Playtika Holding Corp. Completes Strategic Acquisition of SuperPlay, Enhancing Portfolio with Hit Mobile Games Dice Dreams and Domino Dreams
November 20 2024 - 7:00AM
Playtika Holding Corp. (NASDAQ: PLTK), a mobile games pioneer and
interactive entertainment leader, has completed the acquisition of
SuperPlay, a mobile gaming company based in Tel Aviv, Israel and
home to hit mobile games Dice Dreams and Domino Dreams.
The acquisition of SuperPlay significantly strengthens and
expands Playtika’s portfolio by incorporating Dice Dreams, the
third largest game in the highly attractive and fast-growing Coin
Looter category and Domino Dreams, the number one game in the
popular Board category, as well as two additional games under
development. These games are expected to be a meaningful growth
driver for the company. The acquisition not only strengthens
Playtika’s position as a global leader in mobile gaming but also
adds a talented development team known for delivering successful
games. Together, Playtika and SuperPlay are well-positioned to
deliver exceptional gaming experiences to players worldwide.
“Acquiring SuperPlay is a strategic decision that underscores
Playtika’s mobile gaming industry leadership,” said Craig Abrahams,
Chief Financial Officer of Playtika. “SuperPlay diversifies our
portfolio with proven titles, strengthens our competitive edge in
an ever-evolving market and drives value for our shareholders.”
About Playtika Holding Corp.
Playtika (NASDAQ: PLTK) is a mobile gaming entertainment
and technology market leader with a portfolio of multiple game
titles. Founded in 2010, Playtika was among the first to
offer free-to-play social games on social networks and, shortly
after, on mobile platforms. Headquartered
in Herzliya, Israel, and guided by a mission to entertain
the world through infinite ways to play, Playtika has
employees across offices worldwide.
About SUPERPLAY, LTD.Founded in 2019 by
industry veterans Gilad Almog, Eyal Netzer and Elad Drory,
SuperPlay is one of the fastest growing mobile gaming companies in
the world. Headquartered in Israel with additional offices in
Ukraine and Romania, they are known for their class-leading
production value, marketing, and analytics expertise. Since its
founding, SuperPlay has launched two back-to-back hit games: Dice
Dreams and Domino Dreams, building a brand that players around the
world love, and disrupting two genres with innovative
gameplay. SuperPlay was acquired by Playtika Holding Corp.
(NASDAQ: PLTK) in 2024.
Forward Looking InformationThis press release
contains “forward-looking statements” within the meaning of the
U.S. Private Securities Litigation Reform Act of 1995 and Section
21E of the Exchange Act. All statements other than statements of
historical facts contained in this press release, including
statements regarding the anticipated benefits of the transaction
are forward-looking statements. Further, statements that include
words such as “anticipate,” “believe,” “continue,” “could,”
“estimate,” “expect,” “future,” “intend,” “intent,” “may,” “might,”
“potential,” “present,” “preserve,” “project,” “pursue,” “should,”
“will,” or “would,” or the negative of these words or other words
or expressions of similar meaning may identify forward-looking
statements.We have based these forward-looking statements largely
on our current expectations and projections about future events and
trends that we believe may affect our financial condition, results
of operations, business strategy, short-term and long-term business
operations and objectives, and financial needs. The achievement or
success of the matters covered by such forward-looking statements
involves significant risks, uncertainties and assumptions,
including, but not limited to, the risks and uncertainties
discussed in our filings with the Securities and Exchange
Commission. Moreover, we operate in a very competitive and rapidly
changing environment and industry. As a result, it is not possible
for our management to assess the impact of all factors on our
business or the extent to which any factor, or combination of
factors, may cause actual results to differ materially from those
contained in any forward-looking statements we may make. In light
of these risks, uncertainties and assumptions, the forward-looking
statements discussed in this press release may not occur and actual
results could differ materially and adversely from those
anticipated, predicted or implied in the forward-looking
statements. Playtika does not undertake any obligation to update
any forward-looking statements to reflect subsequent events or
circumstances, except as required by law.Important factors that
could cause actual results to differ materially from estimates or
projections contained in the forward-looking statements include
without limitation:
- actions of our majority shareholder or other third parties that
influence us;
- our reliance on third-party platforms, such as the iOS App
Store, Facebook, and Google Play Store, to distribute our games and
collect revenues, and the risk that such platforms may adversely
change their policies;
- our reliance on a limited number of games to generate the
majority of our revenue;
- our reliance on a small percentage of total users to generate a
majority of our revenue;
- our free-to-play business model, and the value of virtual items
sold in our games or in the SuperPlay portfolio, is highly
dependent on how we manage the game revenues and pricing
models;
- our inability to integrate the SuperPlay portfolio into our
operations successfully or realize the anticipated benefits of the
acquisition;
- our inability to refinance our revolving credit facility which
is set to expire in March 2026 or otherwise obtain additional
financing, in each case, on favorable terms or at all;
- the ability of the SuperPlay portfolio to compete in a highly
competitive industry with low barriers to entry;
- our ability to retain existing players, attract new players and
increase the monetization of our player base;
- we have significant indebtedness and are subject to the
obligations and restrictive covenants under our debt
instruments;
- the impact of the COVID-19 pandemic or other health epidemics
on our business and the economy as a whole;
- our controlled company status;
- legal or regulatory restrictions or proceedings could adversely
impact our business, including the SuperPlay portfolio, and limit
the growth of our operations;
- risks related to our international operations and ownership,
including our significant operations in Israel and Ukraine and the
fact that our controlling stockholder is a Chinese-owned
company;
- geopolitical events such as the Wars in Israel and
Ukraine;
- our reliance on key personnel, including our ability to retain
the key personnel of SuperPlay;
- security breaches or other disruptions could compromise our
information or our players’ information and expose us to liability;
and
- our inability to protect our intellectual property and
proprietary information could adversely impact our business.
Investor RelationsTae
LeeTael@playtika.com
Press ContactKathryn Fast
press@playtika.com
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