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Like most mobile game companies, Big Fish offers free games that seek to coax players into paying for extras, like virtual items that speed up their progress. “Churchill Downs is a great cultural fit for us and we are thrilled to be joining the Churchill Downs family,” he said. Paul Thelen, founder and chief executive of Big Fish, said that Churchill Downs had a commitment to interactive entertainment and a strong track record of growth. Carstanjen, chief executive of Churchill Downs, said in a statement. “The acquisition of Big Fish and our entry into the rapidly growing mobile and online games industry gives us new products, new customers, new geographies and new sizable growth opportunities,” William C. And it owns an online gambling business,. It has half a dozen casinos from Florida to Maine. The company, based in Louisville, Ky., owns five racetracks, including Churchill itself, where the Kentucky Derby horse race is run. SoftBank, the Japanese Internet and telecommunications firm, spent $1.5 billion for a controlling stake in Supercell, maker of Clash of Clans, and Microsoft recently completed a $2.5 billion deal to buy Mojang, the Swedish company behind Minecraft.Ĭhurchill Downs may be the most unconventional suitor yet. On Wednesday, Churchill Downs Incorporated, which owns the Derby, said it would pay up to $885 million for Big Fish Games, a Seattle-based publisher of mobile games founded 12 years ago.īig Fish’s top games include Fairway Solitaire, a card game Gummy Drop, where players align three identical-shapes in a row and Big Fish Casino, a collection of classic gambling games in which players can buy virtual chips but cannot win real money.Ī number of large companies have spent hefty sums to buy their way into mobile games, one of the fastest-growing sectors of the games industry. Now, it is betting big on two of the hottest words in technology as well: mobile games. SEATTLE - The company behind the Kentucky Derby may already have the greatest two minutes in sports.