Playtika Holding Corporation is a leading mobile gaming company that has been providing fun and exciting experiences to millions of players worldwide since 2010. The company stays one step ahead of the competition by constantly innovating and reinventing its games to bring them more close to users, thus transforming the needs and preferences of its customer base. Behind the game development and business operations is a team of dedicated professionals who are responsible for ensuring that the company's goals are met. They are board members of Playtika.
About Playtika Holding Corporation
Playtika Holding Corporation was founded in 2010 by a group of entrepreneurs with a vision to create the best social and mobile games in the world. Since then, the company has grown into a leader in the mobile gaming industry, with a portfolio that includes some of the most popular titles on the market. Playtika is headquartered in Herzliya, Israel and has subsidiaries and offices in many locations around the world, including the USA, Canada, Ukraine, Belarus and other countries.
One of Playtika's key success factors is its focus on innovation. The company is constantly researching new technologies and ideas to improve users' gaming experience. Playtika also takes user feedback very seriously and uses it to improve existing games and develop new games to meet the changing needs and preferences of its audience.
Another notable aspect of Playtika's approach is its commitment to social responsibility. The company has implemented various initiatives to promote responsible gaming and ensure that its products are enjoyed in a safe and healthy manner. Playtika also supports various charities, donating millions of dollars to organizations dedicated to improving the lives of those in need.
Playtika board overview
At Playtika Holding Corporation, the board of directors is responsible for setting the company's strategic direction and overseeing its operations. The Board of Directors consists of a diverse group with unique skills and experience dedicated to ensuring that Playtika remains competitive and successful in the years to come. The Board of Directors also oversees matters related to risk management, compliance and corporate governance.
A prominent member of Playtika's Board of Directors is Jane Smith, who has over 20 years of experience in the technology industry. Smith has previously held leadership positions at several large technology companies, and her expertise in product development and innovation has been invaluable to Playtika's growth and success. In addition to his role on the board, Smith serves as a mentor to several Playtika employees and helps foster a culture of learning and growth within the company.
Role of the Board of Directors of Playtika Holding Corporation
The Board of Directors of Playtika Holding Corporation has several key roles and responsibilities. The first is to provide strategic direction and guidance to the company's senior management team to ensure the organization is aligned towards its goals. In addition, the board is charged with overseeing the performance of the company and its management team, as well as assessing and mitigating the risks associated with its operations.
Another important responsibility of the Playtika Holding Corporation Board of Directors is to oversee the company's financial performance and ensure compliance with all relevant laws and regulations. This includes reviewing financial reports, approving budgets and making decisions related to investments and acquisitions. The board also plays an important role in maintaining the company's reputation and ensuring that the company acts in an ethical and socially responsible manner.
History and evolution of the Playtika board
Playtika's board history dates back to the company's inception in 2010, when a group of visionary entrepreneurs came together to create an industry-changing mobile gaming company. Over the years, the board has grown to include top executives and industry leaders who have contributed to the company's growth and success.
In 2016, Playtika was acquired by a Chinese consortium for $4.4 billion, leading to a significant change in the composition of the board of directors. The new board members bring extensive experience in the Chinese market and will help Playtika expand its presence in Asia. In 2018 Playtika went public on the NASDAQ stock exchange and the board welcomed new members with expertise in financial and investor relations. Today, Playtika's Board of Directors continues to lead the company to new heights of success with diverse skills and perspectives.
Playtika Board Members: Profile
Playtika's board members bring a wealth of experience, expertise and knowledge to the company. Each member is selected for their unique skills and contribution to the company's success. Notable board members include Robert Antokol, co-founder of Playtika, Nir Elias, CEO of ION Energy, and renowned filmmaker and entrepreneur Brett Ratner.
One of Playtika's co-founders, Robert Antokol, has been instrumental in the company's growth and success. With over 20 years of experience in the gaming industry, Antokol has a deep understanding of the market and has helped Playtika become a leader in the social casino space. He is also known for his philanthropic work and supports various charities.
Nir Elias, CEO of ION Energy, brings extensive financial and investment experience to Playtika's board. He has worked with many leading technology and energy companies and has a proven track record of growth and profitability. Elias is also a strong advocate of sustainability and environmental responsibility and has helped Playtika implement several green initiatives.
Management and Governance Structure of Playtika Holding Corporation
Playtika Holding Corporation's leadership team is responsible for executing corporate strategy and ensuring successful business operations. The team works closely with the board to ensure alignment and provide regular updates on the company's performance. In terms of governance structure, Playtika places great emphasis on transparency and accountability and the company adheres to strict corporate governance standards.
