Expansion continues to validate the benefit of
playAWARDS loyalty marketing to MGM hotel and resort
destinations
Award-winning mobile game developer PLAYSTUDIOS is
expanding its partnership with global hospitality brand MGM
Resorts International, securing the exclusive social and mobile
gaming rights to Ohio’s MGM Northfield Park. Players of
PLAYSTUDIOS free-to-play mobile apps will now see the
Cleveland-area gaming and entertainment destination showcased in
the playAWARDS portfolio of in-game rewards. Players who accumulate
loyalty points during gameplay can now redeem their points for
those exclusive new rewards. PLAYSTUDIOS recently entered into a
merger agreement with Acies Acquisition Corp. (Nasdaq: ACAC, ACACU,
ACACW) (“Acies”) which, upon closing, will result in the Company
becoming a Nasdaq listed company under the ticker symbol
“MYPS.”
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MGM Northfield Park boasts a lineup of vibrant restaurants and
bars, including TAP Sports Bar, Concerto Italian Kitchen and
Kosar’s Wood-Fired Grill (named for Cleveland Browns legend Bernie
Kosar); as well as A-list musical artists and comedians in Center
Stage and The Neon Room; and a high-energy casino and gaming floor
at the center of the excitement.
“We know that our players are always looking for rewards that
they can enjoy close to home,” says PLAYSTUDIOS Founder, Chair, and
Chief Executive Officer Andrew Pascal. “Adding MGM Northfield Park
to our collection opens up new geographic possibilities and serves
as a further testament to the value of our collaboration with MGM
Resorts International.
“Northfield Park is the 18th MGM property to join playAWARDS,
extending an incredibly successful partnership that began nearly 10
years ago.”
The playAWARDS rewards portfolio includes a collection of
real-world perks from the world’s most popular travel, leisure,
lifestyle, and entertainment brands. Today, players can access an
exciting lineup of exclusive rewards from MGM Resorts International
properties, including Bellagio, ARIA, Vdara, MGM Grand, Mandalay
Bay, Park MGM, The Mirage, New York-New York, Luxor, Excalibur,
Beau Rivage, Gold Strike, Borgata, MGM Detroit, MGM National
Harbor, MGM Springfield, and MGM Cotai.
David Tsai, President of the Midwest Group for MGM Resorts,
adds, “Throughout the years, PLAYSTUDIOS apps have introduced
millions of players to the virtual and real-world thrills of our
resorts. With the addition of MGM Northfield Park to the playAWARDS
portfolio, players and guests can experience the excitement of our
resorts throughout the country.”
PLAYSTUDIOS games are available to download free on iOS,
Android, Kindle, and Facebook.
Business Combination Transaction
On February 1, 2021, PLAYSTUDIOS, Inc. (“PLAYSTUDIOS”) entered
into a proposed business combination (the “Business Combination”)
with Acies Acquisition Corp. (Nasdaq: ACAC, ACACU, ACACW)
("Acies"). On May 26, Acies announced that it has scheduled an
extraordinary general meeting of its shareholders for June 17, 2021
(the “Special Meeting”) to approve the combination with
PLAYSTUDIOS. The Business Combination, if approved by Acies’
shareholders, is expected to close as soon as practicable following
shareholder approval. The closing of the transaction will result in
the Company becoming a Nasdaq listed company under the ticker
symbol "MYPS.”
About playAWARDS
Created by award-winning game developer PLAYSTUDIOS, playAWARDS
is an innovative, scalable, and cost-efficient loyalty marketing
program that connects the world’s leading entertainment, retail,
technology, travel, leisure, and gaming companies with a valuable,
highly-engaged audience of mobile and social gamers. By integrating
branded content and promotional offerings into PLAYSTUDIOS’
portfolio of casual, free-to-play mobile apps, playAWARDS keeps its
rewards partners top-of-mind while converting entertaining digital
impressions into real-world brand engagement. The playAWARDS
platform also provides partners with a powerful suite of management
and analytics tools that offer deep, actionable insights into
audience engagement and program performance.
About PLAYSTUDIOS
PLAYSTUDIOS is the developer and operator of award-winning
free-to-play casual games for mobile and social platforms. The
company’s collection of original and published titles is powered by
its groundbreaking playAWARDS loyalty marketing platform, which
enables players to earn real-world rewards from a portfolio of
global entertainment, retail, technology, travel, leisure, and
gaming brands across 17 countries and four continents. Founded by a
team of veteran gaming, hospitality, and technology entrepreneurs,
PLAYSTUDIOS brings together beautifully designed mobile gaming
content with an innovative loyalty platform in order to provide its
players with an unequaled entertainment experience and its partners
with actionable business insights. To learn more about PLAYSTUDIOS,
visit playstudios.com.
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is an S&P 500® global
entertainment company with national and international locations
featuring best-in-class hotels and casinos, state-of-the-art
meetings and conference spaces, incredible live and theatrical
entertainment experiences, and an extensive array of restaurant,
nightlife and retail offerings. MGM Resorts creates immersive,
iconic experiences through its suite of Las Vegas-inspired brands.
