{"id":101013,"date":"2020-07-16T08:02:22","date_gmt":"2020-07-16T04:02:22","guid":{"rendered":"https:\/\/phonezone.ru\/news\/tilting-point-acquires-ftx-games-and-plamee-studios-assets\/"},"modified":"2020-07-16T08:02:22","modified_gmt":"2020-07-16T04:02:22","slug":"tilting-point-acquires-ftx-games-and-plamee-studios-assets","status":"publish","type":"post","link":"https:\/\/phonezone.ru\/news\/tilting-point-acquires-ftx-games-and-plamee-studios-assets\/","title":{"rendered":"Tilting Point acquires FTX Games and Plamee Studios\u2019 assets"},"content":{"rendered":"<p>Game publisher Tilting Point announced today that it has made its third acquisition in eight months, buying games, key employees and &ldquo;most of the assets&rdquo; from FTX Games and Plamee Studios &mdash; both previously owned by Playtech, which will be focusing on its gaming and sports betting software moving forward.<br \/>\nPlamee previously developed Narcos: Cartel Wars, which has supposedly made $60 million in revenue since launch. FTX published Cartel Wars, as well as The Walking Dead: Free Casino Slots and Criminal Minds: The Mobile Game. Tilting Point  has taken over operations for all three FTX titles, as well as a fourth that&rsquo;s currently in development.<br \/>\nThe financial terms of the acquisition were not disclosed.<br \/>\nLast fall, Tilting Point acquired Gondola, a startup that optimizes in-game offers and ads. Then it purchased the mobile game Star Trek Timelines earlier this year, hiring the development team to form a new gaming studio called Wicked Realm Games in the process.<br \/>\nCEO Kevin Segalla said he&rsquo;s always seen acquisitions as a big part of the company&rsquo;s &ldquo;progressive publishing&rdquo; model, in which the company is first hired to help developers with user acquisition and then develops a deeper business relationship over time.<br \/>\n&ldquo;We were built to ultimately be in a position where we could acquire some of the studios that we&rsquo;re working with,&rdquo; Segalla said.<br \/>\nHe added that he expects &ldquo;more acquisitions down the pike for sure,&rdquo; with Tilting Point particularly interested in acquiring games that have previously been &ldquo;constrained in marketing spend&rdquo; and &ldquo;clearly are going to have longer legs.&rdquo;<br \/>\nIt sounds like studios acquired by Tilting Point continue to operate with a degree of independence while drawing on the larger company&rsquo;s resources to grow and monetize their games.<br \/>\n&ldquo;We truly value the developers&rsquo; independence,&rdquo; Segalla said. &ldquo;We specifically want to work to continue operating their business and help them accelerate their growth. A&nbsp;lot of development studios are recognizing that scale is becoming more and more important.&rdquo;<\/p>\n<p>Tilting Point acquires mobile game Star Trek Timelines<\/p>\n<p><a href=\"https:\/\/guce.techcrunch.com\/consent?brandType=nonEU&#038;done=https%3A%2F%2Ftechcrunch%2Ecom%2F2020%2F07%2F15%2Ftilting%2Dpoint%2Dacquires%2Dftx%2Dgames%2Dplamee%2Dstudios%2F&#038;gcrumb=hn9oZIw=\">Tilting Point acquires FTX Games and Plamee Studios\u2019 assets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Game publisher Tilting Point announced today that it has made its third acquisition in eight months, buying games, key employees and &ldquo;most of the assets&rdquo; from FTX Games and Plamee Studios &mdash; both previously owned by Playtech, which will be focusing on its gaming and sports betting software moving forward. Plamee previously developed Narcos: Cartel [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8969,5227,6024,5114,8320],"tags":[8972,8970,8323,8971],"class_list":["post-101013","post","type-post","status-publish","format-standard","hentry","category-ftx-games","category-gaming","category-ma","category-mobile","category-tilting-point","tag-ftx","tag-narcos-cartel-wars","tag-tilting-point","tag-wicked-realm-games"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tilting Point acquires FTX Games and Plamee Studios\u2019 assets - 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