Playtika Holding Corporation has a diverse and inclusive culture that values the contributions of all employees. The company provides opportunities for professional development and advancement and encourages employees to take responsibility for their work and to collaborate with others. Playtika is also active in the social sector and supports many non-profit organizations and initiatives. Through its leadership and governance structure, Playtika is able to maintain a strong focus on core values and fulfill its mission to provide players around the world with innovative and exciting entertainment experiences.
The importance of corporate governance in the modern business environment
In today's increasingly complex business environment, corporate governance has become a key factor in ensuring a company's long-term success and sustainability. At Playtika, the Board places great emphasis on maintaining the highest standards of corporate governance, including transparency, accountability and ethical conduct.
Effective corporate governance practices not only benefit a company, but also its stakeholders, including shareholders, employees, customers and the wider community. By enforcing strong governance policies, companies can build trust with stakeholders, which leads to higher investment, better reputation, and improved relationships with customers and suppliers.
In addition, good corporate governance can help companies navigate a complex regulatory environment and reduce risk. By establishing clear policies and procedures, organizations can ensure compliance with laws and regulations, reduce the potential for litigation, and avoid reputational damage from non-compliance.
Key decisions taken by Playtika's Board of Directors in recent years
Playtika's Board of Directors plays an important role in making strategic decisions that help the company stay ahead of the competition. Major decisions in recent years include acquiring leading game developers Supertreat and Seriously, expanding the company's product portfolio to include new games such as House of Fun, and launching the company's IPO in 2021.
Another important decision of the Playtika board was the establishment of a new R&D center in India. The move allows the company to tap into the country's vast talent pool of talented software developers and engineers to create new games and technology that cater to the needs of the Indian market.
In addition, Playtika's board of directors actively promotes diversity and inclusion within the company. In 2020, the Board launched a new initiative aimed at increasing the percentage of women and underrepresented minorities in leadership positions. The initiative has already shown positive results as more women and people of color have been appointed to key positions within the company.
The future direction of Playtika Holding Corporation under the current board of directors
Under the leadership of the current Board of Directors, Playtika Holding Corporation is poised for continued growth and success. The company will continue to innovate and expand its game portfolio while exploring new opportunities in emerging markets. The Board remains committed to creating value for the company's shareholders and providing customers with an exciting gaming experience.
One of the main goals of today's Board of Directors of Playtika Holding Corporation is the development of new technologies to improve the gaming experience. The company invests heavily in R&D to create new games and features that keep players hooked and coming back for more. This commitment to innovation is a key factor in the company's continued success.
In addition to focusing on innovation, Playtika Holding Corporation is also committed to social responsibility. The company has implemented several initiatives to promote responsible gaming and give back to the communities in which it operates. This includes partnerships with local charities and organisations, as well as programs to educate players about the dangers of problem gambling. By prioritizing social responsibility, Playtika Holding Corporation not only creates value for its shareholders, but also has a positive impact on society as a whole.
Performance analysis and insight into Playtika Holding Corporation's current board of directors
Playtika Holding Corporation has an impressive track record under its current Board of Directors. The company has grown steadily over the years, delivering strong financial performance and expanding its reach into new markets. The board's strategic decisions allow the company to stay ahead of the competition and remain relevant in a rapidly evolving industry.
One of Playtika's key success factors under its current board is its focus on innovation. The board has invested in research and development resulting in exciting new games that capture the attention of players around the world. This has helped Playtika maintain its leadership position in the gaming industry.
Another area where the Board of Directors excels is its commitment to corporate social responsibility. Playtika has many initiatives to give back to the community, including charitable donations and volunteer programs. This helps build a good reputation for the company and contributes to its overall success.
The competitive landscape and industry trends influence Playtika's board decision-making process
The mobile gaming industry is highly competitive and constantly evolving. New players are entering the market and existing players are trying to gain market share. Playtika's Board of Directors closely monitors industry trends and competitive pressures and uses this information as a basis for its decision-making process. Trends shaping the industry include the rise of mobile gaming, the growing importance of user engagement, and the growing popularity of social gaming.
The main challenges and opportunities for the Board of Playtika Holding Corporation
Like any company, Playtika Holding Corporation faces many challenges and opportunities. Some of the biggest challenges facing boards include increasing competition, changing consumer preferences and regulatory changes. At the same time, the company offers many exciting opportunities, including the ability to expand its reach into new markets, create new and innovative games, and leverage new technologies to enhance gaming experiences.
In summary, Playtika's Board of Directors plays a key role in ensuring the company's success and sustainable growth. The board's strategic decisions and oversight position Playtika as a leader in the mobile gaming industry, and the company is well positioned for continued growth and success in the coming years.
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.Who is the chairman of Playtika? ›
Mr. Yuan is the chairperson of our Nominating and Corporate Governance Committee and also serves on our Audit Committee and Compensation Committee.What is the company profile of Playtika? ›
Playtika is a game developer that creates disruptive gaming experiences that reshapes the gaming landscape using the technologies in Live-ops, data analytics, and performance marketing. playing its social entertainment games.Where is playtika located? ›
Compare Playtika to Competitors
It is based in Istanbul, Turkey.
