Gaming Innovation Group (GiG), one of the world’s most prominent software solution providers for online casinos and sports betting websites, has announced that its global footprint has further expanded following the signing of two new partnership agreements in Spain and Argentina.
The first partnership was the one signed with Juegging, a major operator in the Spanish market who owns land-based venues, an online casino, and a sports betting website. The operator decided to migrate onto X-Suite, the turnkey management platform that GiG offers to its customers.
This will allow Juegging to revamp its sports betting offering while expanding the number of payment methods available. Moreover, the online casino and sports betting operator will be able to offer content from more providers since the GiG platform comes with plenty of games from several international suppliers.
The Spanish market is a very important one for Gaming Innovation Group because it is expected to generate almost 2 billion euros in gross gaming revenues per year by the end of the next three-year cycle.
Big Deal in Argentina
The CoreX platform developed by Gaming Innovation Group is set to make its grand entrance into the Argentine market through a new partnership with SIGAR S.A., a local operator of land-based casinos and slot halls.
GiG has become a very powerful presence in the Argentine market as it has partnerships in place with brands operated in the seven regulated provinces of the country. In 2021 the company marked a crucial moment when it received approval to operate in Buenos Aires from LOTBA, the gambling regulator of the City of Buenos Aires.
SIGAR S.A. is planning to expand its business online and that is why it entered the partnership with GiG as the software provider has plenty of experience when it comes to taking land-based casino operators into the online world. In fact, GiG has signed multiple such partnerships in recent years both in Latin America and in Europe.
The market in Latin America is a very lucrative one as well, it is expected to generate over 3.7 billion dollars in revenue next year according to data supplied by Statista.
Gaming Innovation Group was founded in 2012 and since then has developed into a powerful brand, recognized anywhere in the world. The company operates out of Malta and is listed both on the Oslo Stock Exchange and on Nasdaq Stockholm.
Source: “GiG bags a brace of deals for Spain and Argentina, with two new partners for its iGaming platform CoreX and Sportsbook, SportX“. GiG. March 21, 2024.