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{{short description|Mobile gambling and video gaming company}}
{{more citations needed|date=August 2007}}
{{Cleanup rewrite|date=November 2019}}
{{Use dmy dates|date=March 2022}}
{{Use dmy dates|date=September 2020}}
{{Infobox company
{{Infobox company
| name = Playlogic Entertainment, Inc
| name = Playlogic Entertainment, Inc
| logo = [[Image:Playlogic Entertainment Logo.png]]
| logo = [[File:Playlogic Entertainment Logo.png]]
| type = [[Public company|Public]]
| type = [[Public company|Public]]
| traded_as = {{OTC Pink|PLGC}}
| traded_as = {{OTC Pink|PLGC}}
| foundation = 2002
| foundation = 2002
| defunct = 2010
| defunct = 2010(bankrupt)
| location_city = Amsterdam
| location_city = [[Amsterdam]]
| location_country = The Netherlands
| location_country = Netherlands
| industry = [[Video game industry|Video games]]
| industry = [[Video game industry|Video games]]
| products = [[Fairytale Fights]]<br />[[Xyanide]]<br />[[Xyanide: Resurrection]]<br />[[Worldshift]]<br />[[Age of Pirates: Caribbean Tales]]<br />[[Age of Pirates 2: City of Abandoned Ships]]<br />[[ObsCure II]]<br />[[Infernal (video game)|Infernal]]<br />[[Aggression]]<br />[[Aliens in the Attic#Video game|Aliens in the Attic]]<br />[[World Racing 2]]<br />[[Knights of the Temple II]]<br />[[Gene Troopers]]<br />Airborne Troops<br />[[Cyclone Circus]]<br />[[Pool Hall Pro]]<br />[[Vertigo (game)|Vertigo]]<br />[[Red Bull BC One]]<br />[[Ancient Wars: Sparta]]<br />[[Stateshift]]<br />[[Building & Co]]<br />[[Alpha Black Zero]]<br />[[Dimensity]]<br />[[Sudoku Ball Detective]]<br />[[Dragon Hunters]]<br />[[Simon the Sorcerer 4]]<br />[[The Endless Days of Luckless John]]
| products = [[Fairytale Fights]]<br />[[Xyanide]]<br />[[Xyanide: Resurrection]]<br />[[Worldshift]]<br />[[Age of Pirates: Caribbean Tales]]<br />[[Age of Pirates 2: City of Abandoned Ships]]<br />[[ObsCure II]]<br />[[Infernal (video game)|Infernal]]<br />[[Aggression]]<br />[[Aliens in the Attic#Video game|Aliens in the Attic]]<br />[[World Racing 2]]<br />[[Knights of the Temple II]]<br />Gene Troopers<br />Airborne Troops<br />Cyclone Circus<br />Pool Hall Pro<br />Vertigo<br />[[Red Bull BC One]]<br />[[Ancient Wars: Sparta]]<br />Stateshift<br />Building & Co<br />[[Alpha Black Zero]]<br />[[Dimensity]]<br />Sudoku Ball Detective<br />[[Dragon Hunters]]<br />[[Simon the Sorcerer 4]]<br />The Endless Days of Luckless John
| num_employees = 110, with 300+/- external development staff (2010)
| num_employees = 110, with circa 300 external development staff (2010)
| homepage = [http://www.playlogicgames.com/ www.playlogicgames.com]
| homepage = {{URL|playlogicgames.com}}
}}
}}
{{Infobox company
{{Infobox company
| name = Playlogic Entertainment N.V.
| name = Playlogic Entertainment N.V.
| logo = [[Image:Playlogic Entertainment Logo.png]]
| logo = [[File:Playlogic Entertainment Logo.png]]
| foundation = 2010
| foundation = 2010
| defunct = 2014
| defunct = 2014(bankrupt)
| location_city = Amsterdam
| location_city = Amsterdam
| location_country = The Netherlands
| location_country = The Netherlands
| industry = Mobile gambling and console publishing
| industry = Mobile gambling and console publishing
| homepage = [http://www.playlogicgames.com/ www.playlogicgames.com]
| homepage = {{URL|playlogicgames.com}}
}}
}}


'''Playlogic Entertainment''' NV was a company active in mobile [[gambling]] and [[game console|console]] publishing, established in 2002.
'''Playlogic Entertainment''' was a company active in mobile [[gambling]] and [[game console|console]] publishing, founded in 2002 by Rogier Smit.<ref>{{Cite web |last=robin |date=2010-08-04 |title=Dutch game maker Playlogic bankrupt after failed fairytale |url=https://www.dutchnews.nl/news/2010/08/dutch_game_maker_playlogic_ban/ |access-date=2023-04-04 |website=DutchNews.nl |language=en-GB}}</ref>

