Playgon Games Inc. (TSXV: DEAL), a reputable and well-established B2B brand delivers an exciting piece of news.
The company once again establishes itself as one of the leading brands sealing various partnerships. This time, the series of successes continues after the brand entered another leading market. The new move marks a major milestone for Playgon, which will further strengthen its position on the online gambling scene.
Making Canada Debut!
Playgon Games Inc. has secured another permit thanks to which it will strengthen its roots in Canada. The brand went live in Ontario where it secured its latest approval.
The Ontario market has recently been regulated, and many companies have already secured its approval and stepped into the most prominent province of Ontario. The Ontario iGaming market, characterized by its regulated framework, presents a dynamic landscape for online gaming and betting. With evolving technologies and diverse player preferences, it offers significant opportunities for operators to engage a broad audience while adhering to established guidelines.
However, the license was issued by the regulator of this province, the Alcohol and Gaming Commission of Ontario. The company will be allowed to offer its mobile-centric live dealer platform to iGaming and sports betting operators who have received provincial approval. This platform will be operated from the company's broadcasting studio located in Las Vegas.
Significant Approval For the Brand
Playgon has plans to forge ahead by forming partnerships with iGaming operators within this regulated jurisdiction. Their goal is to introduce their mobile-oriented live dealer technology, known as VegasLounge, to players in Ontario.
Playgon Games' president and CEO, Darcy Krogh, shared his opinion on this supplier license in Ontario adding that it marked a significant milestone for this giant: "Not only is it our first entrance into North America for our mobile first live dealer technology, we have significant interest for our product in this market that we will announce in due course. Ontario has quickly become among the top 5 iGaming jurisdictions in North America and live dealer tables accounted for 32 percent of the revenue generated within the online casino vertical, which makes it a very attractive market for us to pursue.“
Source:
''Playgon Games scores Ontario gaming-related supplier license'', stockhouse.com, August 21, 2023.
penderhippy 9 months ago Full Member
Playgon Games' approval by the Alcohol and Gaming Commission of Ontario is a significant milestone, opening doors to the promising Ontario iGaming market. Their focus on mobile-centric live dealer platforms and commitment to forming partnerships within this regulated jurisdiction showcases their strategic approach and anticipation...
Playgon Games' approval by the Alcohol and Gaming Commission of Ontario is a significant milestone, opening doors to the promising Ontario iGaming market. Their focus on mobile-centric live dealer platforms and commitment to forming partnerships within this regulated jurisdiction showcases their strategic approach and anticipation of considerable market interest. This move not only strengthens their position in North America but also reflects the importance of regulatory compliance and innovation in expanding their global footprint.
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BaneM 1 year ago Super Hero
Getting approved in Ontario is a true privilege and I'm sure Playgon will use it to the best of their abilities.
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JovanaV 1 year ago Moderator
Great to hear that Playgon Games got the green light from the Alcohol and Gaming Commission! Can't wait to explore their offerings in this exciting new phase!
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MilicaLCB 1 year ago Moderator
Playgon Games Inc. maintains its sequence of forming partnerships and expanding its market presence, reinforcing its standing in the online gambling sector through a successful entry into Canada's recently regulated Ontario market.
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Cinderella 1 year ago Hero Member
Congrats, this is surely one of the best decisions that the brand had.
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