This week, prominent SaaS technology provider, Playgon, which focuses on supplying mobile live dealer technology to operators, announced that it has completed systems integration with Pariplay. The latter is a subsidiary of NeoGames and is a popular aggregator and content provider that collaborates with over 150 operators and delivers innovative content to them.
Based in B.C., Canada. Playgon is devoted to creating and licensing digital content for the expanding iGaming sector. It offers a multi-tenant gateway, allowing internet operator to provide their customers with innovative software solutions. Its software platform features Live Dealer Casino, E-Table games, and Daily Fantasy Sports, integrated via a seamless launch for operators.
*Terms of the Two-Year Deal
According to the terms of the new agreement, which will be in motion for two calendar years, Pariplay will implement the provider’s proprietary mobile-first live dealer and E-table products under the VegasLounge™ brand to its collection of iGaming content. Thus, making the new titles available for distribution to all of Pariplay’s international client base in legal jurisdictions.
Darcy Krogh, President and CEO of the B.C. iGaming provider of games said the completion of the integration will give the company access to prominent markets and new markets that they are chasing through their aggregation platform. She is now eager to start working with the team at Pariplay to onboard new operators and expects it to accelerate the supplier’s growth.
Meanwhile, Ashley Bloor, Director of Partnerships at Pariplay, praised the provider for its live-dealer titles which have a unique sport in the sector. She said the company was pleased to be able to add those titles to its catalogue of games through the industry-leading Fusion® platform. She added It was yet another positive step forward for the company’s portfolio.
*Recapping Q3 of 2022
Over the last year, Playgon demonstrated some impressive fiscal results which corresponded to its continued growth across markets. For instance, in the third quarter of 2022, the company disclosed revenue of CA$316,222. It also reported total revenues of CA$673,980 for the nine months that ended on September 30, 2022, from its Live Dealer Platform.
Meanwhile, the net loss for the quarter reached CA$4,199,472, which is more than the one from Q3 of 2021 with CA$3,569,871. The gaming provider also informs that it continues its investment into its Live Dealer technology by increasing its development team and Las Vegas studio staff costs to CA$2,240,926. In comparison, costs were CA$1,483,336 in Q3 of 2021.
At the end of September 2022, the company also informed that its subsidiary VegasLounge has gone online with Markor Technology. The agreement between the two companies dates back to June 2022, and it has now come to fruition as the proprietary live dealer game subsidiary has now gone live with the provider of B2B and B2C technology solutions.