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.
Global Online Gambling Market Revenues Expected to Double in Upcoming Years
PALM BEACH, Fla., Dec. 22, 2020 /PRNewswire/ The shutting down of the casinos in Las Vegas and around the world, because of the pandemic, hasn t really hurt the market, due to the rapid expansion of online options. In fact, experts project that its rate of growth will be substantial in the near future and beyond. A report from Statista said that: The global online gambling market is anticipated to be valued at more than 92.9 billion U.S. dollars in 2023. The current size of the market is almost 59 billion U.S. dollars,
Palm Beach, FL – December 22, 2020 – The shutting down of the casinos in Las Vegas and around the world, because of the pandemic, hasn’t really hurt the market, due to the rapid expansion of online options. In fact, experts project that its rate of growth will be substantial in the near future and beyond. A
report from Statista said that: “The global online gambling market is anticipated to be valued at more than 92.9 billion U.S. dollars in 2023. The current size of the market is almost 59 billion U.S. dollars,
meaning the size is forecast to double in the upcoming years.” Their report continued: “Online gambling consists of playing casino games, poker and/or sports betting via the internet. Due to factors such as the advancement of technology available (for example smartphones and apps), higher trust of gamblers paying online, and the increasing digitization of the world, the online gambling market is seeing growth in many regions. After sports betting was lega