Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) announces the availability of a broadcast titled, “Vegas Goes All In as Online Gambling Soars.”
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Since the federal government legalized online betting in 2018, states are increasingly warming up to the idea of online gaming, looking to seize a revenue and job-creation opportunity. To date, more than 30 states have abandoned moribund laws blocking online gambling and are now either live or in the process of launching sports betting and iGaming. According to MGM, the total addressable North American market (TAM) will reach $27.5 billion per year, broken down into $14 billion in online sports betting and $13.5 billion in iGaming. iGaming by definition involves any betting online on games of chance.
Playgon Games is the savvy upstart, recognizing that the current suppliers have overlooked mobile and offer largely the same or generically similar products. This pioneering Software-as-a-Service (SaaS) company has taken a business-to-business (B2B) strategy to provide a multitenant gateway allowing online operators the ability to offer their customers innovative iGaming software solutions that outclass the competition.