- Enhanced graphics, VR, AR, cryptocurrency expected to fuel fast-growing iGaming industry
- PLGNF leverages technological innovation to provide B2B solutions for operators that deliver an authentic experience
- PLGNF platform currently hosts 26 operators, eight in integration & user acceptance testing (“UAT”) stage
- iGaming growth expected to reach $127.3 billion by 2027, CAGR of 11.94 percent
Playgon Games (TSX.V: DEAL) (OTCQB: PLGNF), a propriety SaaS technology company that delivers live dealer mobile technology to global online gaming operators, is on track to continue growing into 2022 by aligning with emerging technology trends outlined in a recent report (https://ibn.fm/raPVW).
According to the report, technological innovation delivers enhanced graphics, virtual reality (“VR”), increased security, and cryptocurrency payment options that benefit the iGaming industry. PLGNF, with its proprietary cloud-based technology, offers operators turnkey solutions that leverage technological advancements to deliver authentic gaming experiences to a growing user base driven online by COVID-19 lockdown policies.
Traditional games hosted in physical environments have mass appeal by blending visual and auditory elements that enhance the overall gaming experience. Today, technological innovation aims to duplicate that environment by replacing traditional games with RPG-themed versions, creating VR and AR environments, and offering live-dealer versions that deliver an element of social interaction to the iGaming experience.
As a result, growth in iGaming is skyrocketing, projected to reach $127.3 billion by 2027 at a CAGR of 11.94 percent, according to Grandview Research (https://ibn.fm/jBZHB). Accordingly, as the industry grows, legislation is emerging with stricter rules that protect users, giving dozens of institutions and bodies the ability to regulate gambling platforms, issue licenses, and impose fines on operators engaging in malpractice. As a result, trust in the iGaming industry is expected to increase with expectations that enhanced regulation will attract more users to the platforms.
PLGNF is in complete alignment with advancements in iGaming technology by providing a multitenant gateway that allows operators to deliver exciting gaming products on any device without sharing sensitive data or requiring an app store download. With 26 operators across four content aggregator clients in Europe and South Africa – and another eight operators at the UAT stage – the company’s cloud-powered platform is built to accommodate new demand easily.
The company’s software is 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.
PLGNF is led by CEO Darcy Krogh – a pioneer in developing browser-based digital content for the iGaming market. Krogh is joined by CPO Guido Ganschow, who brings 13 years of experience creating real-time, live-dealer technology and platforms. Together they are joined by COO Steve Baker, a former executive of Shaw Communications who grew revenue from $300 million to $2.8 billion during his tenure as VP at the company (https://ibn.fm/2uhx6). With more than three decades of iGaming experience and multiple successful exits, PLGNF’s management team is positioning the company to lead the hyper-growth iGaming market with a mix of strategy, value, and alignment with technological innovation.
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://ibn.fm/PLGNF
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.investorwire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork.