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Gaming Innovation Group

Gaming Innovation Group

GIG: Gaming Innovation Group signs with two new partners in Spain and Argentina

10:45 / 21 March 2024 Gaming Innovation Group Press release

Gaming Innovation Group (GiG) has announced the signing of a brace of new deals
for its new iGaming platform CoreX and sportsbook SportX in Spain and Argentina,
as its revolutionary new X-Suite solutions continues to make a powerful
impression on operators across regulated markets in Europe and Latin America.

The first partnership announced is with established Spanish land-based, online
casino and sports betting operator Juegging, who will migrate onto GiG's
powerful, full-turnkey X-Suite.

The combined X-Suite will grant Juegging the ability to completely revolutionise
their sports offering, and greatly expand the number of payment and content
providers they can offer to the market. GiG's suite of highly scalable, user
-centric and localised features are focused to enhance player acquisition and
retention, which will help propel the growth of the brand in the region.

Spain is expected to generate close to Euro 2 Billion of GGR, YoY within the
three years according to the regulator, the DGOJ.

In addition, a milestone deal will see GiG's new CoreX platform make its
entrance into Argentina's regulated space, in a partnership with local land
-based casino and slot hall operator, SIGAR S.A. GiG has enjoyed a long
established presence in the country, powering brands in 7 regulated provinces.

SIGAR's planned online presence will look to leverage GiG's preeminent
experience at taking land-based casino operators online, having established many
similar successful partnerships in recent years with brands across Europe and
Latin America.

Revenues for iGaming in Latin America are expected to top USD $3.7bn in 2025 on
data supplied by Statista, proving that there is considerable opportunity for
operator expansion within regulated markets with experts such as GiG, worldwide.

Andrew Cochrane, Chief Business Officer at GiG said

This information was distributed by Aktietorget