- PLGNF recently featured on Network News Audio’s broadcast “Digitization Reshaped Ecommerce First, Now Moving to Online Gaming”
- COVID-19 spurred significant iGaming industry growth in 2020, demand projected to continue increasing as new users come online
- PLGNF develops and licenses digital content for global iGaming market
- Proprietary technology enables seamless integration at operator level, allows user access without sharing sensitive data or requiring app store download
- Global iGaming revenue expected to grow from $75 billion in 2021 to $127.3 billion by 2027 at a CAGR of 11.94%
Playgon Games (TSX.V: DEAL) (OTCQB: PLGNF), a SaaS technology company that delivers proprietary live dealer mobile technology to global online gaming operators, was recently featured on Network News Audio’s “Digitization Reshaped Ecommerce First, Now Moving to Online Gaming” broadcast (https://nnw.fm/KY9FT).
The broadcast details the massive industry shift that occurred throughout 2020, driven by lockdowns that flooded networks with users looking for digital gaming content and entertainment. When contrasted with the early days of e-commerce, iGaming appears to be on a similar trajectory with historically sluggish growth that is hitting a stage where demand will chart vertically in a “hockey stick” formation as more users come online.
With an eye on capitalizing on market growth, PLGNF is developing and delivering digital gaming content to meet the exploding demand for B2B solutions. With a team of more than 80 people and growing, the company provides turn-key gaming solutions and a multitenant gateway that allows online operators to offer customers innovative iGaming products without sharing sensitive data or requiring an app store download. The platform currently hosts 26 operators across four content aggregator clients in South Africa and Europe, with another eight operators in the queue to be on-boarded.
PLGNF’s current software platform is cloud-based for scalability, mobile-focused, device-agnostic, and built for one-handed play in portrait mode only. Current offerings include live-dealer table games broadcast from their state of the art Las Vegas studio and a complimentary suite of eTable games based off their live versions. More games are in the development pipeline, with an expected release of an additional suite of games of both live and eTable versions in the near future, including craps, sicbo, hold ‘em poker, and 3-card poker.
According to Grandview Research, global revenue in iGaming is expected to grow from $75 billion in 2021 to $127.3 billion by 2027 at a CAGR of 11.94%. Industry growth, spurred by COVID-19, is expected to be further catalyzed by technological advancements, rapidly evolving regulations, and demand from a younger tech savvy demographic with familiarity in digitized environments.
PLGNF is led by CEO Darcy Krogh, a pioneer in developing browser-based digital iGaming content for the iGaming market. Live-dealer technology expert Guido Ganschow joins Krogh as company CPO, bringing 13 years of experience in creating real-time, live-dealer technology and platforms. Rounding out the team as COO is Steve Baker, former VP of Shaw Communications, who was integral in growing Shaw’s revenue from $300 million to $2.8 billion during his tenure at the company.
PLGNF develops turn-key solutions for online casinos, land-based operators, sportsbook operators, media groups, and big database companies. With a portfolio of IP-protected assets and high barriers to entry, the company is positioned favorably within the hyper-growth iGaming industry.
To hear the AudioPressRelease, please visit The NetworkNewsAudio News Podcast (https://nnw.fm/xnJhQ).
To view the full editorial, visit https://nnw.fm/KY9FT
For more information, visit the company’s website at www.Playgon.com.
NOTE TO INVESTORS: The latest news and updates relating to PLGNF are available in the company’s newsroom at https://nnw.fm/PLGNF
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