Video game tycoon behind Playtika seeks US listing for second time after Beijing rejected the casino-style game maker

//Video game tycoon behind Playtika seeks US listing for second time after Beijing rejected the casino-style game maker

Video game tycoon behind Playtika seeks US listing for second time after Beijing rejected the casino-style game maker

Shi Yuzhu, a 58-year-old Chinese entrepreneur, is seeking to list a mobile game maker known for casino-style games in the US after Beijing shut the company out of listing in China, turning the page on a corporate saga involving one of China’s most colourful tycoons, Beijing’s strict controls on gaming, and now US-China capital flows.Playtika, an Israeli company with about 4,000 employees, filed an initial public offering application in December to raise US$100 million on the Nasdaq. According…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-12-31T00:00:20+00:00 December 31st, 2020|Business|Comments Off on Video game tycoon behind Playtika seeks US listing for second time after Beijing rejected the casino-style game maker