GiG agrees new partnerships in Spain and Argentina 02 April 2024

Gaming Innovation Group, a leading software solution provider, has announced two expansion plans. The company known for providing solutions for online casinos and sports betting is expanding into Spain and Argentina in a bid to increase its global footprint.

The expansion revolves around two technologies provided by the software company. They are the new iGaming platform CoreX and the Sports book SportX.

Their new X-suite solutions continue their impressive reception in regulated online casino markers in Europe and Latin America. 

Andrew Cochrane, Chief Business Officer at GiG said; "These signings underscore the demand for of our CoreX platform and SportX sportsbook, to drive innovation and expansion for our partners in regulated markets. The full X-Suite solutions, we believe, sits at the apex of technological advancement within our industry, empowering operators like Juegging and SIGAR to thrive in competitive landscapes across Europe and Latin America.”

GiG has operated since 2012 and is based in Malta. It also has a presence on two stock exchanges, Nasdaq Stockholm and Oslo Stock Exchange.

Juegging

The first partnership in Spain is with Juegging, a specialist in land-based venues, online casinos and sports betting. With the partnership, Juegging plans to take advantage of the multitude of supplier partnerships that GiG has to add more content and software providers.

In the past, Juegging has already worked with GiG, by migrating to the X-Suite by GiG. The X-Suite has added value to the company by revamping its sports betting and increasing the selection of payment methods.

Besides increasing the payment providers, it also increase the content providers. The suite is highly scalable, user-centric and localised attributes which assist in player acquisition and retention toward brand growth in the region.

For GiG, it is looking to capitalise on the potential expected revenue over the next three years. It is forecasted that the gaming revenues will reach as high as 2 billion Euros per year according to the regulator, the DGOJ.

SIGAR S.A

SIGAR S.A. is a gaming company operating land-based casinos and slot halls. It has partnered with GiG to take advantage of the CoreX platform.

The partnership comes as no surprise since GiG already has established partnerships in Argentina in seven regulated provinces. They are also registered in Buenos Aires with a licence from LOTBA, a gambling regulator in Buenos Aires.

For SIGAR, this partnership presents an opportunity to venture into the online casino business. By partnering with GiG, they can capitalise on their experience and expertise in helping land-based casinos break into the online casino world.

More so, GiG expects to benefit from the large gaming revenues expected in Latin America next year. It is projected that the gaming industry will make over 3.7 billion dollars in revenue according to Statista.