Gaming Innovation Group signs with a new online operator in Spain

Gaming Innovation Group signs with a new online operator in Spain

01 Jul 2022 08:10 CEST

Gaming Innovation Group Inc. (GiG) has signed an agreement with a brand new
partner in Spain to provide its award winning platform, powering their move
online.

The new partner already has an established retail business in the region, and
the partnership will allow the new licensed brand to expand its operations
online by the end of this year. It is expected that their digital transformation
will take advantage of the substantial experience and knowledge that GiG can
offer.

Given the new partner's existing 'brand equity', with more than 27 large games
rooms among their expansive retail operations, it is anticipated the brand will
be able to secure a competitive market share and quickly drive revenue, tapping
into the vast potential of iGaming in Spain.

The signed agreement is for an initial period of three years, with the option
for an additional year.

This new partner will be GiG's thirteenth client in Spain, and they are well
positioned for supporting organisations of all sizes with similar aspirations,
in line with their targeted strategy. The regulated Spanish online casino market
continues to grow and generated Euro 407 million of GGR in 2021, an increase of
13%
from 2020, with a similar growth forecasted for 2022 according to H2 Gambling
Capital.

Hervé Schlosser, Managing Director of Sportnco Gaming, said "We're delighted to
be teaming up with this new partner to help them utilise their existing retail
brand and move into online gaming. In today's marketplace, being able to offer
the expertise, support and tools to help our partners stand out from the
competition when launching in new markets is something we view as an essential
part of our service offering. This new deal is fully in line with our strategy
to focus on fast growing regulated markets, and also bring our expertise to a
large number of clients in every market we are. With now 13 clients in Spain,
our platform is more than ever the market reference and leader in this country."

For more information:
Richard Brown, CEO GiG, [email protected], +34 661599025

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, sportbook 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

More information:
Access the news on Oslo Bors NewsWeb site

Source

Gaming Innovation Group Inc

Provider

Oslo Børs Newspoint