Churchill Downs Completes Big Fish Games Acquisition (update)

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Churchill Downs Incorporated's (CDI) acquisition of social game developer Big Fish Games has been completed for a consideration of $485 million and a potential further earn-out payment of up to $350 million based on the developer achieving EBITDA growth in 2015.

The acquisition will expedite CDI's expansion into the mobile and online games industry providing "new products, new customers, new geographies and new sizeable growth opportunities," Bill Carstanjen, chief executive officer for CDI said earlier this year.

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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