PLAYSTUDIOS develops free-to-play social casino games for mobile and social platforms, best known for myVEGAS Slots and myVEGAS Blackjack. Its myVEGAS franchise pairs popular social game mechanics with gambling-style slot and table games and lets players earn real-world rewards from travel, leisure, and hospitality partners. The company reports more than 18 million downloads and over 1.25 million daily active users since its first product launch in late 2012; players have redeemed over 1 million rewards with a retail value exceeding $25 million. PLAYSTUDIOS’ apps have held top positions in Apple, Google, and Amazon app stores, and the company highlights strong game design and brand partnerships. Management plans to use new financing to underwrite growth and provide greater strategic flexibility as the social casino market expands.

Total raised

$20M

Funding rounds

1

Latest round

Series C

Latest activity

Oct 2014