[4][5] Playground Games was founded by Gavin Raeburn,[6] Trevor Williams[7] and Ralph Fulton; the studio was announced in November 2009, with its opening scheduled for early 2010.

[8][9] Playground Games announced their first project, Forza Horizon, in 2012.

[12] In November, they announced they had leased St. Albans House in Leamington Spa, which would provide the new studio with more than 17,000 square feet of office space.

[15] In 2024, a third studio was opened in Lemington Spa to assist with the development of Fable.

[3][17][18] At the same time, Microsoft Studios also announced Forza Horizon 4, which would be released on 2 October 2018,[19] and that the studio was working on an unannounced AAA Open-World Action RPG project, later revealed to be in the Fable franchise.