Sign In  |  Register  |  About Santa Clara  |  Contact Us

Santa Clara, CA
September 01, 2020 1:39pm
7-Day Forecast | Traffic
  • Search Hotels in Santa Clara

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

InvestorNewsBreaks – Playgon Games Inc. (TSX.V: DEAL) (OTC: PLGNF) (FSE: 7CR) Releases 2022 Financial, Corporate Report

Playgon Games (TSX.V: DEAL) (OTC: PLGNF) (FSE: 7CR), a proprietary SaaS technology company delivering mobile live dealer technology to online gaming operators globally, is reporting on its financial and operational performance for the fiscal year ending Dec. 31, 2022. Financial highlights include revenues of CAD$957,745 from its Live Dealer platform, a 500% increase from the previous year; total wagering turnover for the year reached CAD$926.75 million, an increase of 300% from the previous year; total wager activity, or betspots, numbered 27.1 million bets, compared to 4.4 million bets during FY 2021; average daily turnover for FY 2022 came in at CAD$2.54 million, an increase of 180% over 2021; and average monthly player activity for the period was 17,820 compared to 7,200 during the year ended Dec. 31, 2021, a 150% increase. In addition, corporate highlights included the company’s announcement that it had applied for a Gaming Related Supplier — Manufactures License with the Alcohol and Gaming Commission of Ontario (the “AGCO”) and signed a software licensing and distribution agreement with Markor Technology, for Markor to add and market Playgon’s proprietary mobile first live dealer and E-table game offerings to its content library. The company also received certification for live dealer studio in accordance with GLI-19, Isle of Man, and Ontario technical requirements and signed a multijurisdictional software license and distribution agreements with global iGaming aggregator Pariplay Limited and EveryMatrix Software Ltd. In addition, the company noted that on Jan. 19, 2023, it closed a nonbrokered private placement of unsecured convertible debentures for gross proceeds of $2,095,000.

To view the full press release, visit https://ibn.fm/GB4tk

About Playgon Games Inc.

Playgon is a SaaS technology company focused on developing and licensing digital content for the growing iGaming market. The company provides a multitenant gateway that allows online operators the ability to offer their customers innovative iGaming software solutions. Playgon’s current software platform includes Live Dealer Casino, E-Table games and Daily Fantasy Sports, which, through a seamless integration at the operator level, allows customer access without having to share or compromise any sensitive customer data. As a true business-to-business digital content provider, Playgon products are ideal turnkey solutions for online casinos, sportsbook operators, land-based operators, media groups and big database companies. For more information about the company, please visit www.Playgon.com

NOTE TO INVESTORS: The latest news and updates relating to PLGNF are available in the company’s newsroom at https://ibn.fm/PLGNF  

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 SantaClara.com & California Media Partners, LLC. All rights reserved.