Share this on Twitter Share this on Facebook Share this on LinkedIn Share this on Sina Weibo Share this on Wechat Share this on LinkedIn Playtika debuted on the Nasdaq on Friday.Credit: Playtika Shares of Playtika, one of the world’s hottest mobile gaming startups, soared about 17 percent on the first day of trading Friday, after the company raised nearly $2 billion in a huge initial public offering on the Nasdaq Stock Market. The Israel-based maker of casino-style apps like Slotomania and World Series of Poker has more than 30 million active monthly users globally and generates about 70 percent of its business from gamers based in the United States. The biggest winners in the listing, though, are based in China. Playtika was once owned by the American hotel and casino giant Caesars Entertainment, but Caesars ran into financial trouble and, in 2016, sold the unit that owned Playtika to a consortium of Chinese investors, including the internet tycoon Jack Ma and his longtime business partner, Shi Yuzhu. The group paid $4.4 billion for the company. Now, following the Nasdaq listing, it’s worth more than three times that, at $13.5 billion, according to Capital IQ. TSubscribe or register to read the rest. Registered users can access a limited amount of content for free.Subscribers get full access to: Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else. A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times. A daily roundup of China finance, business and economics headlines. We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.