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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 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.
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.
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