Vancouver, British Columbia--(Newsfile Corp. - September 6, 2022) - Playgon Games Inc. (TSXV: DEAL) (OTCQB: PLGNF) (FSE: 7CR) ("Playgon" or the "Company"), a propriety SaaS technology company delivering state of the art mobile live dealer technology to online gaming operators globally, is excited to announce new corporate milestones for the month of August.
Playgon's player activity continues to scale on our live dealer tables, and in August we surpassed $101 million in player betting turnover, which represents approximately $3.2 million+ per day, a Playgon best since we launched in May 2021. This representing a 23% increase for both key performance indicators (KPI's) from last month. This is the third consecutive month that our live dealer tables have generated new records for the company. Operator net win was also up 32% from July setting another monthly milestone.
"We continue to see record KPI's in player activity in our third quarter," said Darcy Krogh, President and CEO of Playgon Games. "In each of the past three months, player activity momentum continues to set new milestones for Playgon, confirming rapid adoption from our customers and industry acceptance in our proprietary 'mobile first' live dealer tables games. Our confidence in our monthly record setting pace is expected to continue and grow with our healthy pipeline of integrations and on-boarding of new gaming operators in the coming weeks and months."
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 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, the Company's 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
Email: mikem@playgon.com
Forward-Looking Statements
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. Forward-looking statement also include player wagering activity as a metric to define growth such as player handle or turnover which is defined as the total (gross) amount wagered by players over a period of time. 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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