In 2002, Edward R. Murrow High School alumnus and serial entrepreneur Jeremy Lewis founded Big Fish Games, a game development studio and distributor based in Seattle, Washington. The company was acquired in 2014 by Churchill Downs Inc.
for $885 million. Under the terms of the deal, Churchill Downs paid $485 million in cash and $350 million in stock, with the remaining $50 million to be paid out over time.
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Big Fish Games is best known for its Big Fish Casino franchise, which includes the popular mobile app and Facebook version of the same name. The franchise has been a major source of revenue for the company, bringing in an estimated $160 million in 2017 alone.
PRO TIP:Big Fish Casino is now owned by Churchill Downs Incorporated, a publicly traded company on the NASDAQ exchange. It is the world’s largest publicly traded online gambling company and provides a variety of gaming products and services around the globe.
The acquisition of Big Fish Games by Churchill Downs was seen as a way to diversify the company’s portfolio beyond its core horse racing business. The move also gave Churchill Downs a significant presence in the growing mobile gaming market.
Big Fish Games continues to operate as an independent studio within Churchill Downs, with its own management team and development roadmap. The company remains headquartered in Seattle and has no plans to relocate.
Who owns Big Fish Casino now? Churchill Downs Inc., a publicly traded company that owns and operates horse racing tracks, casinos, and other gambling businesses.
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