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PLAYGON GAMES INC - PLGNF STOCK NEWS

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Playgon Games Inc. (PLGNF) is a proprietary SaaS technology company that focuses on delivering mobile live dealer technology to online gaming operators globally. The company saw increased growth in player activity in Q3 2023, indicating strong future revenue growth. Playgon is set to launch in Ontario and Latin America, with plans to enter new markets and develop new content.

In addition, Playgon announced a Proposed Convertible Debenture Financing of up to CAD$5,000,000 to fund ongoing sales and marketing efforts, enter new markets, develop new content, and for general working capital. The Company is also working on Gaming Labs Inc certification for games in several Latin American countries and is finalizing integration with a major European content aggregator for the Italian market.

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Playgon Games Inc. (OTCQB:PLGNF) is set to showcase its innovative Live Dealer technology at the upcoming Global Gaming Expo (G2E) in Las Vegas from October 4-7, 2021. The company has successfully integrated its platform with major operators and is expecting to expand its client base through exposure at the event. CEO Darcy Krogh expressed excitement about participating in the leading North American industry conference, aiming to further establish the company's presence in the iGaming market.

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Playgon Games Inc. (OTCQB: PLGNF) reported significant growth in operator count through its partnership with SWINTT. In September, Playgon onboarded 6 new operators, marking a 43% increase from August, bringing the total live operator count to 20. The rollout strategy with key aggregators is gaining traction, enhancing player liquidity on the platform. SWINTT’s launch of the SwinttLive product powered by Playgon is receiving positive feedback from operators, indicating strong market demand and further business opportunities.

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Playgon Games Inc. (OTCQB: PLGNF) provided a positive operational update, reporting a betting turnover of over $1.4 million in August, more than double July's figures. Since launching its Vegas studio in May, the company has onboarded 14 operators and anticipates adding 16 more by year-end. CEO Darcy Krogh emphasized significant growth in betting activity and an increase in average bet sizes, reflecting a successful commercialization phase. The company plans to expand its live tables from 15 to 25 and develop new game content as it aims for continued growth into Q4.

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Playgon Games Inc. announces that it has successfully added 7 new operators to its platform, bringing the total live operators to 14. With an additional 15 operators in the pipeline, the company is witnessing substantial interest in its Vegas Lounge live dealer technology. CEO Darcy Krogh highlighted the milestone of doubling operators in just six weeks as proof of demand. The company focuses on increasing user engagement and expanding its market position in the growing iGaming sector.

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Playgon Games Inc. (OTCQB: PLGNF) has announced the launch of its 7th operator, enhancing its global reach with mobile live dealer technology for online gaming. This milestone reflects growing adoption among operators and increased player engagement. CEO Darcy Krogh expressed optimism about the traction gained in the market and anticipates a rise in player counts as operators promote Playgon's innovative offerings. The company continues to leverage existing partnerships and has a robust pipeline for future growth.

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Playgon Games Inc. (OTCQB: PLGNF) provided a corporate update highlighting the onboarding of six gaming operators utilizing its mobile live dealer technology. In May 2021, the first operational month, the company reported over 6000 unique visitors and 220,000 bets placed. Additionally, Playgon has 23 more operators set to go live in Q3 2021. CEO Darcy Krogh noted strong early metrics and expressed optimism about capturing growth opportunities, especially in the US market, with an anticipated financial impact in Q3 2021.

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Playgon Games has secured a three-year software license and distribution agreement with Solid Gaming, part of the Gamesys Group Plc. This agreement allows Solid Gaming to market Playgon's mobile live dealer and E-table offerings. Integration is complete, with client onboarding starting immediately. The partnership aims to extend Playgon's reach in lucrative markets, enhancing revenue prospects. Solid Gaming, a leading aggregator focused on the Asian market, emphasizes the innovative nature of Playgon's offerings. This collaboration is positioned as a significant milestone for Playgon's growth strategy.

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Playgon Games Inc. (PLGNF) has launched its Vegas Lounge offering in collaboration with SWINTT, a subsidiary of Glitnor Group. This partnership, formalized through a three-year software licensing agreement, allows SWINTT to distribute Playgon's live dealer technology to operators. Initially, SWINTT will onboard 2 of the 93 operator brands they serve, with plans to expand to 20 more in the future. This integration positions Playgon to capitalize on the growing demand for mobile-focused casino games in the iGaming market.

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Playgon Games Inc. (PLGNF) has announced its successful launch in South Africa through a partnership with Intelligent Gaming (PTY) Ltd. IGL has received regulatory approval to offer Playgon's live dealer technology to South African operators, who are part of a gaming market valued at $2.9 billion. The initial operator, Supabets, is a leading sports betting and casino brand in the region. Playgon expects significant revenue growth from this launch, as demand for mobile gaming continues to increase. This strategic move aims to capitalize on the burgeoning mobile gaming sector in South Africa.

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Playgon Games Inc. (OTCQB:PLGNF) announces an investor webinar on April 22, 2021, at 1:00 PM EST. CEO Darcy Krogh and COO Steve Baker will discuss the company's commercialization strategy after receiving a Malta Gaming Association License. The session will include a question-and-answer segment. Playgon specializes in mobile live dealer technology for online gaming operators, offering solutions like Live Dealer Casino and E-Table games. This move indicates positive growth potential in the iGaming market.

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FAQ

What is the current stock price of PLAYGON GAMES (PLGNF)?

The current stock price of PLAYGON GAMES (PLGNF) is $0.0095 as of December 20, 2024.

What is the market cap of PLAYGON GAMES (PLGNF)?

The market cap of PLAYGON GAMES (PLGNF) is approximately 3.0M.

What does Playgon Games Inc. specialize in?

Playgon Games Inc. is a proprietary SaaS technology company focused on delivering mobile live dealer technology to online gaming operators globally.

What were the financial highlights for Playgon Games Inc. in Q3 2023?

During Q3 2023, Playgon saw increased growth in player activity and strong revenue growth, supported by key performance indicators.

What is the Proposed Convertible Debenture Financing announced by Playgon Games Inc.?

The Proposed Offering of up to CAD$5,000,000 in unsecured convertible debentures is intended to fund ongoing sales and marketing efforts, new market entries, content development, and general working capital.

What key markets is Playgon Games Inc. focusing on for expansion?

Playgon is focusing on launching in Ontario and Latin America, completing GLI certification in multiple Latin American countries, and finalizing integration with a major European content aggregator for the Italian market.

What sets Playgon Games Inc. apart in the iGaming market?

Playgon provides a multi-tenant gateway for online operators to offer innovative iGaming software solutions, including Live Dealer Casino and E-Table games, without compromising sensitive customer data.

PLAYGON GAMES INC

OTC:PLGNF

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PLGNF Stock Data

2.99M
240.57M
27.06%
Software - Application
Technology
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United States of America
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