Playlogic Entertainment

Playlogic Entertainment, Inc
Company typePublic
OTC Pink: PLGC
IndustryVideo games
Founded2002
FounderRogier Smit
Defunct2010 (2010) (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

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[3] with a team of around 80 people.

Bankruptcy and restructuring

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.[4][5]

On August 4, 2010, the court officially declared Playlogic bankrupt.[1] 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

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

  1. ^ a b "Dutch game maker Playlogic bankrupt after failed fairytale". DutchNews.nl. 4 August 2010. Retrieved 4 April 2023.
  2. ^ "playlogic8k_12212010.htm". www.sec.gov. Retrieved 4 April 2023.
  3. ^ "Video game history of the Netherlands". 6 October 2024.
  4. ^ "Nederlandse gameontwikkelaar Playlogic stevent af op faillissement". Tweakers.net. 27 July 2010.
  5. ^ "Playlogic files for bankruptcy". gamsindustry.biz. 28 July 2010.
  6. ^ "Beleaguered Playlogic relaunches company, focusing on digital releases". Joystiq. 22 December 2010.
  7. ^ "Gamesbedrijf Playlogic (weer) failliet". RTL Nieuws. 3 December 2014.