Playtika Launches IPO To Capitalize on Gaming Trend

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Street Insider

Ty Pennington Partners with Caesars Slots for New Sweepstakes Awarding a $2,500 Caesars Rewards® Gift Card Each Week!

Featuring three new campaign spots, the free-to-play app will be giving away a weekly gift card to be applied at any Caesars Rewards destination. , /PRNewswire/ -- Caesars Slots, a premier social casino app by Playtika, is set to raise the stakes with a new promotion in the United States and Canada. Each week, one lucky player will seize the…

Industry ・ 15 March 2024

Global Village Space

Leading Software Giants: Best Online Casino Providers

The global casino gaming market is estimated to reach US$138.10 billion by 2028, driven by a 7.76% CAGR and the rapid growth of leading online casino software providers like Aristocrat, NetEnt, Bally, Pragmatic Play, and Novomatic. It is fueled by a rapidly expanding user base expected to reach US$243.2 million by 2028, with a 3.0% user penetration…

Industry ・ 10 January 2024

iGaming Business

Playtika to acquire Innplay Labs for up to $300m

The deal states Playtika will pay an initial $80.0m but various clauses mean the final price could be far higher. Further terms of the agreement, including when the deal could close, were not disclosed. However, Playtika did state the proposed acquisition remains subject to certain, customary closing conditions. Founded in 2019, Innplay Labs counts…

Industry ・ 15 September 2023

fagenwasanni.com

Online Gambling Sector Shows Strong Growth in Gaming Industry

The gaming industry has experienced significant growth in online gambling. Research firm Insider Intelligence estimates that the amount of money bet on sporting events in the U.S. will increase by 45% to reach almost $137 billion this year. In addition, the revenue from iGaming, which involves betting on traditional casino games online, has surged…

Industry ・ 09 August 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

Review Journal

Macao regulators release July gaming revenue results

Macao casinos had their best month of 2023, one year after having their worst month of 2022. Macao's Gaming Inspection and Coordination Bureau on Tuesday reported gross gaming revenue of $2.075 billion (U.S), the most won in the special administrative region since January 2020. By comparison, the state of Nevada last week reported gaming win of…

Finance ・ 02 August 2023

Gambling News

Playtika, Ready to Cut 12-15% of Its Headcount During Second Wave of Layoffs

Israeli mobile gaming entertainment and technology company that uses art and science to create entirely customized game experiences Playtika has announced its second wave of employee layoffs. In June, the company announced it would bid goodbye to around six percent of its workforce, or the equivalent of 250 of its employees part of game development…

Industry ・ 12 December 2022

The Nevada Independent

Indy Gaming: Slot companies’ proposed merger briefly fires up investors

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz The investment community was abuzz earlier…

Finance ・ 24 August 2022

The Street

Las Vegas Casinos Should See Bump From Macau Reopening

Macau has been in dire straits for more than the past week. Earlier this month, the Chinese government announced that it would close all casinos in Macau starting July 11 as the region battles a covid-19 outbreak that infected nearly 1500 people over a three week period in the city of 680000. During previous outbreaks, the Chinese government had…

Land-based ・ 21 July 2022

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The Diplomat

Macao, ‘Las Vegas of Asia,’ Tells Casinos to Grow Beyond Gambling

Losing money due to COVID-19, the American casino giants that helped make Macao the "Las Vegas of Asia" face a fresh challenge: The tiny Chinese territory wants them to help reduce its reliance on gambling by paying to build theme parks and other attractions. The former Portuguese colony stayed out of business decisions for decades but now is…

Covid ・ 11 July 2022

Portland Press Herald

With casinos struggling, ‘Las Vegas of Asia’ looks to reduce reliance on gambling

BEIJING - Losing money due to COVID, the American casino giants that helped make Macao the "Las Vegas of Asia" face a fresh challenge: The tiny Chinese territory wants them to help reduce its reliance on gambling by paying to build theme parks and other attractions. The former Portuguese colony stayed out of business decisions for decades and now…

