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Playtika Holding Corp (NASDAQ: PLTK), a leader in free-to-play mobile gaming, maintains this dedicated news hub for investors and industry observers. Access official press releases and curated updates about product launches, financial results, and strategic initiatives.
This resource consolidates all essential PLTK developments including earnings announcements, partnership agreements, and game portfolio expansions. Monitor updates about the company's social casino innovations, technology advancements, and global market activities.
Key updates typically include quarterly financial disclosures, leadership changes, game feature enhancements, and analyses of mobile gaming trends. Subscribers and returning visitors benefit from structured presentation of operational milestones and corporate communications.
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Playtika Holding Corp. (NASDAQ: PLTK) reported significant growth in its fourth quarter and full-year 2021 financial results. Fourth quarter revenue rose to $649 million from $573.5 million year-over-year, with net income climbing to $102.3 million. For 2021, revenue totaled $2.583 billion, up from $2.371 billion, and net income surged to $308.5 million. The company is also exploring strategic alternatives to maximize shareholder value, including a potential sale. January 2022 showed continued growth with revenue and payer conversion improvements.
Playtika Holding Corp. (Nasdaq: PLTK) announced its Board of Directors is evaluating strategic alternatives to enhance stockholder value, possibly including a sale. The company engaged The Raine Group as financial advisor and Latham & Watkins LLP for legal counsel. Playtika will release its Q4 and full-year 2021 results earlier than scheduled but has postponed its Analyst Day originally set for March 3, 2022. The timing and outcome of this strategic review remain uncertain, and there is no guarantee of related transactions.
Playtika's Solitaire Grand Harvest, the top-grossing Solitaire game in the US, has launched a new national commercial featuring beloved character Sam the Dog. The campaign highlights the game's unique blend of animation and live-action, inviting players to embark on an engaging journey through an interactive solitaire world. With over 2 million daily active players, Solitaire Grand Harvest offers themed gameplay with farming elements and thousands of challenging levels, enhancing the casual gaming experience. The game is available for download on both the App Store and Google Play.
Playtika's Bingo Blitz has launched a new US-wide advertising campaign featuring Grammy Award-winning artist Meghan Trainor. The campaign includes a commercial showcasing Trainor's passion for the game, highlighted by her reimagined hit "All About That Bass" as "All About That Game!". With over 1 million daily players, Bingo Blitz aims to redefine the Bingo experience. This Valentine's Day-themed initiative includes Trainor's avatar within the game, engaging players in a special love-themed virtual room. The campaign continues Bingo Blitz's efforts to expand its player community.
Playtika Holding Corp. (NASDAQ: PLTK) announced that its largest stockholder, Playtika Holding UK II Limited, is considering selling 15-25% of its shares. This potential sale may occur through private placements or public offerings, contingent on market conditions and negotiations. If executed, it could lead to PHUK II losing control of a majority of shares, impacting its status as a controlled company under NASDAQ rules.
Playtika Holding Corp. (NASDAQ: PLTK) is set to release its fourth quarter and full-year 2021 financial results on March 1, 2022, before U.S. markets open. A conference call to discuss the results will take place at 5:30 a.m. Pacific Time. Additionally, the company will host its inaugural Analyst Day on March 3, 2022, both virtually and in-person at The Times Center in New York City with presentations from CEO Robert Antokol and the executive team. Interested parties can register to attend.
Playtika Holding Corp. (NASDAQ: PLTK) announced the appointments of Dana Gross and Hong Du to its Board of Directors, enhancing its leadership as it seeks growth in the mobile gaming sector. Dana Gross, current COO of Prospera Technologies, brings extensive operational and financial expertise, having previously served at eToro and several technology firms. Hong Du, Co-President of SINA, possesses significant experience in mobile and internet businesses. This leadership expansion emphasizes Playtika's commitment to diversity and strategic growth in global markets.
Playtika (NASDAQ:PLTK) announced a collaboration with 'Dr. Phil' for 2022, featuring its popular mobile games, Bingo Blitz and Solitaire Grand Harvest. This partnership aims to showcase gaming as a means of relaxation and entertainment. Bingo Blitz boasts over 1 million daily active users, while Solitaire Grand Harvest has over 2 million, highlighting their popularity. The collaboration includes live gameplay segments on the show, emphasizing the interactive nature of gaming. Both games aim to connect players globally and enhance user experiences.
Playtika Holding Corp. (NASDAQ:PLTK), a top mobile gaming company, will participate in the Wedbush Winter Games Conference on December 8, 2021. Craig Abrahams, the company's President and CFO, is set to present a fireside chat at 10:45 a.m. PT/1:45 p.m. ET. A live webcast will be available on Playtika’s Investor Relations page, with a subsequent replay. Founded in 2010, Playtika boasts over 35 million monthly active users and operates globally, with 20 offices. The company remains committed to entertaining users through innovative gaming experiences.