Playgon Games Secures GLI Certification for Its Live Dealer Games

Posted on January 24, 2024 | 7:19 am
playgon-successfully-receives-gaming-laboratories-international-certification

Playgon Games, the Canadian company which delivers mobile live dealer technology and content to online casino operators, has announced that its live casino titles have received certification from Gaming Laboratories International (GLI).

The respective certification for the company’s live dealer games was a technical requirement from the Alcohol and Gaming Commission of Ontario, the regulator that is in charge of the gambling market in Canada’s most populous province.

The supplier already had GLI certification for its Las Vegas studio, a very important seal of approval from the world’s most trusted laboratory when it comes to verifying the fairness of online casino games. Playgon Games also announced that further certifications will be secured over time for other markets, including Colombia, Italy and Mexico.

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A Crucial Market

The Ontario market is a very important one for Playgon Games since in the first year of the market people in this province wagered over 35 billion Canadian dollars. That was described by Playgon Games as “a massive figure for the debut of online gaming in the province.”

Moreover, the first three quarters of 2023 brought record-breaking revenues for the Ontario iGaming market, with a total amount of 45.4 billion dollars. Gaming revenues also recorded a rise of 24 percent to 1.74 billion dollars.

Drcy Krogh, the Chief Executive Officer of Playgon Games, declared that the company is “excited to be part of this growing North American market” and revealed that the supplier already has “a number of commitments” with online casino operators in this market. “Casino gaming represents over 70% of wagering and revenues in Ontario so this gaming jurisdiction is absolutely a key market for us,” the Playgon Games CEO concluded.

In the same press release the live casino supplier also announced that it has completed the shares for debt transactions it had previously announced. The company issued 10,645,000 common shares in full and final settlement of 532,250 dollars in aggregate debt, an amount which represents interest owed at the end of 2023. All of the common shares were issued at a price of five cents per share.

Playgon Games has its headquarters in Vancouver and the company has also expanded in Ontario in 2023 after having secured a supplier license from the local regulator in order to offer its live casino content to licensed operators in the province.

Source:

, playgon.com, January 22, 2024.

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