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Playgon Games Inc. - PLGNF STOCK NEWS

Welcome to our dedicated news page for Playgon Games (Ticker: PLGNF), a resource for investors and traders seeking the latest updates and insights on Playgon Games.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Playgon Games's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Playgon Games's position in the market.

Rhea-AI Summary
Playgon Games Inc. has received GLI game certification for its live dealer games, positioning the company for commercial launch into the Ontario online gaming market. The company plans to expand into additional jurisdictions such as Colombia, Italy, and Mexico. Last year, Ontarians wagered a significant amount in iGaming, indicating a potential growth opportunity for Playgon.
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Playgon Games Inc. (DEAL) Completes Non-Brokered Offering and Proposes Shares for Debt Settlement
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Playgon Games Inc. (TSXV: DEAL) (OTC Pink: PLGNF) (FSE: 7CR) announced the successful election of all five director nominees at the annual and special meeting of shareholders. The independent auditor and the 10% 'rolling' stock option plan were also approved. CEO Darcy Krogh expressed gratitude to shareholders and highlighted the company's achievements and growth in key performance indicators.
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Playgon Games Inc. (TSXV: DEAL) (OTC Pink: PLGNF) (FSE: 7CR) announces financial results for Q3 2023, reporting a 38% year over year increase in revenues, reaching $436,926 for the quarter. The net loss decreased to $3,940,02 for the quarter. The company also plans to complete a non-brokered private placement of unsecured convertible debentures for gross proceeds of up to CAD$5,000,000.
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Playgon Games Inc. (TSXV: DEAL) (OTC Pink: PLGNF) (FSE: 7CR) announces the launch of its new proprietary game called Odds UP Roulette®. This innovative mobile live dealer technology features 2 to 5 randomly generated Lucky Numbers in each game round, boosting multipliers from 50:1 to an impressive 1000:1 payout for players. The game offers better odds and more frequent and higher multipliers compared to similar games in the market, enhancing the gaming experience while aligning with standard return-to-player percentages.
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Playgon Games Inc. announces key milestones for Q3 2023 with increased player activity and wagering turnover. The company's quarterly wagering turnover increased by 10% to $449 million, and average daily wagering turnover increased by 9% to $4.9 million. Year over year, Playgon's live dealer tables have seen a 72% increase in wagers, reaching $1.2 billion in 2023. The completion of the shares for debt transaction involved the issuance of 32,045,130 common shares of the company in settlement of $2.2 million in debt.
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Playgon Games Inc. announces Q2 2023 financial results with strong revenue growth and increased player activity
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Playgon Games Inc. has been granted a license by the Alcohol and Gaming Commission of Ontario (AGCO) to supply iGaming and sports betting operators in Ontario with its mobile live dealer platform. Ontario's iGaming market reported $35.6 billion in wagers and $1.4 billion in gaming revenue in its first year, placing the province in the top five in North America. Playgon Games sees this as a major opportunity and plans to pursue the attractive Ontario market.
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Playgon Games Inc.

OTC:PLGNF

PLGNF Rankings

PLGNF Stock Data

5.27M
200.24M
30.02%
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