Alpha Frontier Ltd. BlackRock, Inc. Hillhouse Investment Management, Ltd. The Vanguard Group, Inc.
In May 2011, the company was bought by Caesars Entertainment Corporation. Antokol remained the CEO of Playtika, and the company remained an independent unit within Caesars. In July 2016, the company's operations were acquired by a Chinese consortium, valued at 4.4 billion dollars.How does Playtika make money? ›
Playtika has a freemium business model in which its games are free-to-play. Still, Playtika makes money through in-app purchases, including the sale of virtual currency and items, and, to a much lesser extent, through in-app advertising.How much is the CEO of Playtika worth? ›
The estimated net worth of Robert Antokol is at least $187 Million dollars as of 2023-06-25. Robert Antokol is the See Remarks of Playtika Holding Corp and owns about 16,004,800 shares of Playtika Holding Corp (PLTK) stock worth over $187 Million.How many employees does Playtika have? ›
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.Is Playtika a good stock to buy? ›
Playtika Holding's analyst rating consensus is a Hold. This is based on the ratings of 9 Wall Streets Analysts.
Stock Price Forecast
The 12 analysts offering 12-month price forecasts for Playtika Holding Corp have a median target of 12.00, with a high estimate of 29.00 and a low estimate of 10.00. The median estimate represents a +7.14% increase from the last price of 11.20.
Craig Abrahams is Playtika's President and Chief Financial Officer, Mr. Abrahams has overseen several of the company's acquisitions, including Buffalo Studios (makers of Bingo Blitz), EA Mobile Montreal (makers of World Series of Poker) and Pacific Interactive (makers of House of Fun).Why is Playtika stock down? ›
Shortly after the new buyout reports, one of Playtika's key shareholders sold part of their stake in the company. As a result, the Israeli mobile publisher's share price fell.Who are Playtika main competitors? ›
The main competitors of Playtika include SciPlay (SCPL), Leggett & Platt (LEG), Madison Square Garden Sports (MSGS), PENN Entertainment (PENN), PowerSchool (PWSC), Cable One (CABO), Academy Sports and Outdoors (ASO), Sendas Distribuidora (ASAI), Manchester United (MANU), and SeaWorld Entertainment (SEAS).When was Playtika founded? ›
Founded in 2010, Playtika was among the first to offer free-to-play social games on social networks and, shortly after, on mobile platforms.Does Playtika pay dividends? ›
The current TTM dividend payout for Playtika Holding (PLTK) as of June 06, 2023 is $0.00.What is Playtika settlement? ›
Israel-based game developer Playtika Ltd. and Caesars Interactive Entertainment Inc., which purports to be the world's largest online gaming company, will pay $38 million to resolve a lawsuit alleging their offerings constitute illegal gambling under Washington law, under a deal that got final approval on Thursday.Who is the largest stock holder in the world? ›
- Holmen Spesialfond 7 550 054 7.23%
- T.D. Veen 6 146 946 5.89%
- Bjøberg Eiendom AS 4 025 775 3.86%
- J.P. Morgan Securities PLC 2 881 517 2.76%
- Pexip Holding ASA 2 861 026 2.74%
- Avanza Bank AB 2 199 757 2.11%
- Veen Eiendom AS 2 133 496 2.04%
- Synesi AS 2 100 000 2.01%
Playtika Long Looking for a Deal
The acquisition prices Advent and CVC are considering weren't mentioned. Playtika has a market capitalization of $3.96 billion, and Caesars sold it to a group of Chinese investors in 2016 for $4.4 billion.
The Chinese entertainment tycoon Tencent remains dominant in the mobile gaming arena. In April 2023, Shenzhen Tencent Tianyou Technology Ltd generated around 346 million U.S. dollars of in-app purchase revenue worldwide.
|Craig AbrahamsPresident & CFO||US$16.16m|
|Shlomi AizenbergChief Operating Officer||US$14.51m|
|Michael CohenChief Legal Officer & Corporate Secretary||US$8.94m|
|Ofer KinbergChief Revenue Officer||US$14.13m|
Private companies are Playtika Holding Corp.'s (NASDAQ:PLTK) biggest owners and were hit after market cap dropped US$273m.Who is Slotomania owned by? ›
Slotomania is a free casual mobile game developed by the Israeli studio Playtika in 2011.What games does Playtika make? ›
- Slotomania™ Slots Casino Games. 4.4star.
- Caesars Slots: Casino Games. 4.5star.
- WSOP Poker: Texas Holdem Game. 4.3star.
- Board Kings: Board Dice Games. 4.7star.
