Gaming Innovation Group Inc. (GiG) has today signed a long-term agreement with
Rank Entertainment Holdings, for the provision of GiG's iGaming platform
technologies to power its continued growth worldwide, opening up new markets to
the existing Marina888 brand.
The agreement will include the provision of GiG's player account management
(PAM), the delivery of the frontend, via the CMS, and managed services,
including media and business operations. The agreement between GiG and Rank is
based on a revenue share model and has a minimum duration of five years.
Rank Entertainment is a privately owned organisation with decades of retail
experience and have recently established a solid online customer base. In
addition, they have ongoing concerns and continued development in emerging
markets, particularly in regulated regions of Africa with a total of 9 venues,
with 4 others in the pipeline, and an operation in Nepal.
Rank intends to enhance its current online offering on behalf of its customers
while retaining the 'human touch' and customer focus they have developed over
the past 3 years. Utilising GiG's platform technologies to advance their online
offering with automation will augment their local brand presence, particularly
via gamification and the use of GiG's rules engine, Logic, to deliver a leading
player experience in the region.
Asanga Warusavitharna, CEO of Rank says: "We are proud to have partnered with
GiG in order to modernise our online offering and drive the brand
internationally, in line with our retail concerns. Throughout the process, it
was evident that this was a style of project that GiG had delivered several
times, consistently outlining the best way to deliver from a technical and a
services-driven perspective. We are very much looking forward to our long-term
partnership and are excited to go on this journey with GiG".
Richard Brown, CEO of GiG says: "We are delighted to have partnered with Rank
Entertainment, industry veterans with a solid reputation within the land-based
casino market and beyond. It makes us very proud when a brand like Marina shows
their belief in GiG's technology combined with our managed services, which I
believe is a strong testament to the way we demonstrate how a retail brand
should strategically plan for its success online. We believe the vision that
Rank Entertainment has with advancing on automation and player experience
connects well with GiG's B2B offering and strategy. We look forward to helping
Rank to achieve its ambitions and powering its continued growth".
For further information, please contact:
Richard Brown, CEO, richard.brown@gig.com, +34 661599025
Tore Formo, Group CFO, tore@gig.com, +47 91668678
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
About Rank Entertainment
Rank Entertainment is a privately owned organisation with decades of retail
experience We have been able to reproduce this success in Africa with the
opening of two resorts and casinos under our brand Marina. With an optimistic
outlook in Africa, we are focused on expanding aggressively with several more
projects already underway. www.rank.lk
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