GiG establishing next promising revenue pillar in the pursuit of offering the full iGaming and entertainment package
With “GiG Games” Gaming Innovation Group Inc. (GiG) has started a promising venture in building up their own game service provider. The new game studio is based in the group’s Marbella location and will develop casino games to be sold to operators on a revenue share basis.
GIG Games has already made significant technological progress and currently has 3 games under development which will be launched in Q3 2018.
MD GiG Games, Larsson: “We are building a strong team of developers and designers in Marbella”
“We have opted to cover the basics from the start. We are currently working on our idea of a good Black Jack and Roulette game experience and are obviously very excited about developing our first slot game under the GiG brand,” comments Mathias Larsson, MD GiG Games, who has been “setting up shop” since August this year.
The activities within GIG Games will be scaled up going forward and Larsson continues: “We are building a strong team of developers and designers in our attractive location in Marbella.” An estimated 6 games will be offered by year end 2018. The games will be sold at separate contracts on revenue share agreements to both own and external operators.
New Games to be tested on selected GiG owned casino brands
“To test new games on some of our GiG owned casino brands first obviously makes a lot of sense. With GiG’s standard of quality known across the industry we will go for the Tier1 operators once all is tested and quality assured,” Larsson offers more insight in his plans for GiG Games.
An aggregator solution for operators with their own platform will be launched. This solution will enable an immediate integration with all of GIG’s third-party solutions and extensive iGaming eco-system.
Through development, growth and integration of GIG’s five business areas, the Group captures an increased share of the industry profits and achieves further cost and business synergies. The development of GIG Games is an important part of this strategy.
Including GIG Games, the company’s offering now consists of operators (GIG’s consumer brands), lead generation (GIG Media), game service providers (GIG Games), sports (BettingCloud) and platform provider (iGamingCloud).
About GIG: Gaming Innovation Group Inc. is a fast emerging gambling solutions and interactive entertainment provider. The Company offers cutting-edge cloud-based services via its subsidiaries iGaming Cloud and Betting Cloud and B2B performance marketing via GiG Media. GIG operates seven popular casino brands offering games from the best-of-breed suppliers across the online sports betting and casino industry. GiG Games now rounds up this holistic offering. The Group operates out of Malta and has offices in Marbella, Gibraltar, Oslo, Kristiansand and Copenhagen. GiG is listed on the Oslo Stock Exchange under the ticker symbol “GIG”.
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