{
  "docId": "019dd923-622c-750b-8b9a-f117836b6142",
  "docSlug": "990738dd792d",
  "documentTitle": "Playtika Holding Corp. (PLTK)",
  "authorId": "62_Grizzly_Research",
  "authorName": "Grizzly Research",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2022-02-03 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.60714287,
  "pageNumber": 9,
  "pageCount": 30,
  "prevPage": 8,
  "nextPage": 10,
  "slideType": "villain_critique",
  "function": "name_villain",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": "The slide presents a series of regulatory questions (in Chinese and English) directed at Playtika, framing them as a significant risk factor.",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-f117836b6142/9",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-f117836b6142",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-f117836b6142.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-f117836b6142#slide-9",
  "components": [
    {
      "bbox": {
        "h": 0.07,
        "w": 0.78,
        "x": 0.11,
        "y": 0.81
      },
      "kind": "callout",
      "text": "PLTK’s Multiple Chinese IPO Attempts Failed Due To The “Gambling Akin” Nature Of Their Games, We Observe Similar Concerns Here In The U.S.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "64e22201-900e-4987-a5c3-b2f5f2951f0d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.72,
        "x": 0.14,
        "y": 0.65
      },
      "kind": "paragraph",
      "text": "CSRC further demanded clarification on \"(3) the number of accounts that can be registered by the same player, and the the transferability of virtual currency or points between different accounts of the same player...\"",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0f850a9a-8563-457e-98e4-46a9b943f564",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.72,
        "x": 0.14,
        "y": 0.33
      },
      "kind": "paragraph",
      "text": "CSRC further demanded clarification on \"Whether the probability of winning or losing the game under the same gameplay of PLTK is within the reporting period is consistently, does PLTK adjust the probability of winning and losing irregularly or regularly...\"",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8e65245d-eaeb-4796-a62b-3a0188162d8c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "Whether the probability of winning or losing the game under the same gameplay of PLTK is within the reporting period is consistently, does PLTK adjust the probability of winning and losing irregularly or regularly; if so, supplementary disclosure of the frequency of adjusting the probability of winning and losing for different games during the reporting period and the winning and losing after each adjustment of the probabilities; whether or not there is a chance that PLTK will be able to fix the hand regardless of whether the player wins or loses. The situation in which a certain percentage of gold coins are obtained in the pool; and in each game, the total bet and the bet. Whether there is a cap on the number of bets. — CSRC",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-70fa-7556-8656-cb6c633317fd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.78,
        "x": 0.11,
        "y": 0.88
      },
      "kind": "source-note",
      "text": "THE REPORT AND ALL STATEMENTS CONTAINED HEREIN ARE THE OPINIONS OF GRIZZLY RESEARCH...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a275c0af-8787-4794-8b83-ba2d07045108",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.85,
        "x": 0.07,
        "y": 0.11
      },
      "kind": "title",
      "text": "Regulatory Risk Is A Growing Problem For PLTK’s Online Casino Games",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "70f8ef74-e6ff-48e6-864a-9851a894d4f8",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 14,
      "from": 8,
      "beatId": "96674037-9d6a-4a8a-9c2a-94c6e6136694",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "Critique of villain",
      "beatSlug": null,
      "evidence": "The document critiques PLTK's management and regulatory risks",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 13,
      "from": 5,
      "beatId": "71cffc54-36d0-45fa-adea-0deaf29c8ed6",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "Expose contradiction",
      "beatSlug": null,
      "evidence": "The document highlights contradictions in PLTK's strategy and actions",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 19,
      "from": 4,
      "beatId": "a91fd635-8a6c-4b3a-9212-fba3e7b568d3",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "Thesis headline",
      "beatSlug": null,
      "evidence": "The document presents a clear thesis statement and supporting arguments",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [
    {
      "to": 30,
      "from": 1,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "b8b59e29-daa0-49a3-9dda-94309a5f75f1",
      "evidence": "The document implies that inaction will lead to significant consequences for PLTK",
      "position": 0,
      "objective": "Highlight the risks of not acting on PLTK's regulatory risks and short-termism",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.7,
      "description": "Quantify what happens if the audience does nothing"
    },
    {
      "to": 14,
      "from": 8,
      "name": "Voice Of Customer",
      "slug": "51-voice-of-customer",
      "bestFor": "Product strategy, customer experience, market research",
      "matchId": "d6867aec-ad89-419c-a21b-909135cdc994",
      "evidence": "The document highlights regulatory risks as a concern for PLTK's business model",
      "position": 1,
      "objective": "Present regulatory risks as a concern for investors and customers",
      "structure": "What Customers Say (Verbatim) -> The Pattern Across Voices -> The Insight -> The Response",
      "confidence": 0.6,
      "description": "Let customer quotes and feedback drive the narrative and validate the insight"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}