# PLAYSTUDIOS

> PLAYSTUDIOS develops and publishes free-to-play mobile and social games, including myVEGAS, POP! Slots, Tetris and Brainium puzzle games. Its playAWARDS platform connects participating games to real-world hospitality and entertainment rewards through the consumer-facing myVIP program. It earns money mainly from virtual-currency purchases and advertising.

- **Founded:** 2011
- **Headquarters:** Las Vegas, United States
- **Founders:** Andrew Pascal (Co-founder, Chairman and CEO), Paul Mathews (Co-founder and Executive Vice President), Katie Bolich (Co-founder; Head of Player Experience), Nicholas Koenig (Co-founder), Chad Hansing (Co-founder), Monty Kerr (Co-founder)
- **Products:** myVEGAS Slots, myVEGAS Blackjack, myKONAMI Slots, POP! Slots, myVEGAS Bingo
- **Notable:** myVEGAS launched on Facebook in August 2012 and expanded to mobile in November 2013., Completed the Acies business combination in June 2021; MYPS shares began Nasdaq trading June 22., Acquired Brainium in October 2022 for USD 70 million upfront, subject to closing adjustments and contingent consideration.

## Products & services

- **myVEGAS Slots** — Social casino slots on mobile and web, with virtual currency, events and loyalty rewards; original Facebook myVEGAS launched in 2012 and mobile Slots in 2013.
- **myVEGAS Blackjack** — Free-to-play social blackjack with shared loyalty points across participating games.
- **myKONAMI Slots** — Social slots featuring licensed KONAMI game content.
- **POP! Slots** — Social, multiplayer casino-style game developed with the studio acquired as Scene53.
- **myVEGAS Bingo** — Bingo title built around the myVEGAS Las Vegas setting.
- **Tetris mobile** — Licensed mobile Tetris with Marathon and Adventure modes and myVIP rewards; rights acquired in 2021.
- **Brainium games** — Acquired casual portfolio including Solitaire, Spider Solitaire, Sudoku and Mahjong; acquisition year shown.
- **playAWARDS / myVIP** — B2B loyalty tools and partner services connecting games with real-world rewards; myVIP is the player-facing rewards program.
- **Tetris Block Party** — Casual puzzle title launched in December 2025; management reassessed investment in August 2026.
- **playSWEEPS / The Win Zone** — Promotional sweepstakes initiative; management said it was live in permissible jurisdictions by late 2025 and reassessed investment in August 2026.

## Achievements

- myVEGAS launched on Facebook in August 2012 and expanded to mobile in November 2013.
- Completed the Acies business combination in June 2021; MYPS shares began Nasdaq trading June 22.
- Acquired Brainium in October 2022 for USD 70 million upfront, subject to closing adjustments and contingent consideration.
- Reported approximately 900,000 real-world reward purchases with USD 59 million retail value in 2025; purchase means exchanging loyalty points, not necessarily completing redemption.
- Reported USD 27.6 million direct-to-consumer revenue in 2025, up 78.7% year over year.

## Latest updates

- **2026-03** — Reported FY2025 revenue of USD 235.1 million and net loss of USD 28.6 million. Announced further restructuring targeting USD 33-39 million of annualized savings.
- **2026-08** — Reported Q2 revenue of USD 55.0 million and net loss of USD 13.3 million; management reassessed investment in Tetris Block Party and playSWEEPS.
- **2026-09** — Announced a 1-for-10 reverse stock split effective September 30, 2026, aimed at supporting compliance with Nasdaq’s minimum bid requirement; expected split-adjusted trading October 1. Also disclosed roughly USD 3 million of Q3 repurchases through September 24.

## Links

- Website: https://www.playstudios.com/
- LinkedIn: https://www.linkedin.com/company/playstudios/
- Twitter/X: https://www.twitter.com/playstudios/
- Instagram: https://www.instagram.com/playstudios/
- Facebook: https://www.facebook.com/playstudios/

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Profile page: https://yespress.io/playstudios
Published by YesPress — https://yespress.io
Last updated: 2026-10-17