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Scientific Games Corp. (Nasdaq: SGMS) has acquired the assets of GameLogic Inc., a Waltham online casino game and marketing software maker. Terms of the deal were not disclosed.
Founded in 2002, GameLogic Inc. raised over $26 million from venture firms including Bain Capital Ventures of Boston, General Catalyst Partners of Cambridge and Maveron LLC of Seattle. The company produces loyalty and marketing programs and online games, including a suite of games called PlayAway, that skirt laws prohibiting online gambling by letting players buy and redeem online chips in a casino but play games remotely, online.
New York-based Scientific Games, which provides tickets, software and services to lotteries, including the Massachusetts state lottery, announced the deal this morning, saying it had also hired several GameLogic employees from the company’s development and marketing divisions.
The acquisition comes a week after a bill to legalize online gambling in the U.S. was reported out of the House Financial Services Committee. A spokeswoman at Scientific Games could not be reached Friday morning. GameLogic investors and executives also could not be reached.
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