Playground Ventures

Overview

The well-established video gaming industry is expected to grow at a CAGR of 9.33 percent to reach a worldwide market value of US$222.9 billion by 2025. The largest segment of this industry is mobile gaming, which reached a market value of US$110 billion in 2021 worldwide. The attractive revenues in this industry have led to major partnerships between video gaming companies and large television and film production studios. Ubisoft Entertainment SA (EPA:UBI) produced ‘South Park’ and ‘Avatar’ games while Insomniac Games Inc. produced ‘Spider-man’ games.

The Walt Disney Company’s 2017 deal with EA to exclusively develop ‘Star Wars’ products has reportedly generated billions of dollars in revenue for EA with the related mobile game currently being classified as a billion-dollar entity. As a result, companies in the video gaming industry and, more specifically, the mobile gaming industry with products released in partnership with large entertainment production studios may be an intriguing investment for investors seeking a significant return on investment.

Playground Ventures (CSE:PLAY) is an active management company focused on identifying, acquiring, financing and supporting private companies in the mobile game and digital media industries. The company seeks to create shareholder value by offering early-stage access to a portfolio of private companies with highly prospective products and projects.

In April 2021, Playground Ventures acquired 40 percent interest in MotionPix Game Studio as part of a joint venture with Ludare Groups Inc. The MotionPix Game Studio joint venture will launch a high-profile mobile gaming asset that has already been fully developed. The mobile game is set to be released in the second quarter of 2022 in conjunction with a highly anticipated blockbuster movie release.

In May 2021, Playground Ventures seed invested C$350,000 in TinyRex Games Inc. for the rights to certain shares in the capital of the company. Led by a management team with a history of success in the mobile gaming and social casino industry, this partnership will bring to market three exciting idle genre games over the course of the next two years. The games will be available on iOS and Android mobile platforms with the first release ready for download in early 2022.

In July 2021, Playground Ventures entered a seed investment agreement to acquire up to 60 percent interest in GG Hub SRL (“Got Game”). Got Game is an Italian media gaming corporation founded by an experienced team of entrepreneurs and broadcasting professional. The team is building a vertically integrated European based broadcast and streaming channel that will focus on the gaming, Esports and digital media world. With a targeted launch date of late Q4 2021 for their Italian platform, this channel will provide 24/7 media content that will be translated into multiple languages and available on several media platforms. They are currently in discussions with providers to expand into different European countries.

In October 2021, Playground Ventures completed the acquisition of Countervail Games Ltd., a mobile game developer with exclusive rights to a proprietary mobile game project. This game was developed alongside another high-profile game developer and is licensed with Braille Skateboarding, the largest online skateboarding community in the world. Their first project titled “Skate Video Tycoon” capitalizes on Patent Pending Proprietary IP of the integration of Live video and Digital media in an Idle genre game. This game is currently in soft launch and is getting ready for the user acquisition phase of commercialization.

Playground Ventures has a strong equity position with C$1.73 million raised in three months, for a total of C$2.53 million raised in the past year. The funds have been used to complete the strategic portfolio acquisitions and joint ventures previously mentioned.

As a new company with an active acquisition strategy, Playground Ventures boasts a tight capital structure with 55,402,237 shares outstanding with 60 to 70 percent of shares currently held by company insiders. The company also has an impressive market capitalization of $11,080,447 with a share price of $0.20.

Going forward, the company plans to bring its current assets to market and expects to be cash-flowing in the first half of 2022. As Playground Ventures continues to scale its operations, they will work towards having its own in-house user acquisition assets and will move to hire a CTO. The management team is also in the process of performing its due diligence on several local and global opportunities to expand its portfolio of assets.

The company is led by a thoroughly experienced management and advisory team with decades in the gaming and investment industries. Playground Ventures advisory board includes key industry leaders with a network of strong industry connections to facilitate deals and company progress.

Company Highlights

• Playground Ventures is an active management company focused on identifying, acquiring, financing and supporting private companies in the mobile game and digital media industries.
• Playground Ventures creates shareholder value by offering early-stage access to a portfolio of private companies in the digital media and mobile gaming sectors with highly prospective products and projects. The company plans to be cash flowing in the first half of 2022.
• The company acquired 40 percent interest in MotionPix Game Studio as part of a joint venture. MotionPix Game Studio will launch a high-profile mobile gaming asset that has already been fully developed and is set to be released in the second quarter of 2022 in conjunction with a highly anticipated blockbuster movie release.
• Playground Ventures seed invested C$350,000 into TinyRex Games Inc. for the rights to certain shares in the capital of the company. This partnership will bring to market three exciting idle genre games with the first release in 2022.
• The company also recently acquired Countervail Games Ltd. which has exclusive rights to a proprietary mobile game project with another high-profile game developer. The mobile game project that utilizes Patent Pending Proprietary IP was soft launched in July 2021 and is licensed with Braille Skateboarding, the largest online skateboarding community in the world.
• Playground Ventures entered into an investment agreement to acquire up to 60 percent interest in GG Hub SRL, an Italian company that is building a vertically integrated European based broadcast and streaming channel. Currently, Playground Ventures owns 20 percent in GG Hub.
• The company is led by a highly experienced management and advisory team with decades in the gaming and investment markets industries.
• Tight capital structure with 55,402,237 shares outstanding with 60 to 70 percent of shares currently held by company insiders.