The MGM Resorts portfolio encompasses 29 unique hotel and
destination gaming offerings in the United States and Macau,
including some of the most recognizable resort brands in the
industry such as Bellagio, MGM Grand, ARIA and Park MGM. The
Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting
and online gaming through market-leading brands, including BetMGM
and partypoker. The Company is currently pursuing targeted
expansion in Asia through the integrated resort opportunity in
Japan. Through its “Focused on What Matters: Embracing Humanity and
Protecting the Planet” philosophy, MGM Resorts commits to creating
a more sustainable future, while striving to make a bigger
difference in the lives of its employees, guests, and in the
communities where it operates. The global employees of MGM Resorts
are proud of their company for being recognized as one of FORTUNE®
Magazine's World's Most Admired Companies®. For more information,
please visit us at mgmresorts.com. Please also connect with us
@MGMResortsIntl on Twitter as well as Facebook and Instagram.
About MGM Northfield Park
MGM Northfield Park is Ohio’s award-winning gaming, dining, and
entertainment destination, located on the Northfield Park harness
racing grounds, which offers more than 200 live harness races each
year. The racino offers nearly 2,000 gaming devices; an array of
dining options such as Kosar’s Wood-Fired Grill, Concerto Italian
Kitchen and TAP Sports Bar; unparalleled live music and comedy
events at Center Stage, a concert-style music venue, and The Neon
Room, a high-energy lounge; and hosts guests for a variety of
corporate and special events. The property also boasts a retail
shop and state-of-the-art gas service station and car wash. For
more information, visit mgmnorthfieldpark.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. The Company’s and Acies’
actual results may differ from their expectations, estimates and
projections and consequently, you should not rely on these forward
looking statements as predictions of future events. Words such as
“expect,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,”
“believes,” “predicts,” “potential,” “continue,” and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements include the closing of
the business combination transaction between the Company and Acies.
These forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside the Company’s and Acies’ control and are difficult to
predict. Factors that may cause such differences include, but are
not limited to: (1) the risk that the transaction may not be
completed in a timely manner or at all, which may adversely affect
the price of Acies’ securities; (2) the risk that the transaction
may not be completed by Acies’ business combination deadline and
the potential failure to obtain an extension of the business
combination deadline if sought by Acies; (3) the failure to satisfy
the conditions to the consummation of the transaction, including
the approval of the merger agreement by the stockholders of Acies,
the satisfaction of the minimum trust account amount following any
redemptions by Acies’ public stockholders and the receipt of
certain governmental and regulatory approvals; or (4) other risks
and uncertainties included in Acies’ or the Company’s other filings
with the U.S. Securities and Exchange Commission (the “SEC”). The
foregoing list of factors is not exclusive, and readers should also
refer to those risks included under the heading “Risk Factors” in
the registration statement on Form S-4 (File No. 333-253135)
containing the proxy statement/prospectus relating to the proposed
business combination filed by Acies with the SEC, those included
under the heading “Risk Factors” in the final prospectus of Acies
related to its initial public offering and those included in other
filings made by Acies or the Company with the SEC from time to
time. Readers are cautioned not to place undue reliance upon any
forward-looking statements in this press release, which speak only
as of the date made. Acies and the Company do not undertake or
accept any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements in this
press release to reflect any change in its expectations or any
change in events, conditions or circumstances on which any such
statement is based.
Important Information About the Proposed Business Combination
and Where to Find It
In connection with the proposed business combination, Acies
filed a registration statement on Form S-4 with the SEC on February
16, 2021 (File No. 333-253135), which includes a proxy
statement/prospectus, that is both the proxy statement to be
distributed to holders of Acies’ common stock in connection with
its solicitation of proxies for the vote by Acies’ stockholders
with respect to the proposed business combination and other matters
as may be described in the registration statement, as well as the
prospectus relating to the offer and sale of the securities to be
issued in the business combination. The registration statement was
declared effective May 25, 2021. Acies will mail a definitive proxy
statement/prospectus and other relevant documents to its
stockholders. This document does not contain all the information
that should be considered concerning the proposed business
combination and is not intended to form the basis of any investment
decision or any other decision in respect of the business
combination. Acies’ stockholders, the Company’s stockholders and
other interested persons are advised to read, when available, the
preliminary proxy statement/prospectus included in the registration
statement and the amendments thereto and the definitive proxy
statement/prospectus and other documents filed in connection with
the proposed business combination, as these materials will contain
important information about the Company, Acies and the business
combination. The definitive proxy statement/prospectus and other
relevant materials for the proposed business combination will be
mailed to stockholders of Acies as of a record date of May 14,
2021. Acies’ stockholders and the Company’s stockholders will also
be able to obtain copies of the proxy statement / prospectus and
other documents filed with the SEC, without charge, at the SEC’s
website at www.sec.gov, or by directing a request to: Acies
Acquisition Corp., 1219 Morningside Drive, Suite 110, Manhattan
Beach, CA 90266.
Participants in the Solicitation
Acies and PLAYSTUDIOS and their respective directors and
officers may be deemed participants in the solicitation of proxies
of Acies’ stockholders in connection with the proposed business
combination. A list of the names of such directors and executive
officers and information regarding their interests in the business
combination are contained in the proxy statement/prospectus. You
may obtain free copies of these documents as described in the
preceding paragraph.
No Offer or Solicitation
This press release shall not constitute a solicitation of a
proxy, consent or authorization with respect to any securities or
in respect of the proposed business combination. This press release
shall also not constitute an offer to sell or the solicitation of
an offer to buy any securities, nor shall there be any sale of
securities in any states or jurisdictions in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of the Securities Act of 1933,
as amended.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210603005672/en/
Rossetti Public Relations Amy Rossetti
playstudios@rossettipr.com
MGM Resorts International: Stacy Hamilton MGM Resorts Public
Relations shamilton@mgmresorts.com
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