Playstudios expands teams in Vietnam and Serbia

| By Marese O'Hagan
Social gaming operator Playstudios has grown the teams at its outposts in Hanoi, Vietnam and Belgrade, Serbia as it looks to expand its global reach.
Playstudios revenue and profits increase

This has seen staff numbers at its Playstudios Europe base in Belgrade grow to more than 90 people, where the company’s Pop! Slots app and reward platform, PlayAwards, are developed.

Playstudios Vietnam, with 45 team members, focuses on developing events, features and games across its portfolio, though primarily focused on its flagship MyVegas Slots app.

“The long-term investments we’re making in our Belgrade and Hanoi studios allow us to tap into the dynamic and high-quality talent in those markets while remaining competitive in this global mobile gaming industry,” said Andrew Pascal, founder, chairman, and CEO of Playstudios.

“As we continue to ramp up the contributions of these new teams, we’ll increase our capacity to drive the growth of our Playstudios portfolio while delivering a broader collection of experiences for our players.”

Playstudios went public in February, with a valuation of £825.6m, and has offices in California, Texas, Hong Kong and Israel alongside its Belgrade and Hanoi bases, as well as its headquarters in Las Vegas.

The company reported revenue of $70.6m in its Q3 results earlier this month.

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