Playlogic Entertainment
Playlogic Entertainment was a company active in mobile gambling and console publishing, founded in 2002 by Rogier Smit.[1]
 | |
| Type | Public |
|---|---|
| OTC Pink: PLGC | |
| Industry | Video games |
| Founded | 2002 |
| Defunct | 2010 |
| Headquarters | , Netherlands |
| Products | Fairytale Fights Xyanide Xyanide: Resurrection Worldshift Age of Pirates: Caribbean Tales Age of Pirates 2: City of Abandoned Ships ObsCure II Infernal Aggression Aliens in the Attic World Racing 2 Knights of the Temple II Gene Troopers Airborne Troops Cyclone Circus Pool Hall Pro Vertigo Red Bull BC One Ancient Wars: Sparta Stateshift Building & Co Alpha Black Zero Dimensity Sudoku Ball Detective Dragon Hunters Simon the Sorcerer 4 The Endless Days of Luckless John |
Number of employees | 110, with circa 300 external development staff (2010) |
| Website | playlogicgames |
| |
| Industry | Mobile gambling and console publishing |
|---|---|
| Founded | 2010 |
| Defunct | 2014 |
| Headquarters | Amsterdam , The Netherlands |
| Website | playlogicgames |
History
Playlogic Entertainment, Inc. was listed on the 'OTCBB' in New York, (ticker symbol: PLGC) in June 2005 and completed all SEC required filings until Q1 2010. The company renamed their listing and stock from Playlogic Entertainment Inc. to Donar Ventures in April 2011.[2]
Playlogic International N.V. was a full subsidiary of Playlogic Entertainment, Inc. based in Amsterdam. Playlogic published games developed internationally as well as in-house through Playlogic Game Factory BV, a studio based in Breda with a team of around 80 people.
Bankruptcy and restructuring
On July 27, 2010, rumours started to surface around Playlogic about a possible bankruptcy, after a few years of struggling with major losses and new games failing to bring in revenue.[3] The rumours were confirmed the following day by a filing at the US Securities and Exchange Commission revealing the company had voluntarily entered into 'surseance van betaling', the Dutch equivalent of Chapter 11.[4]
On August 4, 2010, the court officially declared Playlogic bankrupt.[5] Later that year, Playlogic Entertainment NV relaunched with some of the original staff, taking a focus on publishing already made games on digital platforms and gambling related games.[6]
The restructured company completed the acquisition of mobile gaming and gambling company WannaGaming International BV in 2011. WannaGaming was founded 4 years prior to the acquisition. WGM Ltd. in Malta, using the brand name WannaGaming, has a long-term partnership with market leader Microgaming Ltd. for all mobile gaming and gambling products, banking services and 24/7 international help desk services. The company operates under a Maltese gambling license. WGM Ltd. in Malta is a subsidiary of Playlogic Entertainment.
In December 2014, Playlogic went bankrupt again.[7]
Games Developed
Playlogic gaming and gambling products included Fun Play and Real Play, handled by Microgaming Ltd. The company operated their Real Play components under a Maltese gambling license. Playlogic Game Factory also worked as a First Party contractor for Sony Computer Entertainment Europe (SCEE).
- Aqua Vita/Aquatopia (2007)
- Mesmerize (2007)
- Tori-Emaki (2008)
- Mesmerize 2
- Fairytale Fights (2009)
- Eyepet (2009)
- Eyepet Move Edition (2010)
References
- robin (4 August 2010). "Dutch game maker Playlogic bankrupt after failed fairytale". DutchNews.nl. Retrieved 4 April 2023.
- "playlogic8k_12212010.htm". www.sec.gov. Retrieved 4 April 2023.
- "Nederlandse gameontwikkelaar Playlogic stevent af op faillissement". Tweakers.net. 27 July 2010.
- "Playlogic files for bankruptcy". gamsindustry.biz. 28 July 2010.
- robin (4 August 2010). "Dutch game maker Playlogic bankrupt after failed fairytale". DutchNews.nl. Retrieved 4 April 2023.
- "Beleaguered Playlogic relaunches company, focusing on digital releases". Joystiq. 22 December 2010.
- "Gamesbedrijf Playlogic (weer) failliet". RTL Nieuws. 3 December 2014.