Gaming Innovation Group Inc.

04/16/2024 | Press release | Archived content

GiG reveals Swiss expansion, with Grand Casino Bas...

Gaming Innovation Group (GiG) has today announced Grand Casino Basel, one of the most established land-based Casino operators in Switzerland and currently the only online grand casino, as its new partner in the Swiss online market.

The announcement highlights GiG's expansion into the Swiss regulatory environment for the first time, and will see Grand Casino Basel's existing online operation, Golden Grand Casino, migrate to GiG's powerful platform.

GiG has recently unveiled the X-Suite, a revolutionary range of iGaming solutions encompassing the CoreX platform, LogicX, an advanced machine learning toolkit, and DataX, which enhances decision-making processes and rule building, showcasing the latest cutting-edge, event-driven technology. This innovative new technology has been meticulously designed to deliver agility, scalability, and is committed to driving revenue growth and support for its partners in complex regulated markets.

With online casino licenses in Switzerland requiring an existing land-based casino license to operate, and with only 10 licensed and operating, iGaming in Switzerland is widely considered to offer significant opportunities for growth, given its unique regulatory framework. These opportunities are highlighted by an online market that has been forecasted to grow by approximately 30% YoY and reach over €440m GGR by the end of 2024, according to information supplied by H2 Gambling Data.

With a proven track record in facilitating the digital aspirations of land-based casinos, GiG is perfectly positioned to help spearhead online growth for operators in Switzerland, having already launched established operators across Europe, Latin America, and North America.

Andrew Cochrane, Chief Business Officer of GiGsaid: "We're delighted to formally announce our partnership with Grand Casino Basel to migrate their online casino to our powerful platform technology, CoreX. The combination of their established and popular brand, with our proven expertise at delivering highly successful digital operations, provides a great opportunity to drive value and growth in the attractive Swiss online market."

Kai Laepple, Chief Executive Officer at Grand Casino Baseladded: "We are pleased to announce that we have partnered with GiG, a highly experienced platform provider for the burgeoning Swiss online casino market. We anticipate a promising partnership ahead and are confident in our joint success."

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About Gaming Innovation Group (GiG)

Gaming Innovation Group is a leading iGaming technology company, providing solutions, products and services to iGaming Operators. Founded in 2012, Gaming Innovation Group's vision is 'To be the industry-leading platform and media provider delivering world-class solutions to our iGaming partners and their customers. GiG's mission is to drive sustainable growth and profitability of our partners through product innovation, scalable technology and quality of service. Gaming Innovation Group operates out of Malta and is dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under the ticker symbol GIGSEK. www.gig.com