MTG Finalizes $620 Million Acquisition of Plarium

Modern Times Group has successfully completed the acquisition of Plarium, valued at $620 million, from its former owner Aristocrat Leisure Limited. The acquisition agreement, signed in November 2024, included a deferred payment of $20 million scheduled for 2026. With the deal now finalized, MTG will initiate the process of onboarding Plarium and fully incorporating it into the company. According to reports by Pocket Gamer, the acquisition may result in additional earnings of $30 million based on 2025 revenue from Raid: Shadow Legends, with a potential further $170 million based on Plarium's revenue in 2028. Maria Redin, MTG's president and CEO, expressed her enthusiasm for the acquisition, stating, "This strategic deal will enable us to achieve our goal of becoming a leading European gaming group, boasting one of the most impressive portfolios of mid-core IPs with long-term viability.", adding, "The acquisition of Plarium serves as a significant catalyst for our future growth, providing a unique opportunity to accelerate our strategic execution and bring together some of the industry's top talent, supported by our group's technology, tools, and expertise." Schraga Mor, Plarium's CEO, also commented, "We are excited to join forces with MTG, a company that recognizes and values Plarium's proven track record in the mid-core and casual gaming sectors. Over the past year, we have regained momentum, achieving new records and reinforcing our industry leadership, which is a testament to our team's exceptional abilities. With a solid foundation in digital marketing and live operations, coupled with our history of building engaged and loyal player communities, we are well-positioned to maintain this momentum."