From Breakingviews - Saudi $5 bln gaming play only works on some levels
on Wednesday that it was buying U.S. mobile games specialist Scopely for $4.9 billion. That’s nearly two-fifths of the $13 billion it set aside in September for such acquisitions.
Though privately held Scopely doesn’t disclose its financials, Savvy looks to be getting a good price. The company projected it would make over $900 million in 2020, co-CEO Javier Ferreira
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