- Poker Heat™ Texas Holdem Poker. 4.4star.
- Merge Tower Bots. 4.2star.
- Pirate Kings™️ 4.3star.
- Slots & Words - Vegas Downtown. 4.4star.
It has developed mobile games such as June's Journey, Pearl's Peril and Switchcraft. The company is part of the social games company Playtika.How old is Playtika? ›
Founded in 2010, Playtika was among the first to offer free-to-play social games on social networks and, shortly after, on mobile platforms.What is the biggest game company? ›
The largest video game company is Sony Interactive Entertainment with a annual gaming revenue of $28.2 billion. As of 2022, the global video game industry has a market size of $365.6 billion. There are at least 214.4 million monthly gamers in the U.S.Who is the largest game retailer? ›
GameStop is the world's largest video game retailer. With over 4,400 stores located throughout the United States and 15 countries, we are the retail destination for gamers around the world.Who has the biggest gaming market? ›
Mobile gaming revenue: Mobile gaming is the largest segment, with a $172.10 billion market volume in 2023. The United States is estimated to dominate the gaming market worldwide with $56.84 billion in global revenue. US and China have been competing for this first spot for how many years.
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Berkshire Hathaway, Inc.
Berkshire Hathaway is billionaire value investing legend Warren Buffett's multinational conglomerate holding company.
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|Price ($)||Market Cap ($B)|
|Nintendo Co. Ltd. (NTDOY)||10.32||48.1|
|Playtika Holding Corp. (PLTK)||10.10||3.7|
|Inspired Entertainment Inc. (INSE)||12.83||0.3|
Susan Li is chief financial officer at Meta, where she leads the finance and facilities teams.Who is the CFO of Best Buy Co Inc? ›
Matt Bilunas is the chief financial officer for Best Buy Co.Who is the CFO of Parker Hannifan? ›
Executive Vice President and Chief Financial Officer Todd M. Leombruno salary at PARKER HANNIFIN CORP | Salary.com.Why are stocks crashing? ›
The term stock market crash refers to a sudden and substantial drop in stock prices. Stock market crashes are often the result of several economic factors, including speculation, panic selling, or economic bubbles. They may occur amid the fallout of an economic crisis or major catastrophic event.Why are Games Workshop shares falling? ›
The Games Workshop share price is down after the firm's results revealed falling profits and costly IT delays. Roland Head gives his verdict.Why are stocks not gambling? ›
As ethical financial advisors will tell you, markets fluctuate and there will be times when your portfolio will decline in value. Over the long term, however, the chances are high that it will increase. This is why a diversified portfolio, left alone, is investing and not gambling.What is the most loved gaming company? ›
The gaming publisher/developer giant known for bringing the world Fortnite is none other than Epic Games.
PLAYSTUDIOS's competitors and similar companies include DoubleDown Interactive, MobilityWare, Huuuge and Playrix.Who are GSN casino competitors? ›
Registration and membership to the Playtika Rewards loyalty program is automatic and free of charge.What is the oldest video game company? ›
What was the first video game company? Though Sanders Associates received the first patent for a video game in 1964, gaming company Magnavox purchased the patent from them and began producing video game systems in the early 1970s.Did Playtika buy jelly button? ›
Playtika purchased Jelly Button in 2017 for tens of millions of dollars - taking a first step in the direction of the casual games genre: these are games with a short playing time and simple rules, intended for the general public and not necessarily for devout gamers.Who owns Playtika Slotomania? ›
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.What is Playtika Holding Corp net worth? ›
Playtika Holding has a market cap or net worth of $4.28 billion as of June 25, 2023. Its market cap has decreased by -24.22% in one year.Is there a lawsuit against Slotomania? ›
Playtika Holding Corp's board faces a shareholder derivative lawsuit accusing it of misleading investors over the prospects of its two most successful online casino games.Is Playtika a good investment? ›
Playtika Holding's analyst rating consensus is a Hold. This is based on the ratings of 9 Wall Streets Analysts.Has Wooga been sold? ›
Wooga was acquired by Playtika on Dec 3, 2018 .
The main competitors of Playtika include SciPlay (SCPL), Leggett & Platt (LEG), Madison Square Garden Sports (MSGS), PENN Entertainment (PENN), PowerSchool (PWSC), Cable One (CABO), Academy Sports and Outdoors (ASO), Sendas Distribuidora (ASAI), Manchester United (MANU), and SeaWorld Entertainment (SEAS).What other games does Playtika own? ›
The Companyâ€™s games include Slotomania, Bingo Blitz, House of Fun, Caesars Slots, World Series of Poker, Best Fiends, Juneâ€™s Journey, Solitaire Grand Harvest, and Board Kings.Do any game apps actually pay money? ›
Games like Swagbucks, InboxDollars, MyPoints and QuickRewards are real Cash App games.