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Playgon Games Reports Increased Wagering Activity at Its Live Dealer Tables

Posted on October 31, 2023 | 8:24 am

Playgon Games, the Canadian iGaming supplier which focuses on delivering mobile live dealer technology and content to online casino operators, has announced its performance data for the third quarter of 2023.

The Canadian company reported in a press release that player activity has continued to increase at its live dealer tables compared both to the previous quarter and to the same quarter of last year.

In fact, quarterly wagering turnover went up to 449 million dollars in the third quarter from 409 million in the second quarter, marking an increase of 10 percent. Average daily wagering turnover also went up by 9 percent to 4.87 million dollars in the third quarter from 4.48 million dollars in the second quarter.

The first three quarters of 2023 have brought in wagering activity worth 1.2 billion dollars at Playgon’s live dealer tables, a figure which represents an increase of 72 percent from the 697 million dollars that were attracted at the tables in the first three quarters of 2022.

Darcy Korgh, the Chief Executive Officer of Playgon Games, attributed the good results to the company’s strong sales and integration pipeline. Moreover, earlier this year the company secured a supplier license in Ontario, significantly growing its customer base as a result.

“The industry remains strong and Playgon is well positioned to participate in the ongoing growth,” the Playgon Games CEO added, while also revealing that the company will be announcing new live dealer games and new partnerships in the immediate future.

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Shares For Debt Transaction Completed

In the same press release, Playgon Games also announced that it has completed a shares for debt transaction that was announced in July. As part of that transaction, the Canadian company issued over 32 million common shares in a full settlement of 2,2 million dollars in aggregate debt, representing short term loans, trade payables and bond fees that were due.

The company also mentioned that 10.3 million shares out of the total 32 million were issued to parties related to Playgon. The common shares were issued at a price of 7 cents per share. The brand also recorded impressive growth in the second quarter of 2023, when it generated revenues of 413,388 dollars, significantly higher than the 216,881 dollars it had managed to bring in during the second quarter of 2022. The developer currently offers Roulette, Blackjack and Baccarat, all streamed live from Las Vegas with professional dealers at the table and with a broadcast that is optimized for mobile devices.


“Playgon Games Announces Third Quarter Player Activity Milestones“,, October 24, 2023.

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