Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) — A Savvy Upstart in Growing Online Gambling Space
Almost everything in the online gaming market produces eye-popping numbers. Even pre-COVID, online gambling was accelerating at a brisk pace as ever more people discovered mobile apps and demand surged with the younger tech-savvy demographic. Enter the coronavirus pandemic in 2020 and millions more people suddenly became familiar with remote gaming. Operators were caught off guard by the tsunami of demand and continue to scramble to capture market share in the booming digital sector. As the technology continues to gain ground and more effectively recreate the casino experience, companies with innovative technologies and insight, such as Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) (Profile), are providing operators with a variety of new turnkey packages to capitalize on strong consumer demand. Other players in the space, including Bragg Gaming Group Inc. (NASDAQ: BRAG), DraftKings Inc. (NASDAQ: DKNG), Penn National Gaming Inc. (NASDAQ: PENN) and Wynn Resorts Limited (NASDAQ: WYNN), are also focused on making the most of a variety of opportunities in the burgeoning online gambling market.
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