Chinese consortium to buy Playtika for $4.4 bn
A Chinese consortium led by Shanghai-based game company Giant has agreed to pay $4.4 billion for Playtika, an Israel-based social casino game company. Founded in 2010, Playtika, currently owned by Caesars Interactive Entertainment, is known for games like Caesars Casino and World Series of Poker (WSOP). However, WSOP and real-money online gaming businesses will not be included in the deal.