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PLTK to boost its product portfolio and market position with the acquisition of the Dice Dreams and Domino Dreams games' famed SuperPlay in Tel Aviv, Israel.
Playtika has agreed to acquire SuperPlay, a mobile gaming company in Israel for a price ranging from $700 million to $1.25 billion.
Mobile games developer Playtika said on Wednesday it would acquire peer SuperPlay in a deal that could go up to $1.95 billion, which would bring popular games such as Bingo Blitz and Dice Dreams under the same umbrella.
HERZLIYA, Israel, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Playtika Holding Corp. (NASDAQ: PLTK), a mobile games pioneer and interactive entertainment leader, today announced it has entered into a definitive agreement to acquire SuperPlay, a mobile gaming company based in Tel Aviv, Israel, for $700 million, and additional contingent consideration of up to $1.25 billion, subject to achieving certain financial targets over three years. The transaction is expected to add an experienced team to Playtika with a track record of launching new, successful games, and is expected to be a meaningful growth driver for Playtika once consummated.
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The WSOP tournament might have come to an end but the fun didn't stop as the renowned actor brought the thrill of the game to tournament-goers. HERZLIYA, Israel , Aug. 15, 2024 /PRNewswire/ -- Playtika's World Series of Poker (WSOP) free-to-play app scored a royal flush with its event for VIP players featuring award-winning actor and poker aficionado Jason Alexander in Las Vegas.
Although the revenue and EPS for Playtika (PLTK) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Playtika Holding (PLTK) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.21 per share a year ago.
Revenue of $627.0 million and Direct-to-Consumer (“DTC”) Revenue of $173.7 million DTC Platforms Revenue Increased 1.3% Sequentially and 5.1% Year Over Year GAAP Net Income of $86.6 million and Credit Adj. EBITDA of $191.0 million