Playgon Signs Multi-Year Software Development and Licensing Agreement with Studioworks OÜ to Deliver Live Dealer Technology
MWN-AI** Summary
Playgon Games Inc. has announced a strategic multi-year Software Development and License Agreement with Estonia-based Studioworks OÜ, a prominent player in the live dealer gaming sector. This agreement allows Studioworks to license Playgon’s legacy Live Dealer Solution while Playgon develops customized components for Studioworks' interactive gaming platform.
Under the agreement, Playgon will provide comprehensive support, which includes system setup, integration, ongoing maintenance, and technical performance management. Additionally, Playgon will facilitate connections to Studioworks' systems and third-party services, ensuring a seamless and high-quality live-dealer experience for both operators and customers. In this partnership, Studioworks will be responsible for underwriting operational costs associated with the live dealer studio, while Playgon will receive licensing fees for its technological infrastructure.
Darcy Krogh, CEO of Playgon Games, expressed optimism about partnering with Studioworks, highlighting it as a significant step for Playgon, which has recently upgraded its platform and expanded its game offerings. The partnership aims to foster long-term scalability and generate consistent contractual revenue as platform activity expands.
Craig Hilton, CEO of Studioworks, noted that after a year-long search for an innovative software partner, they found Playgon to be the ideal choice for delivering exceptional user experiences, particularly in the mobile space. This collaboration is set to enhance Studioworks' live dealer products, tapping into substantial growth potential within the iGaming market.
This agreement signifies a promising convergence of expertise between Playgon’s technology and Studioworks' operational capabilities, positioning both companies for potential growth in the competitive online gaming industry.
MWN-AI** Analysis
Playgon Games Inc.'s recent multi-year Software Development and License Agreement with Studioworks OÜ marks a pivotal development in the company’s trajectory within the iGaming sector. This collaboration will leverage Playgon's legacy Live Dealer Solution to support Studioworks' interactive gaming platform, positioning Playgon to benefit from potential long-term revenue streams amidst a growing market.
From a market perspective, this partnership is noteworthy for several reasons. First, it reflects a significant shift toward innovative, mobile-focused gaming solutions—an area where Studioworks acknowledges a lack of industry change. Playgon's technology is set to enhance user experience, a critical factor in attracting and retaining players in the competitive online gaming landscape. With Studioworks underwriting operational expenses and taking ownership of the studio environment, Playgon reduces its risk while still tapping into lucrative licensing fees.
Additionally, as Playgon resumes active operations following a hiatus for platform enhancements, this agreement serves as a strategic stepping stone towards scalability and market penetration. With the ongoing evolution of the iGaming industry and the increasing demand for high-quality live dealer solutions, Playgon's offerings could see heightened interest among global operators seeking to differentiate themselves.
Investors should consider this agreement as part of Playgon’s broader growth strategy and its potential to generate recurring revenue. The collaboration also positions the company favorably within a sector expected to continue expanding, thanks to technological advancements and a shift in consumer preferences toward interactive and immersive gaming experiences.
Overall, this partnership could enhance investor sentiment and provide an opportunity for Playgon to solidify its standing as a key player in the iGaming market. Continued monitoring of the partnership's execution and market response will be critical for assessing its impact on Playgon's financial viability and stock performance.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2025) - Playgon Games Inc. (TSXV: DEAL) (OTC Pink: PLGNF) (FSE: 7CR) ("Playgon" or the "Company"), a proprietary SaaS technology company delivering a 'state of the art' mobile live dealer technology and eTable games platform to online gaming operators globally is pleased to announce that it has executed a multi-year Software Development and License Agreement with Studioworks OÜ, a leading Estonia-based provider of branded live-dealer studio environments for the global iGaming market. Under the agreement, Studioworks will license Playgon's legacy Live Dealer Solution and engage Playgon to develop custom components supporting Studioworks' interactive gaming platform.
