Andrew Pascal

Co-Founder, Chairman and Chief Executive Officer PLAYSTUDIOS

Last Reviewed: September 25, 2026

Executive Summary

Andrew Pascal is co-founder, Chairman and Chief Executive Officer of PLAYSTUDIOS, the Las Vegas company behind free-to-play mobile casino, card and puzzle games such as myVEGAS, and the playAWARDS program that lets players earn real-world rewards from hotel, dining and entertainment brands. He co-founded the company in 2011 after running Wynn Las Vegas as its President and Chief Operating Officer, and he took it public through a SPAC merger in June 2021. He still controls the company: its 2026 proxy statement says he holds about 77% of the voting power. His career links two industries. He built casino software at WagerWorks, ran a Strip resort at Wynn, and now builds casino-style games whose rewards are paid out in real resort stays and meals.

Career Highlights

• Co-founder, Chairman and Chief Executive Officer of PLAYSTUDIOS since its founding in 2011; Chairman and CEO of the listed company since June 21, 2021.
• Took PLAYSTUDIOS public on Nasdaq through a business combination with Acies Acquisition Corp. that closed on June 21, 2021.
• Holds about 77% of PLAYSTUDIOS’ total voting power, according to the company’s 2026 proxy statement.
• President and Chief Operating Officer of Wynn Las Vegas from 2005, after joining in 2003 as Senior Vice President of Product Marketing and Development during the resort’s development.
• Led the development and launch of Encore Las Vegas in 2008.
• Founded WagerWorks, Inc., a casino solutions and content supplier, and was its President and CEO from 2001 to 2003; International Game Technology later acquired it.
• Bachelor of Arts in Economics from the University of Colorado, Boulder.

Professional Journey

Pascal studied economics at the University of Colorado, Boulder. The first company recorded in the filings is WagerWorks, Inc., which he founded to supply casino solutions and content to large gaming and media brands. He was its President and Chief Executive Officer from 2001 to 2003. After he left, International Game Technology bought the company.

In 2003 he joined Wynn Las Vegas as Senior Vice President of Product Marketing and Development, while the resort was still being built. He became President and Chief Operating Officer in 2005. In 2008 he led the development and launch of its sister property, Encore Las Vegas.

In 2011 he co-founded PLAYSTUDIOS and became its Chairman and CEO. The company makes free-to-play casual games for mobile and social platforms, including social casino, card and puzzle titles. Most of its revenue comes from players buying in-game virtual currency, plus in-game advertising. Its playAWARDS platform lets players redeem loyalty points for real rewards from hospitality, entertainment and leisure brands. That connects the games to the resort business he came from, and MGM Resorts International is a 14.9% holder of the Class A shares. On June 21, 2021, the original PlayStudios, Inc. completed a business combination with the SPAC Acies Acquisition Corp., and Pascal became Chief Executive Officer and Chairman of the listed company. Before closing he held a 9.8% interest in the SPAC’s sponsor, which he forfeited when the deal closed. Through Class B shares he holds roughly 77% of the vote.

Recent years have been harder. Net revenue fell to $235.1 million in 2025 from $289.4 million in 2024. In May 2026, after the stock traded below Nasdaq’s $1.00 minimum bid price, the company moved its listing to the Nasdaq Capital Market to get more time to comply. It delisted its warrants in June. Stockholders re-elected Pascal to the board in July and approved a reverse split range, and in September 2026 the company announced a 1-for-10 reverse split effective September 30. It also reported stock buybacks and a decision to shut down its sweepstakes product, The Win Zone, which will require an impairment charge of $3.0 million to $3.5 million.

Education

University of Colorado, Boulder

Bachelor of Arts, Economics