<< View all Deals

Playgon Games (Formerly Global Daily Fantasy Sports) Completes Acquisition of Playgon Interactive Inc. And Concurrent $5.75 Million Financing

Maxis Law represented Playgon Games with a team that included Michael Varabioff and Helen Racic

Effective June 19, 2020, Playagon Games Inc. (“Playgon”) (TSXV:DEAL) (formerly “Global Daily Fantasy Sports Inc.”) completed the acquisition of all of the outstanding shares of Playgon Interactive Inc. (“PII”) in exchange for $9.5 million of shares of Playgon. Concurrently with the acquisition, the proceeds from the previously completed $5,750,000 brokered subscription receipt financing were released to the Company.  PII was represented by Osler, Hoskin & Harcourt LLP (Vancouver). Beacon Securities Limited acted as agent on the financing and was represented by BLG (Toronto).

Playgon Games Inc. is a technology company focused on developing and licensing digital content for the growing iGaming market. Playgon 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, E-Table games and Daily Fantasy Sports 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, Playgon 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 Playgon’s website at