Playstudios operates the MyVegas Slots and MyVegas Blackjack games.
Playstudios operates the MyVegas Slots and MyVegas Blackjack games. Is the whole game industry rolling the dice?
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Playstudios will go public via SPAC at $1.1 billion valuation

  • Posted byby Dean Takahashi
  • Updated
  • 5 min

Playstudios will be the next social casino game company to go public. In this deal, the company will raise money via a special purpose acquisition company (SPAC) in the second quarter.

The maker of the MyVegas slots and blackjack social casino games has struck a deal with Acies Acquisition Corp., a SPAC on Nasdaq that has former MGM Resorts International CEO Jim Murren as its chairman. The deal is one of many in the game industry where competitors are taking advantage of the popularity of games during the pandemic to raise more money or acquire companies.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.