Playtika (PLTK) Morgan Stanley Technology, Media & Telecom Conference summary

Strategic overview and portfolio evolution

• Focus on acquiring established franchises and leveraging expertise in monetization and retention.

• Recent acquisitions include Innplay Labs, Youdagames (2023), and SuperPlay (2024), the largest in company history.

• Portfolio includes nine of the top 100 App Store franchises, with most top titles acquired via M&A.

• Dividend yield is nearly 8%, highlighting strong free cash flow and investor appeal.

Game pipeline and development strategy

• Three new games are set to launch in the next 12–18 months, including Disney Solitaire, Claire's Chronicles, and a SuperPlay title.

• Disney Solitaire, in partnership with Disney, targets a Q2 launch and aims to expand into new international markets, especially APAC.

• Shift from pure M&A to selective internal development, leveraging acquired studios' capabilities.

• New slot game development focuses on improved content and user experience to drive ROI.

Market and category dynamics

• Social casino games have matured and stagnated, prompting a strategic shift toward casual games with higher growth potential.

• Partnerships, such as with IGT, bring real-world slot content to digital platforms.

• Focus on reactivating dormant players through new content and targeted promotions.

• Bingo Blitz remains a top-performing, stable franchise with high barriers to entry.