Playgon Games Inc says its live dealer casino platform Vegas Lounge is now live with SWINNT Malta Ltd
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SWINTT will offer Playgon's technology for three years and pay Playgon revenue based on a percentage of gross gaming revenue
For Playgon, Krogh said the move represents a shift into the company’s next phase of business development, which involves generating revenue and building out its customer base
Playgon Games Inc (CVE:DEAL) (OTCQB:PLGNF) (FRA:7CR) has announced that its proprietary Vegas Lounge offering, a live dealer casino games platform, is now live with SWINTT Malta Ltd, a subsidiary of Glitnor Group.
Playgon previously signed a software licensing and distribution agreement with SWINTT, under which SWINTT will offer Playgon's technology for three years and pay Playgon revenue based on a percentage of gross gaming revenue.
SWINTT will initially onboard two operators of its 93 brands through existing integrations, with an additional 20 anticipated in the future. All of SWINTT's operator brands now have access to Playgon's live dealer studio, the company said.
"We are thrilled to partner with a reputable aggregator brand in SWINTT who has an industry-experienced management team and ownership group," Playgon CEO Darcy Krogh said in a statement. "We are confident that we will see a rapid ramp-up in users playing our innovative live dealer product through this alliance as SWINTT continues to onboard their customers. Our technology is leading edge compared to the existing mobile live dealer products in the marketplace and we anticipate strong traction from operators and their players as we continue to license our iGaming solutions globally."
For Playgon, Krogh said the move represents a shift into the company’s next phase of business development, which involves generating revenue and building out its customer base.
"We're delighted to be delivering an industry-leading live dealer product in SwinttLive, powered by Playgon, to our customers and offering the best mobile-focused casino games on the market," SWINNT CEO David Mann said. "SWINTT is focused on providing the very best for players and operators alike and through SwinttLive we are raising the bar for live dealer products."
