PlayStudios to go public with $1.1bn valuation
PlayStudios to go public with $1.1bn valuation 2nd February 2021 | By Robin Harrison Free-to-play mobile gaming business PlayStudios is to merge with special purpose acquisition company Acies Acquisition Corporation to list on the Nasdaq Stock Exchange. Founded in 2011, PlayStudios secured strategic investments from MGM Resorts International and console gaming giant Activision Blizzard in its early stages. It leveraged the partnership with MGM Resorts in particular, to offer real-world rewards at the casino giant’s properties through its proprietary PlayAwards loyalty program titles incl...
Source: igamingbusiness.com