Industry News
Playtika Prices $1.88B IPO Above Target Range

Mobile gaming company Playtika Holding Corp sold shares in its U.S. initial public offering above its target range at $27 each.
Playtika had set a target price of between $22 and $24 apiece. The Israel-based company, which is owned by a Chinese investor group, had planned to sell 21.7 million shares with a further 47.8 million sold by existing investors, making the total offering worth around $1.88 billion at $27 per share. The IPO, the biggest U.S. listing in 2021 so far, values Playtika at $11.1 billion.
In 2016, a group of Chinese investors including Giant Network Group Co Ltd and Yunfeng Capital, a private equity firm founded by Alibaba Group’s Jack Ma, acquired Playtika from Caesars Interactive for $4.4 billion.
-
Asia7 days ago
Parimatch Hosts Rooftop Meet & Greet with Sunil Narine
-
Asia5 days ago
Jetapult-backed UMX Studios launches DriftX, a mobile car racing game
-
Latest News6 days ago
John Wright and Darrell Helyar Appointed to Board of Trustees of BetBlocker
-
Industry News7 days ago
ZEAL Network CEO Helmut Becker Will Not Extend His Contract Beyond January 2026
-
Asia6 days ago
FOMO7 Expands Platform with 46 New Indian Lottery Games
-
Latest News6 days ago
Salsa Technology brings FORMULA-BET to BiS SiGMA Americas and reinforces its Brazilian essence
-
Latest News7 days ago
Danes’ Spending on Gambling Increased in February
-
Cryptocurrency5 days ago
Slotland Entertainment Rolls out Dazzling New Slot, 8 Crystals, Across Multiple Brands with new Cryptocurrency Integration