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$ 1 Billion in Sales from Sony – Breaking News

According to Sony Pictures sources, the Kyodo agency has decided to sell its company GSN Games, which offers free mobile and online casino games, to Scopely.

The Japanese electronics and entertainment giant emphasized that GSN Games “creates no synergy effect” with Sony’s stores in other industries.

Under the agreement, the date of which was not disclosed, half of the $ 1 billion will be paid in cash and the other half will be covered by preferred stock.

The Japanese company reported that the sale of GSN Games will measure the impact on its earnings guidance for fiscal year 2021, which ends in March 2022.

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