Playgon Games Named to TSX Venture 50 List of Fastest Growing Companies
Vancouver, B.C. - TheNewswire - February 24, 2021 - Playgon Games Inc. (TSXV:DEAL) (OTC:PLGNF) (Frankfurt:7CR) and/or its subsidiaries (“Playgon” or the “Company”), a technology company focused on delivering mobile live dealer technology to online gaming operators, is pleased to announce that it has been named as one of the Venture 50 Companies for 2020 by the TSX Venture Exchange. Playgon is recognized as one of the fastest growing venture companies publicly listed on the TSX Venture Exchange in the Technology Sector with a share price increase of 257% in 2020.
“We are pleased to be recognized by the TSX Exchange as one of the fastest growing venture companies over the course of 2020,” said Darcy Krogh, CEO of Playgon Games. “We are at the early stages of our growth and are gratified that we have been able to successfully articulate to investors the unique proposition we are bringing to the market and the immediate need from gaming operators for an innovative and exciting premium mobile Live Dealer technology. Live Dealer is the fastest growing segment of the online casino gaming market, expected to exceed $8 billion by 2023.* We look forward to continuing to update the market throughout 2021 with exciting new licensing agreements, partnerships, growth strategies and game offerings.”
The 2020 TSX Venture 50 is a ranking of the top performers on the TSX Venture Exchange over the last year. The ranking is comprised of 10 companies from each of the five industry sectors, selected based on three equally weighted criteria; market capitalization growth, share price appreciation, and trading volume.
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.
This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, intends, plans, or similar expressions. Forward-looking statements are not guaranteeing of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except for historical facts, the statements in this news release, as well as oral statements or other written statements made or to be made by Playgon, are forward-looking and involve risks and uncertainties. In the context of any forward-looking information please refer to risk factors detailed in, as well as other information contained in the Company's audited financial statements for the year ended December 31, 2019 and Management Discussion and Analysis for the year ended December 31, 2019 and other filings with Canadian securities regulators (www.sedar.com).
For further information, please visit the Company's website at www.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.