PLAYSTUDIOS to end The Win Zone; $3M-$3.5M charge

The estimated charge is tied primarily to limiting future use of The Win Zone assets, and the potential income tax impact is part of the assessment.

Available on EDGAR 09/23/2026 - 04:31 PM EDT Accepted by SEC EDGAR 09/23/2026 - 04:31 PM EDT

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

8-K

Rhea-AI Filing Summary

PLAYSTUDIOS, Inc. (MYPS) decided on September 18, 2026, to cease operating The Win Zone, its sweepstakes product. The company identified the decision as an impairment indicator in the third quarter of 2026, concluded that the assets’ carrying value was not recoverable, and determined that a reduction in their useful life was appropriate.

PLAYSTUDIOS concluded that a pre-tax impairment charge of $3.0 million to $3.5 million is required to be recognized, primarily related to limiting future use of The Win Zone assets. Management expects to finalize the charge and assess its potential impact on income tax expense with the Form 10-Q for the period ending September 30, 2026.

Positive

None.

Negative

Ceasing The Win Zone operations; $3.0 million to $3.5 million pre-tax impairment charge.

8-K Event Classification

2 items: 2.06, 9.01

2 items

Item 2.06 Material Impairments Financial

The company concluded that a material charge for impairment of assets (goodwill, intangibles, etc.) is required.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Pre-tax impairment charge: $3.0 million to $3.5 million Decision date: September 18, 2026 Form 10-Q period end: September 30, 2026

3 metrics

Pre-tax impairment charge $3.0 million to $3.5 million Required to be recognized, primarily related to limiting future use of The Win Zone assets

Decision date September 18, 2026 Decision to cease operating The Win Zone

Form 10-Q period end September 30, 2026 Period for which management expects to finalize the impairment assessment

Key Terms

impairment indicator, carrying value, useful life, internal-use software

4 terms

impairment indicator financial

"represent an impairment indicator during the third quarter"

carrying value financial

"the carrying value was not recoverable"

Carrying value is the amount an asset is listed for on a company’s balance sheet after subtracting reductions for wear, age or loss of value from its original purchase cost. Think of it like the price shown in your records for a car after accounting for years of use; it may differ from what you could sell it for today. Investors watch carrying value because it affects reported profits when assets are sold or written down and influences balance-sheet strength and valuation ratios.

useful life financial

"a reduction in the assets’ useful life"

internal-use software technical

"GAAP related to the capitalization of internal-use software"

Internal-use software is computer programs developed or bought by a company to run its own operations—things like payroll systems, inventory controls, customer databases, or factory automation—rather than products sold to customers. Investors care because these systems are often large, ongoing expenses that affect efficiency, costs, and scalability; like a factory’s control room or a professional toolkit, better software can raise profit margins and reduce risk, while costly failures or upgrades can hit earnings.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How large is MYPS's expected impairment charge?

PLAYSTUDIOS concluded that a pre-tax impairment charge of $3.0 million to $3.5 million is required to be recognized, primarily related to limiting future use of The Win Zone assets.

When will PLAYSTUDIOS finalize The Win Zone impairment assessment?

Management expects to conclude its assessment and finalize the impairment charges, along with assessing the potential impact to income tax expense, with submission of the Form 10-Q for the period ending September 30, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

September 18, 2026

Date of Report (date of earliest event reported)

PLAYSTUDIOS, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-39652

88-1802794

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

10150 Covington Cross Drive, Las Vegas, Nevada

89144

(Address of Principal Executive Offices)

(Zip Code)

Registrant's telephone number, including area code: (725) 877-7000

Not applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A common stock

MYPS

The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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.

Item 9.01. Financial Statements and Exhibits

(a)None

(b)None

(c)None

(d)Exhibits


Exhibit Number						Description
101						Inline XBRL Document Set for the Cover Page from this Current Report on Form 8-K, formatted as Inline XBRL
104						Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: September 23, 2026


PLAYSTUDIOS, Inc.

By:	/s/ Scott Peterson
	Name:	Scott Peterson
	Title:	Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents