PLAYSTUDIOS, Inc.

PLAYSTUDIOS, Inc. is a developer of free-to-play casual games for mobile and social platforms. The company focuses on creating immersive and engaging experiences, combining high-quality games with its playAWARDS loyalty platform. This platform allows players to earn real-world rewards from a global collection of hospitality, entertainment, and leisure brands. PLAYSTUDIOS' game portfolio includes social casino, card games, and puzzle games. The company primarily generates revenue through the sale of in-game virtual currency and the monetization of player engagement. Historically, a majority of revenues have come from voluntary in-game purchases of virtual currency. Additionally, PLAYSTUDIOS utilizes in-game advertising to further monetize player engagement and enhance revenue streams. The company has established a strong presence in both domestic and international markets, with its games downloaded millions of times. PLAYSTUDIOS changed its name from Acies on June 21, 2021, following the Acies Merger with Old PLAYSTUDIOS.