Playlogic Entertainment
 | This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
|
 | |
| Company 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 |
Playlogic Entertainment NV was a company active in mobile gambling and console publishing, established in 2002.
Their gaming and gambling products are Fun Play and Real Play, handled by Microgaming Ltd. The company operates their Real Play components under a Maltese gambling license. Their other products include video game software for Sony, Microsoft, Nintendo and Apple.[citation needed]
History
| This section contains content that is written like an advertisement. (November 2019) |
Formed in 2010, Play logic Entertainment NV is a continuation of Play logic 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]
The restructured company completed the acquisition of mobile gaming and gambling company Wann Gaming International BV in 2011. Wann Gaming was founded 4 years prior to the acquisition. WGM Ltd. on Malta, using brand name Wann Gaming, 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 Play logic Entertainment.
Restructuring
Play logic 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 Play logic Entertainment Inc. has been renamed Donar Ventures.
Play logic International N.V. was a full subsidiary of Play logic Entertainment, Inc. and was based in Amsterdam, the Netherlands. Play logic published a variety of games developed internationally but also through their in-house production facility, Play logic Game Factory BV.
Play logic represented a work force who were responsible for Distributing, Selling, Licensing, PR & Marketing, publishing and Product Development.
In 2009, Fairytale Fights, which was developed in house by Play logic Games Factory and published by Play logic International NV, was released.
Play logic Game 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.
Bankruptcy and restart
On July 27, 2010, rumors started to surface around Play logic about a possible bankruptcy, after a few years of struggling with major losses and new games failing to bring in new cash.[1] The rumors were confirmed the following day by a filing at the US Securities and Exchange Commission. This filing revealed that the company had voluntarily entered into 'Sur seance van beetling', the Dutch equivalent of Chapter 11.[2]
On August 4, 2010, the court declared Play logic officially bankrupt.[citation needed] Later that year Play logic Entertainment NV relaunched with some of the original staff, taking a focus on publishing already made games on digital platforms and gambling related games.[3] In December 2014, Play logic went bankrupt again.[4]
First-party development for Sony
Play logic Game Factory also worked as a First Party contractor for Sony Computer Entertainment Europe (SCEE). This relationship was continued for 4 years in which Play logic Game Factory developed 5 products that were published by Sony Computer Entertainment Europe. These games were Eye pet, Eye pet Move Edition, Pom pom Party, Aqua Vita and Mesmerize I&II. These titles used either the PlayStation 2 Eye Toy camera or the PlayStation 3 Eye Camera.[citation needed]
The company's principal sources of revenue were derived from publishing operations. Play logic owned most of the intellectual property they published.[citation needed]
References
- ^ "Nederlandse gameontwikkelaar Playlogic stevent af op faillissement". Tweakers.net. 27 July 2010.
- ^ "Playlogic files for bankruptcy". gamsindustry.biz. 28 July 2010.
- ^ "Beleaguered Playlogic relaunches company, focusing on digital releases". Joystiq. 22 December 2010.
- ^ "Gamesbedrijf Playlogic (weer) failliet". RTL Nieuws. 3 December 2014.