Current Report · Items 2.06, 9.01 · 8-K
PLAYSTUDIOS, Inc.
MYPSNASDAQEQUITYCurrent
Material Impairments
Item 2.06 Material Impairments. On September 18, 2026, PLAYSTUDIOS, Inc. (the “Company”) made the decision cease operation of the Company’s sweepstakes product called The Win Zone. The Company has determined that these events represent an impairment indicator during the third quarter of 2026.…
Filed Sep 23, 2026Accepted Sep 23, 2026, 4:31 PM EDTCIK 1823878Accession 0001823878-26-000057
Company context
PLAYSTUDIOS (Nasdaq: MYPS), creator of the groundbreaking myVIP loyalty program, is a publisher and developer of award-winning mobile games, including the iconic Tetris® mobile app, Tetris Block Party, Solitaire, Spider Solitaire, Sudoku, and its casino-style games such as POP! Slots, myVEGAS Slots, myVEGAS Blackjack, myKONAMI Slots, and myVEGAS Bingo. The myVIP loyalty platform offers its members the richest rewards in gaming and enables them to earn real-world rewards from a global collection of iconic hospitality, entertainment, and leisure brands. playAWARDS partners include MGM Resorts International, Norwegian Cruise Lines, Royal Caribbean Cruise Lines, Virgin Voyages, Topgolf, and Cirque du Soleil, among others. Founded by a team of veteran gaming, hospitality, and technology entrepreneurs, PLAYSTUDIOS apps combine the best elements of popular casual games with compelling real-world benefits. To learn more about PLAYSTUDIOS, visit playstudios.com.
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Disclosure sections
Items 2.06, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 2.06Item 2.06 - Material Impairments
Item 2.06 Material Impairments.
On September 18, 2026, PLAYSTUDIOS, Inc. (the “Company”) made the decision cease operation of the Company’s sweepstakes product called The Win Zone. The Company has determined that these events represent an impairment indicator during the third quarter of 2026. An analysis was performed and as a result, a reduction in the The Win Zone assets’ useful life was deemed appropriate, and it was determined that the carrying value was not recoverable. In connection with these developments, on September 18, 2026, the Company concluded that a pre-tax impairment charge in the range of $3.0 million to $3.5 million is required to be recognized, in accordance with U.S. generally accepted accounting principles (“GAAP”) related to the capitalization of internal-use software. The impairment charge is primarily related to limiting the future use of the The Win Zone assets.
Management expects to conclude its assessment and finalize the impairment charges along with the assessment of the potential impact to income tax expense with the submission of its Form 10-Q for the period ending on September 30, 2026.