Under the terms of the Agreement, Playgon will deliver and fully support its legacy Live Dealer Solution for Studioworks, including all system setup, integration work, and ongoing platform maintenance. Playgon will manage the installation, testing, and operation of the software, develop required connections to Studioworks' systems and third-party services, and assist with the integration of Studioworks' promotional content and branding within the live-dealer interface. The Company will also oversee server management, updates, and technical performance while providing Studioworks with secure remote access and the necessary infrastructure to ensure a stable, high-quality live-dealer experience for operators and end users.
Studioworks will underwrite all operational expenses of the live dealer studio environment subject to Playgon receiving licensing fees for the use of its technology. Playgon's role is limited to the provision and support of its software platform and does not include ownership or operation of the studio facilities. This partnership is designed to align the interests of both parties, support long-term scalability, and generate consistent contractual revenue for Playgon as platform activity grows.
"We are pleased to partner with Studioworks, an organization with deep expertise in branded live-dealer studios and turnkey content delivery," said Darcy Krogh, CEO of Playgon Games. "This agreement marks an important milestone as Playgon returns to active operations following a lengthy hiatus during which we enhanced our platform and expanded our games portfolio. We look forward to working closely with Studioworks to drive long-term recurring revenue and further demonstrate the scalability and global commercial potential of our legacy Live Dealer Solution."
''As part of the imminent rollout of the new and unique Live Dealer product, Studioworks have throughout 2025 been searching for an innovative software partner to deliver an unparalleled user experience on a mobile focused level. Having operated in the Live Dealer sector of iGaming for 8 years and seeing very little industry change, Studioworks have spent all of 2025 developing new and exciting products," said Craig Hilton, CEO of Studioworks. "Playgon Games have shown to be by far the best option for content delivery for us. We are exponentially pleased to commence this partnership, we see real long-term value in Playgon's software and major growth potential for our innovative product with their support."
About Studioworks OÜ
Studioworks is a live casino gaming studio operator based in Tallinn, Estonia that specializes in providing live dealer streaming solutions for the online gaming industry. The company runs professional broadcast-grade studios offering a wide range of live casino table games such as roulette, baccarat, blackjack and other offerings, with branded suites and turnkey integration options for gaming operators. They focus on high-quality, real-time live dealer content delivered directly from their facilities to operators' platforms. For further information, please visit the Company's website at www.studioworks.ee.
About Playgon Games Inc.
Playgon is a SaaS technology company focused on developing and licensing digital content for the growing iGaming market. The Company provides a multi-tenant gateway that allows online operators the ability to offer their customers innovative iGaming software solutions. Its current software platform includes Live Dealer Casino and E-Table games, which through a seamless integration at the operator level, allows customer access without having to share or compromise any sensitive customer data. As a true business-to-business digital content provider, the Company's products are ideal turn-key solutions for online casinos, sportsbook operators, land-based operators, media groups, and big database companies. For further information, please visit the Company's website at www.playgon.com.
For further information, contact:
Mike Marrandino, Director
Tel: (604) 722-5225
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279105
FAQ**
How does the multi-year Software Development and License Agreement with Studioworks OÜ enhance Playgon Games Inc.'s competitive position in the mobile live dealer technology market, especially in relation to "Playgon Games Inc. DEAL:CC"?
What specific innovations or enhancements to the legacy Live Dealer Solution are expected to arise from Playgon Games Inc.'s collaboration with Studioworks OÜ as mentioned in "Playgon Games Inc. DEAL:CC"?
How does the operational structure outlined in the agreement with Studioworks OÜ allow Playgon Games Inc. to maintain revenue streams while minimizing operational overhead, as referred to in "Playgon Games Inc. DEAL:CC"?
What are the anticipated long-term impacts on Playgon Games Inc.'s scalability and growth potential in the iGaming sector as a result of this partnership with Studioworks OÜ, in line with insights from "Playgon Games Inc. DEAL:CC"?
**MWN-AI FAQ is based on asking OpenAI questions about Playgon Games Inc. (OTC: PLGNF).
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