Covid ・ 07 November 2022

Star Advertiser

‘Las Vegas of Asia’ tells casinos to grow beyond gambling

BEIJING >> Losing money due to COVID, the American casino giants that helped make Macao the "Las Vegas of Asia" face a fresh challenge: The tiny Chinese territory wants them to help reduce its reliance on gambling by paying to build theme parks and other attractions. The former Portuguese colony stayed out of business decisions for decades and now…

Covid ・ 11 July 2022

CT Insider

'Las Vegas of Asia' tells casinos to grow beyond gambling

BEIJING (AP) - Losing money due to COVID, the American casino giants that helped make Macao the "Las Vegas of Asia" face a fresh challenge: The tiny Chinese territory wants them to help reduce its reliance on gambling by paying to build theme parks and other attractions. The former Portuguese colony stayed out of business decisions for decades and…

Covid ・ 11 July 2022

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The Nevada Independent

Indy Gaming: ‘Economic challenges’ keeping five Clark County casinos closed into 2023

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Five Southern Nevada casinos that never…

Lottery ・ 08 June 2022

Forbes

Nevada Hits All-Time Record Of $13.4 Billion In Gambling Revenue In 2021

D espite Covid, Nevada's casinos had an historically healthy year in 2021-the state reported a record $13.4 billion in gambling revenue. The total gaming jackpot last year also beat pre-pandemic numbers in 2019 by 11.6%, according to the Nevada Gaming Control Board. The last all-time high was in 2007 when the state reported $12.8 billion in gaming…

Finance ・ 27 January 2022

INN

Two of Playtika's leading mobile games featured on 'Dr. Phil' to promote relaxation and fun

Playtika a leading global gaming company behind 9 of the highest grossing mobile games in the US*, has teamed up with one of the most watched daytime shows in the US**, 'Dr. Phil,' for an exclusive feature collaboration throughout 2022, continuing the show's coverage of the two games from 2021. The show brings to life Playtika's belief in…

Mobile ・ 10 December 2021

Haaretz

Online casinos made Playtika rich

The gaming company Playtika announced the purchase of Reworks for $400 million Tuesday night. Reworks runs a successful app called Redecor that combines interior design with an element of gaming. The app is ranked second in the world in its field in terms of revenues. This is Playtika' s eight acquisition, and the largest in its history. It's also…

Finance ・ 05 September 2021

Entrepreneur

Las Vegas Sands vs. Boyd Gaming: Which Casino Stock is a Better Buy?

Following the jarring impact of the COVID-19 pandemic last year, the casino industry is finally showing signs of recovery thanks to the continued evol... Stay informed and join our daily newsletter now! 6 min read Following the jarring impact of the COVID-19 pandemic last year, the casino industry is finally showing signs of recovery thanks to the…

Finance ・ 05 August 2021

Entrepreneur

2 Casino Stocks with More Than 50% Potential Upside, According to Wall Street

Easing social distancing restrictions, facilitated by solid progress on the vaccination front, and pent-up demand for travel, have driven a significan... Stay informed and join our daily newsletter now! 6 min read Easing social distancing restrictions, facilitated by solid progress on the vaccination front, and pent-up demand for travel, have…

Finance ・ 28 July 2021

The Nevada Independent

Las Vegas-based PlayStudios deal with Murren-led company follows slot machine industry growth pattern

Arriving late to the party oftentimes has benefits. Just ask Jim Murren. PlayStudios CEO Andrew Pascal was well into the process last fall of taking the Las Vegas-based social gaming provider public through a merger with a special purpose acquisition company (SPAC). PlayStudios' financial advisors, J.P. Morgan and LionTree Advisors, had identified…

Industry ・ 07 May 2021

The Wall Street Journal

Playtika’s Shares Jump in Market Debut as IPOs Remain Hot

Shares of mobile game company Playtika Holding Corp. rose 17% in their market debut, fueled by growth in the videogame industry and soaring demand for new share offerings. The Israel-based company's stock closed at $31.62 a share, according to FactSet, above the company's initial public offering price of $27 a share. Shares had opened Friday at…

Poker ・ 19 January 2021