Vancouver, British Columbia--(Newsfile Corp. - June 9, 2022) - Playgon Games Inc. (TSXV: DEAL) (OTCQB: PLGNF) (FSE: 7CR) and/or its subsidiaries ("Playgon" or the "Company"), a SaaS technology company focused on delivering mobile live dealer technology to online gaming operators worldwide, has signed through its distribution partner a software license and distribution agreement with global iGaming supplier Markor Technology.
With a broad multi-vertical portfolio that includes state-of-the-art iGaming platform (PAM) & white label solutions, game aggregation and managed services, Markor Technology's products are driven by data science and machine learning automation and have been adopted by premium partners such as BetVictor, 1XBet, Videoslots and FSB Technology.
Under the terms of the agreement, Markor Technology will add and market Playgon's proprietary mobile-first live dealer and E-table offerings under the Vegas Lounge brand, to its content library for availability and distribution to all of Markor Technology's global client base. The agreement is for three years with license fees based on commercial revenue sharing rates. Integration work is already complete and client testing and on-boarding will start immediately.
Melissa Summerfied, CEO at Markor Technology, said: "In Playgon we've found an innovative supplier that matches our own ambitions of providing a game-changing, innovative and premium experience to players. Vegas Lounge, their impressive portfolio of live dealer games streamed from Las Vegas, is unique in the market and their mobile-first approach to technology ensures a smooth, authentic experience on the go. We are excited to partner with Playgon and we are looking forward to achieving great milestones together."
"We are delighted to team up with Markor Technology," said Darcy Krogh, President and CEO of Playgon Games. "I first met up with the Markor team in London at this years ICE conference in April and was impressed with their strategy and vision. They are an experienced team with significant client reach and have already secured a few key customer accounts through their network and look forward to many more in the future."
About Playgon Games Inc.
Playgon Games Inc. (TSXV: DEAL) (OTCQB: PLGNF) (FSE: 7CR) is a SaaS technology company focused on developing and licensing digital content for the growing iGaming market. The Company provides a multi-tenant gateway that allows online operators the ability to offer their customers innovative iGaming software solutions. Its current SaaS 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, the Company products are ideal turn-key solutions for online casinos, sportsbook operators, land-based operators, media groups, and big database companies.
For further information, please visit the Company's website at www.playgon.com.
For further information, contact: Mike Marrandino, Director
Tel: (604) 722-5225
This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, intends, plans, or similar expressions. Forward-looking statements are not guaranteeing of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except for historical facts, the statements in this news release, as well as oral statements or other written statements made or to be made by Playgon, are forward-looking and involve risks and uncertainties. In the context of any forward-looking information please refer to risk factors detailed in, as well as other information contained in the Company's audited financial statements for the year ended December 31, 2021 and Management Discussion and Analysis for the year ended December 31, 2021 and other filings with Canadian securities regulators (www.sedar.com).
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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