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Gaming Innovation Group

Gaming Innovation Group

GIG: Gaming Innovation Group signs first agreement for new GiG Enterprise Solution

13:45 / 31 March 2023 Gaming Innovation Group Press release

Gaming Innovation Group Inc. (GiG) today announces the launch of a new
Enterprise Solution which complements its popular Software as a Service (SaaS)
licencing model. The Enterprise Solution provides technological and operational
autonomy to clients who have technical development capabilities and wish to
modify, enhance or build upon GiG's existing application.

As the demand for B2B solutions continues to grow and evolve across the global
online gambling industry, GiG's Enterprise Solution gives clients the
flexibility and ability to manage autonomously all aspects of the locally
deployed platform, to modify the software or to supplement it, to enhance the
product development and integration roadmap while still benefiting from GiG's
leading proprietary technology. This also enables GiG with a new commercial
model to augment its current offering.

The Enterprise Solution will be an exclusive offering available to clients who
are able to manage their own technology stack. With both GiG and its Enterprise
partners benefiting from the continued product innovation. GiG considers this
offering as a powerful and bespoke solution that will serve an increasing demand
within the industry for higher levels of technological and roadmap flexibility
while also adding further revenue streams to the business.

GiG has today signed the first licence agreement for the Enterprise Solution to
a successful industry group. The agreement is structured with a significant set
up fee charged for the license and subsequent fees over the term. The average
estimated yearly contract value is materially above current averages for GiG's
SaaS contracts.

Richard Brown, CEO of GiG said: "We have long held the view that for some
operators, who have the technical ability and experience, a model that would
open up our platform and technology to them would create further collaborative
improvement of the product and ultimately enhance the customer experience. We
have seen increasing demand for operators to gain that flexibility, and with a
recent development of our next generation platform, which has been developed
with this structure in mind, we are able to offer this service in a controlled,
supported and sustainable manner. Ultimately our new GiG Enterprise product
provides a solution that many operators crave for and we do not think is being
offered fully by the industry as of today."

For further information, please contact:
Richard Brown, CEO GiG,, +34 661599025

This information is information that Gaming Innovation Group Inc. is obliged to
make public pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact person set out
above, at 13:45 CET on 31 March 2023.

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