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Playgon Games (TSXV:DEAL) enters licensing and distribution agreement with Markor Technology

Media, Technology
TSXV:DEAL
09 June 2022 01:15 (EDT)
Playgon Games Inc.

Playgon Games Inc.

Playgon Games Inc. (DEAL) has signed a software license and distribution agreement with global iGaming supplier Markor Technology.

The gaming company, or Software as a service (SaaS) technology company deals with delivering mobile live dealer technology to online gaming operators around the world.

Markor Technology’s products, on the other hand, are driven by data science and machine learning automation. The company’s products have been adopted by premium partners such as BetVictor, 1XBet, Videoslots and FSB Technology.

Based on the information in the agreement, Markor Technology will add and market Playgon’s proprietary mobile-first live dealer and E-table offerings under the Vegas Lounge brand, to its content library for availability and distribution to all of Markor Technology’s global client base.

The agreement is for three years with license fees based on commercial revenue sharing rates. Integration work is complete, and client testing and onboarding will start immediately.

Melissa Summerfied, CEO at Markor Technology, said, “In Playgon, we’ve found an innovative supplier that matches our own ambitions of providing a game-changing, innovative and premium experience to players.”

“We are delighted to team up with Markor Technology,” said Darcy Krogh, President and CEO of Playgon Games.

“They are (Markor) an experienced team with significant client reach and have already secured a few key customer accounts through their network and look forward to many more in the future,” added Krough.

Playgon Games Inc. provides a multi-tenant gateway that allows online operators the ability to offer their customers innovative iGaming software solutions.

Playgon Games Inc. (DEAL) is in the grey, trading at C$0.08 at 12:35 pm EST.

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