myVegas Developer PlayStudios Raises $20 Million in Funding

Social casino game developer PlayStudios has announced it has raised $20 million in Series C financing to further the company’s growth. The round was led by Jafco Ventures, with participation from existing investors. PlayStudios is the company behind the popular casino titles myVegas Slots and myVegas Blackjack [pictured], with the latter launching at the beginning of October 2014.

PlayStudios offers gameplay experiences for both Facebook users and mobile players. The company has experienced year-over-year growth since its first product launch in late-2012, with its products being downloaded more than 18 million times.

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