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Playtika

#4234

Rank

$1.96B

Marketcap

IL Israel

Country

Playtika
Leadership team

Mr. Robert Antokol (Co-Founder, Chairperson of the Board of Directors & CEO)

Mr. Craig J. Abrahams (Pres & CFO)

Mr. Shlomi Aizenberg (Chief Operating Officer)

Products/ Services
Digital Entertainment, Gaming, Mobile Apps, Online Games
Number of Employees
1,000 - 20,000
Headquarters
Herzliya, Tel Aviv, Israel
Established
2010
Company Registration
SEC CIK number: 0001828016
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
PLTK
Social Media
Overview
Location
Summary
Playtika Holding Corp. develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company owns a portfolio of casual and casino-themed games. It distributes its games to the end customer through various web and mobile platforms, such as Apple, Facebook, Google, and other web and mobile platforms and its own proprietary platforms. The company was founded in 2010 and is headquartered in Herzliya Pituarch, Israel. Playtika Holding Corp. is a subsidiary of Playtika Holding Uk Ii Limited.
History

The company was founded in 2010 by Robert Antokol and Uri Shahak . In May 2011, the company was bought by Caesars Entertainment Corporation. Antokol remained the CEO of Playtika, and the company remained an independent unit within Caesars.In July 2016, the company's operations were acquired by a Chinese consortium, valued at 4.4 billion dollars.Headquartered in Herzliya, Israel, the company has over three thousand employees in offices worldwide including Tel-Aviv, London, Berlin, Vienna, Helsinki, Montreal, Chicago, Los Angeles, Las Vegas, Santa Monica, Sydney, Buenos Aires, Tokyo, Kyiv, Bucharest, Minsk, Dnipro, and Vinnytsia.

Playtika started off in the casino-style genre of "Social Casino Games". This genre uses the central elements of popular casino games but players cannot use real cash within the gameplay, nor can they win real money.

At January 2018, Playtika set up a $400 million Israel investment fund. The fund plans to invest in Israeli mobile and Internet digital entertainment and consumer product companies.In October 2017, Playtika entered the casual games niche with its acquisition of the Israeli-based games studio, Jelly Button. In December 2018, the company took another step in its new diversification strategy with the acquisition of Berlin-based casual games studio, Wooga. In January 2019, the company acquired a Vienna-based casual games studio, Super treat.

In May 2019, the company launched an independent division dedicated to the creation and rapid development of casual games which plans to launch several new games every year.The announcement introducing the new independent division was made at the company's Global Summit in Ibiza, where over 2,500 employees from Playtika's 16 locations around the world gathered for a company event.In August 2019, Playtika acquired Finnish mobile game company Seriously, publisher of Best Fiends, a cartoon-style mobile game that launched in 2014.In March 2020, Playtika will donate its catered meals and food to local communities to provide relief for the COVID-19 pandemic.In January 2021, Playtika filed for an IPO. On January 20, 2021, Playtika completed its initial public offering of approximately 80M shares of common stock at $27 per share.In March 2022, Playtika announced the company had acquired the Israel-based, online building and shooting simulator software development company JustPlay.LOL, most known for creating the multiplayer game 1V1.LOL.

Mission
We consider ourselves storytellers and artists, gamers and strategists. We pair art with science — sophisticated algorithms that deliver a pace and rhythm in each game and heighten the thrill of winning. Whether players are looking for something that is funny or dramatic, playful or full of intrigue, Playtika’s diverse portfolio of games will inspire them to play and stay for a highly entertaining experience.
Vision
our eyes are keenly set on becoming the world’s leading provider of casual game entertainment.
Key Team

Mr. Michael D. Cohen Esq. (Chief Legal Officer & Corp. Sec.)

Mr. Ofer Kinberg (Chief Revenue Officer)

Mr. Troy J. Vanke (Chief Accounting Officer)

Mr. David Niederman (VP of Investor Relations & Capital Markets)

Mr. Erez Rachmil (Chief Technology Officer)

Mr. Nir Korczak (Chief Marketing Officer)

Ms. Yael Yehudai (Chief HR Officer)

Recognition and Awards
Playtika was named Best Online and Social Gaming Company in 2015 by iGaming North America. Additionally, Playtika has received several prestigious global awards, including Best Mobile Game at the GDC Best of Show Awards, Casual Connect’s Health & Fitness and Best Social Network Game, and Pocket Gamer People’s Choice and Best Action/Arcade Game awards.
References

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Playtika
Leadership team

Mr. Robert Antokol (Co-Founder, Chairperson of the Board of Directors & CEO)

Mr. Craig J. Abrahams (Pres & CFO)

Mr. Shlomi Aizenberg (Chief Operating Officer)

Products/ Services
Digital Entertainment, Gaming, Mobile Apps, Online Games
Number of Employees
1,000 - 20,000
Headquarters
Herzliya, Tel Aviv, Israel
Established
2010
Company Registration
SEC CIK number: 0001828016
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
PLTK
Social Media