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Playlogic Entertainment

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Playlogic Entertainment, Inc
Company typePublic
OTC Pink: PLGC
IndustryVideo games
Founded2002
Defunct2010(bankrupt)
Headquarters,
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

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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

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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.[6] 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.[7]

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.[8]

Games Developed

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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

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  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. ^ "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. ^ robin (4 August 2010). "Dutch game maker Playlogic bankrupt after failed fairytale". DutchNews.nl. Retrieved 4 April 2023.
  7. ^ "Beleaguered Playlogic relaunches company, focusing on digital releases". Joystiq. 22 December 2010.
  8. ^ "Gamesbedrijf Playlogic (weer) failliet". RTL Nieuws. 3 December 2014.
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