Vancouver, B.C. – December 22, 2020 – Playgon Games Inc. (TSX-V: DEAL) (OTCQB: PLGNF) (Frankfurt: 7CR) and/or its subsidiaries (“Playgon” or the “Company”) is pleased to announce that it has entered the $2.9 billion* South African gaming market having completed the Software Licensing & Distribution Agreement with Intelligent Gaming (PTY) Ltd. (“IGL”), a fully-licensed manufacturer of gaming products in South Africa.
IGL is a top tier aggregator of content in the South African gaming market. Through their platform, IGL will distribute Playgon’s proprietary Vegas Lounge® premium suite of mobile live dealer casino games which have been uniquely designed for both the new gamer and operator in mind, offering lightening fast functionality and extensive player and Operator options, while being optimized for one-handed play in portrait mode.
In addition, IGL will onboard its first Operator, Supabets (www.supabets.co.za). Supabets is a leading sports betting and casino brand with a vast retail and digital business in South Africa and other African countries including Nigeria, Zambia, Ghana, Tanzania, and Zimbabwe. Supabets is one of the most popular online gambling companies in Africa, and continues to experience dramatic growth year after year.
“The African Gaming market is an incredible green field opportunity for Playgon’s product” states Darcy Krogh, CEO Playgon Games Inc. “As we commence commercial operations and begin to monetize our mobile focused live dealer games, we are excited to partner with one of the premier online gaming aggregators in South Africa and develop our business together in this expanding market.”
“We are always on the hunt for innovative new content to bring to our clients for the South African market” says Marc Plaxton-Harrison, CEO Intelligent Gaming Ltd. “Playgon’s live dealer product is well thought out from a players perspective in our mobile driven markeplace. We look forward to working with the team at Playgon.”
The South African Gaming Market is expected to generate gross gaming revenue in 2020 of R34.8 billion (CDN$2.9 billion) and is expected to grow by a 6% compound annual rate. Casino games alone make up 72% of the revenue generated from gaming. South Africa has a very healthy gambling industry. One in every ten South Africans participates in gaming. *
*www.techfinancial.co.za
About Intelligent Gaming (PTY) Ltd.
Intelligent Gaming (Pty) Ltd, a licensed manufacturer of gaming products was formed as a software development/software reseller company specializing in high technology software application development and sales within the Gaming industry. Their objective is to act as Technology Partner to companies operating in the retail and online gambling market, providing their customers with the highest quality software solutions and services together with all the tools they need in order to achieve their business goals. They are able to meet all of their customer requirements in accordance to the global market and worldwide internet communication rules by only developing and selling 4th generation technology, with the knowledge of the business and advanced architectures, they represent the most sophisticated software systems for the Gaming industry on the market today.
About Playgon Games Inc.
Playgon Games Inc. (TSXV: DEAL / OTCQB: PLGNF / FSE: 7CR) is a technology company focused on developing and licensing digital content for the growing iGaming market. The Company provides a multi-tenant gateway that allows online operators the ability to offer their customers innovative iGaming software solutions. Its current software platform includes Live Dealer Casino, E-Table games and Daily Fantasy Sports which through a seamless integration at the operator level allows customer access without having to share or compromise any sensitive customer data. As a true business to business digital content provider, the Company products are ideal turn-key solutions for online casinos, sportsbook operators, land-based operators, media groups, and big database companies.
For further information, please visit the Company’s website at www.playgon.com.
Playgon Games Inc.
Per: “Darcy Krogh”
Darcy Krogh, President and CEO
For further information, contact: Mike Marrandino, Director Tel: (604) 722-5225 Email: mikem@playgon.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Playgon Games Inc
