The world’s largest social casino operator, Playtika, has filed for a U.S. IPO, for late this year or early 2021. The goal reportedly will be to raise about $1 billion in capital.
The company generated $461.2 million during the third quarter and dominated the industry with a 26.2 percent market share. Profits were 16.5 percent above last year’s for the same quarter.
Adam Krejcik of Eilers & Krejcik Gaming forecasts the market will grow nearly 8 percent annually to reach $7.6 billion in three years.
