Playtika acquires casual mobile game maker Wooga for over $100 million (2024)

FAQs

Does Playtika own Wooga? ›

The Wooga acquisition marks a significant step in the execution of Playtika's diversification strategy into a new genre of games. Following the acquisition, half of Playtika's titles will be casual games.

Wooga, who is part of the Playtika family brands after being acquired by them for a sum of $200 million back in 2018, is currently celebrating reaching a milestone of $500 million in lifetime revenue with its hidden object-based game June's Journey.

In 2018, Wooga® was acquired by social games company Playtika®. June's Journey invites players to relax with a story of romance, intrigue, and mystery in a glamorous hidden object game straight from the roaring 20s.

The company was ultimately acquired by Playtika (reportedly for over $100 million) in late 2018, and Begemann notes in an interview with PocketGamer that the stability and success Wooga has seen since that acquisition is part of the reason he's announced plans to exit. "I'm an entrepreneur at heart.

Valuation metrics show that Playtika Holding Corp. may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of PLTK, demonstrate its potential to outperform the market.

Playtika (Playtika Holding Corp.) is an Israel-based digital entertainment company specializing in the development and publication of mobile games. In 2021, Playtika had over 35 million monthly active users.

Status Points are earned by leveling up as you play and enjoy our games, special occasions and on every official coin package you purchase. Bigger coin packages reward you with more Status Points. The Status Points you receive from purchasing coins also increase as you move up in status.

Playtika (NASDAQ:PLTK), 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.

August 2020: A federal judge granted preliminary approval of a settlement agreement that would provide class members with cash awards in an amount that depends on how much they spent on in-app purchases while playing games and the number of class members who file claims.

June's Journey monetizes with in-app purchases and in-app ads.

Who owns telltale now? ›

Originally formed in 2004, the Telltale brand, assets and various IP are now owned by LCG Entertainment, operating and marketing games under the Telltale name. LCG Entertainment is a privately held company, headquartered in Malibu with a satellite studio in Corte Madera, California.

Robert Antokol co-founded Playtika in 2010 and has served as our Chief Executive Officer since our founding and as our Chairperson of the Board since June 2020. Mr.

Now you can see that although this story is ending, there is a WHOLE NEW ADVENTURE waiting for you! The icon is called the Volume Browser, and now you can travel between different journals to play different time periods in June's life.

June's Journey does not require payment to access and play, but it also allows you to purchase virtual items with real money inside the game. You can disable in-app purchases in your device's settings. June's Journey may also contain advertising.

BIGG Digital Assets has 500.36% upside potential, based on the analysts' average price target.

The consensus among Wall Street research analysts is that investors should "hold" LTMAQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LTMAQ, but not buy additional shares or sell existing shares.

There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BIGG shares.

Comparing NetEase to Tencent (OTCPK:TCEHY), the leading company in the Chinese gaming industry, Tencent has a median operating margin and ROIC of 26% and 14.5%, respectively.

Why is mobile gaming so big in China? ›

This growth was mainly credited to the utility of smartphones, which were cheaper than gaming PCs and often provided Chinese citizens with their only form of internet access. Furthermore, mobile games also did not have restrictions placed upon them like other PC titles, which further boosted their popularity.

Yes, there are mobile apps that promise such a thing. How can these apps pay you to play games? In many cases, you're making them money by watching ads and filling out surveys between games. Your earnings will likely be a few cents a day, and payouts are generally made once you earn a minimum amount, like $5.

If you are wondering whether any apps pay users real money, the answer is a resounding yes. Many of the apps listed in this article pay in cash deposited directly into your bank or PayPal account. Others give you a choice of cashing in points for gift cards from top retailers like Amazon or Target.

Are Playtika Rewards Status Points redeemable? No. You cannot redeem or cash out your Playtika Rewards Status Points in any way.

Solitaire Grand Harvest is owned by Playtika | Dr.

The Solitaire Grand Harvest app has reinvented the nostalgic game of Solitaire. “It's not only fun, but can relax and entertain you while it challenges you,” Dr. Phil says. “It's the ultimate game to train your brain!”

Playtika, the Israeli tech company that made its name through a series of wildly successful online gambling and gaming titles with hundreds of millions of players, is leveling the latest swing of the layoffs pendulum. The company today has confirmed that it is laying of 15% of its staff.

If everyone did, the settlement would be worth about 44 cents apiece. The named claimants will get $5,000 each. Any money left over will be donated to two nonprofits.

$1.5 million settlement. Over 1.7 million notices sent.

On August 30, a federal court in Georgia approved a settlement in the years-long class action lawsuit against Global Tel*Link Corporation (“GTL”), one of the two major providers of phone services in prisons and jails.

Can I have 2 accounts on June's journey? ›

You shall not have more than one Account per platform or social network, at any given time, and shall not create an Account using a false identity or information, or on behalf of someone other than yourself.

Also, we cannot have bots in the game as they cannot 'see' images. These scores are achievable with practice!

June's Storyline

June is in her early 30's.

Catch up quick: Following years of internal turmoil around company culture, crunch and bad management, Telltale effectively shut down in 2018. More than 250 employees were laid off without warning, with a skeleton crew kept on to wrap up projects; some of its assets were auctioned off to LCG Entertainment.

Telltale Games was an American video game development studio that primarily published adventure games via an episodic format. Telltale had to shut down because it ran out of money and failed to secure the necessary funding to keep the company afloat.

Two years after the studio announced its return, Telltale is laying out the games headed our way in 2022 and beyond. Telltale Games, the studio behind The Wolf Among Us and several other choice-driven narrative titles, has released an end of the year update announcing some of its plans for 2022 and beyond.

Headquartered in Herzliya, Israel, Playtika has over 3700 employees in offices worldwide including Tel-Aviv, Herzliya, London, Berlin, Vienna, Helsinki, Montreal, Chicago, Los Angeles, Las Vegas, Santa Monica, Sydney, Kiev, Bucharest, Minsk, Dnepr, and Vinnytsia.

Private equity firm Joffre Capital has agreed to acquire a majority stake in gaming company Playtika at $21 a per share from a Chinese investment group, Axios has learned.

To view account info, click on the Playtika Rewards icon located in the lobby of each participating game. The Playtika Rewards tab shows: Current Status, Status Point balance, and the amount of Status Points needed to reach the next Status level.

History. Slotomania was first released in September 2011, one year after Playtika was founded in 2010. Playtika went public in January 2021 and was bought by Caesars Entertainment Corporation in May 2021. Nearly half of all users are from the United States, with the remaining players based in diverse countries.

Is Wsop a Playtika game? ›

HERZLIYA, Israel , April 28, 2022 /PRNewswire/ -- World Series of Poker^®1 (WSOP^®), a Playtika ^® studio and the world's no. 1 play-for-fun poker game², is launching a pioneering new initiative that will see 14 social media influencers compete to be crowned WSOP^® legend.

The Slotomania Casino Gaming Apps Class Action Settlement was granted final approval Feb. 11, 2021. Let Top Class Actions know when you receive a check in the comments section below or on our Facebook page.

The company is profitable with cash totaling $600 million in its coffers. Nor has Playtika revised its forecasts for 2022 downwards recently, so that the layoff do not come from any obvious financial distress.