Mobile gaming entertainment and technology company Playtika Holdings announced the successful completion of a $25 million minority investment in Turkish mobile gaming developer Ace Games. The move aims to bolster Playtika’s international growth and expand the company’s footprint in the mobile gaming market. Playtika Invests in Winning Verticals Playtika’s newest investment comes not long after […]
At the beginning of August, NASDAQ-listed mobile gaming entertainment and technology company Playtika Holdings reported a stable revenue for Q2 2022 along with a net income drop of around 60%. Now, the company has published its third-quarter results for the period ending September 30. Among the most important markers highlighted by the report, we can […]
The company’s Q1 results were much stronger and the tougher operating climate seems to be the story most companies to show such results resort to. Financial Results Speak for Themselves Although Playtika’s revenue has remained almost unchanged, sitting at $659.6 million, compared to $659.2 million in the same period last year, net income has seen […]
Playtika has purchased JustPlay.LoL, a platform that has developed the battle royale game 1v1.LOL. The title is a third-person shooter game that is predicated on experiences similar to Garena Free Fire, PlayerUnknown’s Battlegrounds, and Fortnite. 1v1.LOL Makes Fine Addition to Playtika’s Portfolio Playtika has completed the acquisition in a bid to continue adding to what […]
Playtika, an Israeli digital entertainment company producing mobile casino games, has reinforced its team by appointing Jacob Mendel as the vice president of blockchain technology. Mendel Brings Two Decades of Experience to the Company Blockchain technology is one of the hot topics in the gambling industry. When it comes to innovation, the possibilities of the […]
Israel-based digital entertainment company, Playtika, announced that it joined forces with Laurence Fishburne for a new commercial. Laurence Fishburne Participates in a New Playtika WSOP Commercial The legendary Hollywood actor participates in Playtika’s World Series of Poker (WSOP) play-for-fun poker game commercial. The new commercial launched in the US on Thursday, February 3. For Fishburne, […]
In a rather curious business decision at first glance, Israel-based digital entertainment company Playtika announced this Monday that it is acquiring the owner of the home design game Redecor – the Finnish company Reworks. Playtika’s Eighth Acquisition Deal The deal envisions Playtika paying $400 million upfront for 80% of Reworks and an additional of up to $200 million based on the target’s […]
Playtika, a leading social gaming business, had higher revenue and much lower costs of maintaining the company running, which is why H1 resulted in profits, stated the chief financial officer of Playtika. Statistics showed that for the first half of 2021, the revenue reached $1.30 billion, or an increase of 9.6%. While the $1.30 billion […]
Gaming developer Playtika launched an initial public offering (IPO) today, selling to the public 69,500,000 shares of its common stock. Earlier in the month, the company announced its intention to go public and list on the Nasdaq Global Select Market, expecting the offering price to be between $22 and $24, but today it initiated the […]
Playtika Holding Corp launches IPO in an attempt to boost its valuation to $10 billion and capitalize on gaming trend Playtika Launches IPO Israeli gaming company Playtika Holding Corp has launched an initial public offering in the US to further boost its growth and capitalize on the growing demand for mobile gaming. The company is […]