⚫
Their gaming and gambling products are ''Fun Play'' and ''Real Play'', handled by Microgaming Ltd. The company operates their ''Real Play'' components under a [[Malta|Maltese]] gambling license. Their other products include video game software for [[Sony]], [[Microsoft]], [[Nintendo]] and [[Apple Inc.|Apple]].{{citation needed | date=November 2019}}

⚫
==History==
{{Advert section|date=November 2019}}
Formed in 2010, Playlogic Entertainment NV is a continuation of Playlogic International NV, which was established as a traditional console video game publisher.
After [[restructuring]], the company continued with the same management team and employees.{{citation needed | date=November 2019}}

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. on Malta, using 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. on Malta is a subsidiary of Playlogic Entertainment.

===Restructuring===
⚫
'''Playlogic Entertainment, Inc'''. was listed on the 'OTCBB' in New York, (ticker symbol: PLGC) as of June 2005 and completed all SEC required filings until Q1 2010. The stock is currently pink sheet and Playlogic Entertainment Inc. has been renamed Donar Ventures.


⚫
== History ==
⚫
Playlogic International N.V. was a full subsidiary of Playlogic Entertainment, Inc. and was based in Amsterdam, the Netherlands. Playlogic published a variety of games developed internationally but also through their in-house production facility, Playlogic Game Factory BV.
⚫
'''Playlogic Entertainment, Inc'''. was listed on the '[[OTC Bulletin Board|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.<ref>{{Cite web |title=playlogic8k_12212010.htm |url=https://www.sec.gov/Archives/edgar/data/1141590/000107997411000325/playlogic8k_4152011.htm |access-date=2023-04-04 |website=www.sec.gov}}</ref>


⚫
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.
Playlogic represented a work force who were responsible for Distributing, Selling, Licensing, PR & Marketing, publishing and Product Development.


⚫
=== Bankruptcy and restructuring ===
In 2009, Fairytale Fights, which was developed in house by Playlogic Games Factory and published by Playlogic International NV, was released.
⚫
On July 28, 2010, the company filed at the US Securities and Exchange Commission, voluntarily entering into 'surseance van betaling', the Dutch equivalent of [[Chapter 11, Title 11, United States Code|Chapter 11]] bankruptcy, after a few years of struggling with major losses and new games failing to bring in revenue.<ref>{{cite news |date=27 July 2010 |title=Nederlandse gameontwikkelaar Playlogic stevent af op faillissement |publisher=Tweakers.net |url=http://tweakers.net/nieuws/68796/nederlandse-gameontwikkelaar-playlogic-stevent-af-op-faillissement.html}}</ref><ref>{{cite news | title = Playlogic files for bankruptcy | publisher = gamsindustry.biz | date = 28 July 2010 | url = http://www.gamesindustry.biz/articles/playlogic-files-for-bankruptcy}}</ref>


On August 4, 2010, the court officially declared Playlogic bankrupt.<ref>{{Cite web |last=robin |date=2010-08-04 |title=Dutch game maker Playlogic bankrupt after failed fairytale |url=https://www.dutchnews.nl/news/2010/08/dutch_game_maker_playlogic_ban/ |access-date=2023-04-04 |website=DutchNews.nl |language=en-GB}}</ref> 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.<ref>{{cite news | title = Beleaguered Playlogic relaunches company, focusing on digital releases. | publisher=Joystiq | date = 22 December 2010 | url=http://www.joystiq.com/2010/12/22/beleaguered-playlogic-relaunches-company-focusing-on-digital-re/}}</ref>
PlaylogicGame Factory: Based in Breda (the Netherlands) was a game development studio with a team of circa 80 people developing a number of titles on several platforms.


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.
⚫
===Bankruptcy and restart===
⚫
On Tuesday 27 July 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 new cash.<ref>{{cite news | title = Nederlandse gameontwikkelaar Playlogic stevent af op faillissement | publisher = Tweakers.net | date = 27 July 2010 | url = http://tweakers.net/nieuws/68796/nederlandse-gameontwikkelaar-playlogic-stevent-af-op-faillissement.html}}</ref> Wednesday 28 July 2010 the rumours have been confirmed by a filing at the US Securities and Exchange Commission. This filing revealed that the company had voluntarily entered into 'surseance van betaling', the Dutch equivalent of [[Chapter 11, Title 11, United States Code|Chapter 11]].<ref>{{cite news | title = Playlogic files for bankruptcy | publisher = gamsindustry.biz | date = 28 July 2010 | url = http://www.gamesindustry.biz/articles/playlogic-files-for-bankruptcy}}</ref>


