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Nevada Regulators Order Playgon to Cease Las Vegas Operations

Posted on July 30, 2024 | 7:35 am
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On July 26, 2024, Playgon Games, a prominent SaaS technology company known for its mobile live dealer technology, announced a significant setback as the Nevada Gaming Control Board (NGCB) issued an order to immediately halt operations at its Las Vegas studio. This directive comes as a substantial blow to Playgon, which has prided itself on high compliance standards within the gaming industry.

The cease-and-desist order specifically targets Playgon and its affiliate, Bitrate Productions, for operating without the necessary licenses. According to the NGCB, Bitrate has been engaging in live dealer activities for games like baccarat and roulette, which were broadcast globally to online casinos, exceeding the scope of their original business model intended for entertainment purposes as outlined in 2016.

Darcy Krogh, CEO of Playgon, expressed deep disappointment over the NGCB’s decision, highlighting the company’s commitment to compliance and the unforeseen impact on its operations and its 79 local employees. “The limited time frame provided by the NGCB has left us with no viable option to contest the order or seek a resolution without total disruption to our business for an extended period. We are forced to pursue other options for a studio location,” stated Krogh.

In response to the shutdown, Playgon has complied with the order and is currently exploring alternatives to minimize service disruption. This includes accelerating plans to expand studio operations into other jurisdictions that align with its commitment to quality service and regulatory compliance.

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Playgon Won’t Fight NGCB Decision

The company’s legal advisors maintain that Playgon’s operations were within legal boundaries, yet they have advised that challenging the NGCB’s authority could be complex and unlikely to succeed quickly. This situation places Playgon Games in a precarious position as it navigates the legal landscapes of gaming regulation while trying to sustain its business continuity.

Playgon’s approach to resolving this issue involves a strategic review and assessment of its operations to ensure compliance and continuity. The company aims to resume its services promptly and is committed to maintaining the high-quality service standards its clients expect.

This incident serves as a critical reminder of the intricate regulatory environment governing the gaming and online betting industries, particularly in regions like Nevada, known for its strict oversight. As Playgon adjusts its strategies, the broader implications for the industry include a heightened awareness of the need for meticulous compliance with state gaming laws and regulations.

Source:

, playgon.com, July 26, 2024.

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