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.
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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
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