On Wednesday 4 August 2010, the court declared Playlogic officially bankrupt.{{Citation needed|date=May 2011}} 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.<ref>{{cite news | title = Beleaguered Playlogic relaunches company, focusing on digital releases. | publisher=Joystiq | date = 22 December 2010 | url=http://www.joystiq.com/2010/12/22/beleaguered-playlogic-relaunches-company-focusing-on-digital-re/}}</ref> In December 2014 Playlogic went bankrupt again.<ref>{{cite web|url=http://www.rtlnieuws.nl/economie/home/gamesbedrijf-playlogic-weer-failliet|title=Gamesbedrijf Playlogic (weer) failliet|website=RTL Nieuws|date=3 December 2014}}</ref>
In December 2014, Playlogic went bankrupt again.<ref>{{cite web|url=http://www.rtlnieuws.nl/economie/home/gamesbedrijf-playlogic-weer-failliet|title=Gamesbedrijf Playlogic (weer) failliet|website=RTL Nieuws|date=3 December 2014}}</ref>


== Games Developed ==
==First-party development for Sony==
⚫
Playlogic gaming and gambling products included ''Fun Play'' and ''Real Play'', handled by Microgaming Ltd. The company operated their ''Real Play'' components under a [[Malta|Maltese]] gambling license. Playlogic Game Factory also worked as a First Party contractor for Sony Computer Entertainment Europe (SCEE).
Playlogic Game Factory also worked as a First Party contractor for Sony Computer Entertainment Europe (SCEE). This relationship was continued for 4 years in which Playlogic Game Factory developed 5 products that were published by Sony Computer Entertainment Europe. These games were Eyepet, Eyepet Move Edition, Pom Pom Party, Aqua Vita and Mesmerize I&II. These titles used either the [[PlayStation 2]] EyeToy camera or the [[PlayStation 3]] Eye Camera.


* Aqua Vita/Aquatopia (2007)
The company's principal sources of revenue were derived from publishing operations. Playlogic owned most of the intellectual property they published.
* [[Mesmerize (video game)|Mesmerize]] (2007)
* [[Tori-Emaki]] (2008)
* Mesmerize 2
* Fairytale Fights (2009)
* [[EyePet|Eyepet]] (2009)
* Eyepet Move Edition (2010)


==References==
== References ==
{{reflist}}
{{reflist}}


==External links==
== External links ==
*[https://finance.yahoo.com/q?s=plgc.ob Company and investor information at Yahoo Finance]
*[https://finance.yahoo.com/q?s=plgc.ob Company and investor information at Yahoo Finance]


Latest revision as of 15:09, 21 September 2023

Playlogic Entertainment, Inc
Company typePublic
OTC Pink: PLGC
IndustryVideo games
Founded2002
Defunct2010(bankrupt)
Headquarters
Amsterdam
,
Netherlands
ProductsFairytale 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)
Websiteplaylogicgames.com
Playlogic Entertainment N.V.
IndustryMobile gambling and console publishing
Founded2010
Defunct2014(bankrupt)
Headquarters
Amsterdam
,
The Netherlands
Websiteplaylogicgames.com

Playlogic Entertainment was a company active in mobile gambling and console publishing, founded in 2002 by Rogier Smit.[1]

History[edit]

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[edit]

On July 28, 2010, the company filed at the US Securities and Exchange Commission, voluntarily entering into 'surseance van betaling', the Dutch equivalent of Chapter 11 bankruptcy, after a few years of struggling with major losses and new games failing to bring in revenue.[3][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.

In December 2014, Playlogic went bankrupt again.[7]

Games Developed[edit]

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[edit]

  1. ^ robin (4 August 2010). "Dutch game maker Playlogic bankrupt after failed fairytale". DutchNews.nl. Retrieved 4 April 2023.
  2. ^ "playlogic8k_12212010.htm". www.sec.gov. Retrieved 4 April 2023.
  3. ^ "Nederlandse gameontwikkelaar Playlogic stevent af op faillissement". Tweakers.net. 27 July 2010.
  4. ^ "Playlogic files for bankruptcy". gamsindustry.biz. 28 July 2010.
  5. ^ robin (4 August 2010). "Dutch game maker Playlogic bankrupt after failed fairytale". DutchNews.nl. Retrieved 4 April 2023.
  6. ^ "Beleaguered Playlogic relaunches company, focusing on digital releases". Joystiq. 22 December 2010.
  7. ^ "Gamesbedrijf Playlogic (weer) failliet". RTL Nieuws. 3 December 2014.

External links[edit]

Retrieved from "https://en.wikipedia.org/w/index.php?title=Playlogic_Entertainment&oldid=1176409181"