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Gaming Innovation Group

Gaming Innovation Group

GIG: Gaming Innovation Group signs partnership agreement with tier 1 operator in Colombia

08:00 / 9 June 2022 Gaming Innovation Group Press release

Gaming Innovation Group Inc. (GiG) has via its subsidiary Sportnco Gaming signed
an additional agreement with an existing partner for the provision of its
sportsbook and player account management (PAM) in Colombia, making it now the
third regulated market where it provides both software and services to the
client, in what is shaping up to be a rewarding partnership between the two

Sportnco is already active in Colombia with its PAM for another client, and this
deal marks the first launch of the sportsbook in Colombia, allowing the tier 1
operator to launch with the full end-to-end software offering.

The Columbian market is a lucrative and fast growing market for the industry. In
2021 online gross profits were reported at $420m according to H2 Gambling
Capital, of which 56% is coming from sports betting and growing at an enticing
120% YoY.

GiG and Sportnco have extensive knowledge and experience in delivering complex
and highly regulated markets successfully, in particular across LATAM. The focus
is aimed at driving positive margin on behalf of customers, making them a top
choice for operators looking to launch or migrate gaming operations in such

Hervé Schlosser, Managing Director of Sportnco, said: "The growing demand is a
clear sign that we have created a sportsbook solution that is recognised as an
industry leader within the iGaming industry. It makes us very proud that a
leading tier 1 operator has once again placed trust in our technology and
services for another market. We are looking forward to strengthening our
relationship with our long-term partner within Colombia."

For more information,contact:
Richard Brown, CEO GiG,, +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, sportsbook
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.
Oslo Børs

This information was distributed by Oslo Børs