Published
OnlineCasinoIndustry

GiG signs with established German operator but doesn't name brand

Gaming Innovation Group (GiG) has signed a letter of intent with an established German-facing online gaming operator.

OnlineCasino

The agreement is based on a revenue share model, over a minimum of four years and expected to launch in Q3 2021, although the supplier interestingly did not name the operator yet.

Richard Brown, GiG CEO, said: “Our new partner has a team of proven, industry veterans driving its business, who currently operate several successful brands facing multiple markets.

"It’s fantastic that they have chosen our platform for their new, German-facing casino brand.

"We are pleased to provide our GiG Core platform to them in advance of the German regulations, which complements our current offering to other noteworthy brands. We are very much looking forward to a long-term and successful relationship with our new partner.” 

GiG shares are currently trading at NOK 18.90 ($2.23), declining slightly this week but being more than double their November price.

Brown was appointed GiG CEO in November 2019 and appears to be meeting board objectives, having initially taken over from Robin Reed on an acting basis earlier that year.


Casino News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Hard Rock Hotel & Casino Tejon
Evolution
Follow Us

Facing Facts: Analysing figures from emerging gambling markets

Where is the gambling market on the rise, and are there any...

Taking Stock: A guide to lottery/iLottery operator and supplier prices

Gambling Insider tracks lottery/iLottery operator and suppli...

New Horizons Cover Feature: United Arab Emirates

With its first land-based casino set to open in 2027 and a n...

New Horizons Cover Feature: Brazil

Brazil performed quite the feat by getting its heavily delay...

The best of Malta at the Global Gaming Awards

Powered by Gambling Insider, the Global Gaming Awards are th...

Preview: SiGMA Malta 2024

A place in the winter sun: SiGMA returns to the home of iGa...

Company profile: Soft2Bet

Bill 55: Advantages and challenges for Maltese operators in...

Company profile: DS Virtual Gaming

DS Virtual Gaming is a leader in the gaming industry, utilis...