Mobile-videogame company Playtika Holding Corp. said it is exploring strategic alternatives for its business, including a possible sale, amid a recent wave of industry consolidation.

Shares of Playtika rose more than 10% in after-hours trading to around $20 a share. The Israel-based developer and publisher, whose portfolio includes casino-style games such as “Caesars Slots,” “House of Fun” and “Poker Heat,” went public in January 2021 at $27 a share.

This post first appeared on wsj.com

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