Playgon Games concludes license and distribution agreement with Relax Gaming

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Vancouver, British Columbia – (Newsfile Corp. – January 12, 2022) – Playgon Games Inc. (TSXV: DEAL) (OTCQB: PLGNF) (FSE: 7CR) and / or its affiliates (“Playgon” or the “Company”), a SaaS technology company focused on providing mobile live dealer technology to online gaming operators worldwide, is pleased to announce that ‘she signed a multi-jurisdictional software license and distribution agreement with Relax in the Game.

Under the terms of the agreement, Relax Gaming will add and market Playgon’s exclusive mobile live dealer and electronic table games offers under the VegasLounge ™ brand, to its library of content for availability and distribution to all customers. World of Relax Gaming. The agreement is for three years with license fees based on commercial revenue sharing rates. Integration work will begin imminently with the onboarding of customers scheduled for early 202.

Formed in 2010, Relax Gaming has grown into a market-leading iGaming aggregator that provides operators with unique digital content from its proprietary catalog, as well as content from handpicked third-party partnerships, which will include Playgon. Relax Gaming supports some of the biggest gaming brands in the online gaming market and is recognized as a multiple award-winning aggregator, with recent accomplishments in 2021 including, EGR Innovation in mobile and Casino software provider.

“We are absolutely delighted to have entered into an agreement with Playgon,” said Simon Hammon, Product Manager at Relax Gaming.

“This is an incredibly talented and forward thinking company renowned for taking entertaining live dealer games to the next level.

“We are delighted to formalize this relationship with Relax Gaming. This is a meaningful deal for Playgon, which further validates the innovation we bring to the live dealer market, ”said Darcy Krogh, President and CEO of Playgon Games. “This partnership will give our direct reseller product broad reach in key lucrative markets through Relax’s premier customer accounts as it is their first and only integrated direct reseller product. We anticipate that this partnership will play an important role in our revenue growth this year. “

About Playgon Games Inc.

Playgon Games Inc. (TSXV: DEAL) (OTCQB: PLGNF) (FSE: 7CR) is a SaaS technology company focused on the development and licensing of digital content for the growing iGaming market. The Company provides a multi-tenant gateway that enables online operators to offer their customers innovative iGaming software solutions. Its current SaaS platform includes Live Dealer Casino, E-Table games and Daily Fantasy Sports which, through seamless operator-level integration, enable customer access without having to share or compromise sensitive customer data. . As a true business-to-business digital content provider, the company’s products are ideal turnkey solutions for online casinos, sports betting operators, land operators, media groups and large database companies. .

For more information, please visit the company’s website at www.playgon.com.

About Relax Gaming

Relax Gaming Group was founded in 2010 with the goal of simplifying the delivery of B2B content for the modern iGaming landscape. With business simplicity and collaboration at the heart of its philosophy, its rapid and sustained expansion was designed to deliver unprecedented global reach.

Through a quick and unique integration, Relax Gaming now provides access to a roster of over 3,000 casino games and a diverse range of exclusive products, including poker, bingo and its own portfolio of slots. High-quality, aggregated content from over 75 partner studios is provided by its selected partners Silver Bullet (commercially represented) and Powered By Relax (commercially independent).

Regulated markets are also at the heart of its growth strategy, with licenses held in several jurisdictions including: the Malta Gaming Authority, the Gibraltar Licensing Authority, the UK Gambling Commission and the Romanian National Gaming Office (ONJN). In addition to licensed operations, Relax Gaming fully supports regulated markets such as Denmark, Sweden, Estonia and Latvia.

Relax Gaming was acquired by Kindred Group in July 2021, valuing the company at over 300 million euros. The acquisition accelerates Kindred’s strategy to focus more on product and customer experience, as well as to strengthen Kindred’s product control and product differentiation capabilities.

For more information, please visit www.relax-gaming.com.

For more information, contact:

Mike Marrandino, Director
Phone. : (604) 722-5225
Email: [email protected]

Virtus Advisory Group
Phone. : (416) -644-5081
Email: [email protected]

Business communication :

Investor Brand Network (IBN)
Los Angeles, California
310.299.1717 Office
[email protected]
www.InvestorBrandNetwork.com

Forward-looking statements: This press release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believe, expect, anticipate, estimate, intend, plans or similar expressions. Forward-looking statements are not guarantees 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 various risks and uncertainties and other factors that could cause actual events or results to differ. substantially from those projected in the forward-looking statements. statements. Forward-looking statements also include the betting activity of players as a measure to define growth such as number of players or turnover which is defined as the total (gross) amount bet by players over a period of time. time. Except for historical facts, the statements contained in this press release, and any oral 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 the risk factors detailed in, as well as to other information contained in the audited financial statements of the Company for the year ended December 31, 2020 and the MD&A for the fiscal year ended December 31, 2020 and other filings with Canadian securities regulatory authorities (www.sedar.com).

Neither the 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109761

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