Playgon said in addition to allowing the company to generate revenue through previously announced agreements with Malta-licensed entities, the licence would also increase its credibility as a trusted supplier in Europe and other markets globally.
Playgon said it would now launch its live dealer technology solutions throughout Europe and other regulated markets, with core live dealer games including baccarat, roulette, and blackjack.
A previously agreed deal with B2B casino supplier Swintt will now see the business able to offer Playgon’s technology to its operator customers.
“With our additional type 1 license secured from the MGA, we are cleared to go live and begin generating revenue,” said Darcy Krogh, chief executive of Playgon Games.
“We have already secured several commitments from both operators and aggregators that see the tremendous value in our technology and have patiently been waiting for us to get our type 1 licence.
“We anticipate going live in the coming days with some of these groups allowing access to what we believe is the most innovative and exciting mobile live dealer technology available in the market.”
Krogh added that as the business continues to market its live dealer technology to operators, it is seeing overwhelming demand for the product.
Playgon Interactive’s acquisition by software supplier Global Daily Fantasy Sports was completed in June last year, in a deal worth CAD$9.5m (£5.4m/€6.3m).
The supplier subsequently rebranded the business as Playgon Games in July.