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Playtika Holding Corp. (NASDAQ: PLTK) is a leading mobile gaming entertainment and technology company, renowned for its diverse portfolio of engaging social games. Headquartered in Herzliya, Israel, Playtika was founded in 2010 and has since become a trailblazer in the realm of free-to-play games. The company is celebrated for captivating audiences with highly immersive and beautifully produced games, combining art with sophisticated algorithms to enhance the gaming experience.
Playtika's core business revolves around developing and operating mobile games. Their prominent titles include Slotomania, Bingo Blitz, House of Fun, Poker Heat, and Board Kings. These games offer a variety of experiences, ensuring that players find something that suits their tastes, whether they seek humor, drama, playfulness, or intrigue.
The company's roots are deeply embedded in the social casino space; they were pioneers in introducing free-to-play casino-style games on social networks. Slotomania remains a top-grossing app on both Facebook and iOS platforms. Leveraging their understanding of player preferences and expertise in marketing and monetization, Playtika has successfully expanded into other game categories like bingo and strategy games.
Recent Achievements and Projects:
- Partnerships: Playtika's Caesars Slots launched a new promotion featuring TV host Ty Pennington, offering a $2,500 gift card each week to enhance player engagement.
- Marketing Campaigns: Solitaire Grand Harvest partnered with actress Sarah Jessica Parker for a nationwide TV spot, emphasizing the game's immersive farm-themed experience.
- Strategic Alliances: Playtika's Solitaire Grand Harvest collaborated with Dr. Phil McGraw on a unique partnership to promote stress relief through gaming, integrating in-game and on-air content.
- Social Responsibility: The World Series of Poker (WSOP) app hosted a 72-hour Pokerthon to support Disabled American Veterans (DAV), combining gaming with charitable efforts.
- Innovative Promotions: Slotomania teamed up with the game show Let’s Make a Deal to offer players a chance to win weekly car prizes, reflecting the growing convergence of gaming and entertainment media.
Playtika's financial performance is robust, with significant revenue generated from the sale of virtual items in online games. The company has a global presence with operations in the USA, EMEA, APAC, and other regions, with the majority of its revenue stemming from the USA.
To support its vast portfolio, Playtika has developed live game operations services and a proprietary technology platform. The company continues to innovate and expand its gaming offerings, ensuring that players remain entertained and engaged.
For the latest financial updates and detailed announcements, investors and stakeholders can refer to Playtika’s Investor Relations website.
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.
Playtika Holding Corp. (NASDAQ:PLTK), a top mobile gaming company, will participate in two upcoming investor conferences. Craig Abrahams, President and CFO, will host a virtual fireside chat at MKM’s Best Ideas Conference on November 17, 2021, at 5:30 a.m. PT. Additionally, he will present at Credit Suisse's 25th Annual Technology Conference on November 30, 2021, at 11:45 a.m. PT. Interested parties can access a live webcast and a replay on Playtika's Investor Relations page.
Playtika, founded in 2010, boasts over 35 million monthly active users across its diverse game titles.
Playtika Holding Corp. (NASDAQ:PLTK) will participate in the Jefferies 2021 Virtual Global Interactive Entertainment Conference on November 11, 2021. The presentation, featuring Craig Abrahams, President and CFO of Playtika, will take place at 9:45 a.m. PT/12:45 p.m. ET. A live webcast will be available on the company's Investor Relations page, with a replay option following the event. Playtika, founded in 2010, is a leading mobile gaming company with over 35 million monthly active users worldwide.
Playtika Holding Corp. (NASDAQ: PLTK) reported third-quarter revenue of $636 million, a 4% increase year-over-year. The company’s net income was $80.5 million, down from $119.9 million in Q3 2020. Adjusted EBITDA was $247.8 million, slightly decreased from the previous year. Playtika acquired Reworks for $400 million and soft-launched Merge Stories, aiming for future growth. The company anticipates $2.57 billion revenue for 2021 and plans a virtual Analyst Day in March.
Playtika Holding Corp. (NASDAQ:PLTK) will release its third quarter 2021 financial results on November 3, 2021, prior to U.S. market opening. Management will host a conference call at 5:30 a.m. PT / 8:30 a.m. ET to discuss the results. A live webcast with related materials will be available on Playtika’s Investor Relations website. Founded in 2010, Playtika is a prominent mobile gaming company with over 36 million monthly active users, operating globally from 20 offices.
Playtika Holding Corp. (NASDAQ: PLTK) has announced the global launch of Switchcraft, a new casual game developed by its Berlin-based studio, Wooga GmbH. This game features a young female protagonist, Bailey Ward, who guides players through a magical world filled with witchcraft-themed puzzles. Switchcraft combines Match 3 mechanics with narrative-driven gameplay, appealing to a diverse audience. This launch is seen as a significant milestone for Playtika, following its IPO in January 2021, and aims to expand its player base within the popular Match 3 genre.
Playtika Holding Corp. (NASDAQ:PLTK) announced its participation in two upcoming virtual investor conferences. Craig Abrahams, President and CFO, will present at Citi's 2021 Virtual Global Technology Conference on September 13, 2021, at 10:50 a.m. PT. Robert Antokol, Founder and CEO, will present at Goldman Sachs’ 2021 Communacopia Conference on September 23, 2021, at 11:55 a.m. PT. A live webcast of these presentations will be available on Playtika’s Investor Relations page, with replays accessible afterwards.
Founded in 2010, Playtika is a leading mobile gaming company with over 36 million monthly active users.
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