Playgon Games, Inc. (TSE:DEAL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Playgon Games Inc. has reported a significant year-over-year revenue growth of 54%, reaching $1.47 million in 2023, while slightly reducing its net loss by 2%. The company’s total wagering turnover surged by 73% to $1.6 billion, driven by successful integrations with major platforms like EveryMatrix and Pariplay, as well as the launch of innovative gaming products such as Odds UP Roulette. Playgon has also strengthened its market position by securing a license from the AGCO, facilitating its expansion into the regulated Ontario iGaming market.
For further insights into TSE:DEAL stock, check out TipRanks’ Stock Analysis page.