Playgon Games Has Received Gaming License in Ontario
$5,000 Welcome Bonus
Playgon Games, a digital content provider to the iGaming industry, has received a gaming license in the Canadian Province of Ontario. According to the Vancuver-based provider, the license has been approved by the Alcohol and Gaming Commission of Ontario (AGCO), the state authority competent for the legislation related to the gaming industry in the jurisdiction.
Mobile Gaming License Approved:
The license will reportedly allow Playgon to focus on delivering mobile live dealer technology to the iGaming and sports betting operators legalized in Ontario from its up-to-date broadcasting studio in Las Vegas Nevada. According to the company, the regulator’s approval of the gaming license will enable the Vancuver-based company to partner with iGaming operators and channel its comprehensive mobile live dealer technology brand VegasLounge™ to the fast-growing Ontario market.
Scope of Supply:
The license approval for Playgon Games will thus expand the scope of technology supplies available to the players in the Canadian province. Playgon is reportedly committed to development of digital content and provides the iGaming software solutions facilitating operators to diversify their offerings. The company’s portfolio including Live Dealer Casino, E-Table games and Daily Fantasy Sports represents an iGaming package capable of reaching a wide customer community.
Such reach will reportedly be targeted through B2B partnerships with the Ontario market participants. The provider boasts that its products represent an ideal turn-key solutions for online casino operators and sports books, as well as for land-based casinos, media, and data companies.
Going Live Soon:
The developer is reportedly now waiting for the launch in the province featuring a fast-growing online gaming market. According to iGaming Ontario, a total market handle in the first year of legalized gaming operations in the Canadian province amounted to around CAD $35.6 billion (US$26.3 billion) and generated the gross gaming revenue of about $1.4 billion in the FY 2022. These figures reportedly mark an impressive debut of online gaming market launched in Ontario in April 2022 and may be the reason for the latest move of the Vancuver-based developer.
Darcy Krogh, President and CEO of Playgon Games reportedly said:“Receiving our supplier licence for Ontario is another major milestone for our company and we are extremely excited for the opportunity in this market. 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.”
Krogh added: ‘‘Ontario has quickly become among the top 5 iGaming jurisdictions in North America and live dealer tables accounted
for 32% of the revenue generated within the online casino vertical which makes it a very attractive market for us to pursue.”
