Playtika Holding Corp (NASDAQ: PLTK) is an online gaming company that went public on the NASDAQ in January 2021. Our research indicates that the company was recklessly stripped of its cash and loaded with debt just prior to its initial public offering. PLTK is basically the only major mobile gaming company with a huge debt balance. we believe PLTK’s short-termism comes at the expense of lasting shareholder and business value. Looming regulatory risks and an aggressive monetization strategy make the business unsustainable. We consider PLTK’s insiders’ debt-financed dividend payment and plans to sell as indicative of their intent to extrac.