PlayStudios Offers Real Rewards From Free Games, But Stock Stagnant
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PlayStudios shares are trading around the same level as when they debuted on Nasdaq on June 22. The company was valued at $1.1 billion in February. PlayStudio offers free-to-play games with rewards for players.
PlayAwards loyalty program is a key brand differentiator in the free-to-play mobile gaming space. PlayStudios is trading on Nasdaq.
PlayStudios Offers Real Rewards From Free Games, But Stock Stagnant.
PlayStudios went public on the Nasdaq. The company was founded by six people in 2011 with investments from Activision Blizzard and MGM. It has 440 employees listed on LinkedIn. PlayStudio is going to expand its content portfolio and attract new brand partnerships for its playAWARDS loyalty marketing platform.
PlayAwards makes PlayStudios different from PlayAck. Free-to-play games allow users to buy coins to play longer. Once games assign value to players’ time, they enter areas of the law that are still being decided.
PlayStudios has 4.2 million monthly active users and more than 100 million downloads. PlayStudio's new products have more. than 150,000 daily active players within three weeks.
PlayAwards partners are promoting their brands to the database. PlayStudios estimates gamers have redeemed rewards valued at at $500 million.
PlayStudios offers real rewards from free games. Its users unlock their in-app awards during their first play sessions.
MGM Northfield Park will become PlayAwards’ 18th MGM property.
PlayStudios offers real rewards from free games. MGM Northfield Park is added to the portfolio.
