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Playgon Successfully Receives Gaming Laboratories International (GLI(R)) Certification for Its Live Dealer Games for Ontario
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2024) - Playgon Games Inc. (TSXV: DE...
About this update from Playgon Games, Inc.
[{"type":"text","content":"Playgon Successfully Receives Gaming Laboratories International (GLI(R)) Certification for Its Live Dealer Games for OntarioVancouver, British Columbia--(Newsfile Corp. - January 22, 2024) - Playgon Games Inc. (TSXV: DEAL) (OTC Pink: PLGNF) (FSE: 7CR) (\"Playgon\" or the \"Company\"), a propriety SaaS technology company delivering 'state of the art' mobile live dealer technology and eTable games to online gaming operators globally, is pleased to announce it has successfully received GLI game certification for its live dealer games in accordance with the Alcohol and Gaming Commission Ontario (\"AGCO\") technical requirements. Completing this certification, along with the previous GLI certification for the Las Vegas studio, positions the Company for the commercial launch into the growing Ontario online gaming market. Additional jurisdictions will be completed over time and in stages as required when the Company gets closer to customer launches; Currently they include Colombia, Italy and Mexico.Last year, iGaming Ontario reported that Ontarians wagered about $35.6 billion (CAD) in the first year of the market, https://igamingontario.ca/en/news/ontario-emerges-one-north-americas-largest-igaming-markets-first-year, a massive figure for the debut of online gaming in the province. It resulted in approximately $1.4 billion in total gaming revenue over that period, a figure that places the province in the top five of all North American jurisdictions, according to iGaming Ontario. Recently iGaming Ontario just released record breaking number through three quarters of their 2023 year, beating the 2022 numbers with wagering surpassing $45.4 billion, up 27.5%, and gaming revenues at $1.74 billion, up 24%, https://igamingontario.ca/en/news/igaming-ontarios-fy-2023-24-q3-market-performance-report. \"We are excited to be part of this growing North American market,\" comments Darcy Krogh, CEO of Playgon Games Inc. \"We have a number of commitments to take our VegasLounge™ live dealer offering into Ontario and this GLI certification, was the last step we needed prior to the launch in this market.\" Mr. Krogh adds, \"Casino gaming represents over 70% of wagering and revenues in Ontario so this gaming jurisdiction is absolutely a key market for us.\"Completion of Shares for Debt TransactionThe Company further announces that it has completed ...