabia’s Savvy Games Group.
Founded in 2011, Scopely is best known for mobile games like Marvel Strike Force and Star Trek Fleet Command. Last year, it acquired Fall Guys-like mobile hit Stumble Guys from Finnish studio Kitka Games. Monopoly Go is the company’s latest hit, which has already taken the leading position in its portfolio.
According to AppMagic estimates, Scopely games have generated over $7.6 billion in player spending. The US is the number one country by revenue, accounting for 74% of the total, followed by the UK (5%), Canada (4%), Germany (4%), and France (2%).
In April, Savvy Games Group, owned by Saudi Arabia’s Public Investment Fund, acquired Scopely for $4.9 billion. This will allow Scopely to expand into new areas such as PC and consoles.
This is also the sixth largest-ever M&A deal in the games industry, behind Microsoft-Zenimax ($7.5 billion), Tencent-Supercell ($8.6 billion), Take-Two-Zynga ($12.7 billion), and Microsoft-Activision Blizzard ($68.7 billion).
