SBC News GiG drives innovations in Spain and Argentina with several new deals

GiG drives innovations in Spain and Argentina with several new deals

Gaming Innovation Group (GiG) has signed new deals for its new igaming platform CoreX and sportsbook SportX in Spain and Argentina.

The igaming company’s first partnership announced is with Spanish land-based, online casino and sports betting operator Juegging, which will migrate onto GiG’s full-turnkey X-Suite. 

Andrew Cochrane, Chief Business Officer at GiG, said: “These signings underscore the demand for our CoreX platform and SportX sportsbook, to drive innovation and expansion for our partners in regulated markets.” 

In detail, the combined X-Suite will aim to allow Juegging to ‘revolutionise’ its sports offering, and greatly expand the number of payment and content providers it 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 looks to propel the growth of the brand in the region.

Spain is expected to generate close to €2bn of GGR, YoY within the next three years according to the regulator, the DGOJ.

Meanwhile, a new 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 seven regulated provinces. 

SIGAR’s planned online presence will look to leverage GiG’s preeminent experience at taking land-based casino operators online.

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.

Cochrane concluded: “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.”

Last month, GiG announced that it has achieved record-breaking financial results as the tech group moved to split its platform and media units into standalone businesses in 2024.

Publishing its Q4 and full-year 2023 results, GiG concluded its final quarter as a combined sportsbook platform and igaming media supplier, achieving ‘all-time high’ revenues of €35.6m, up 37% on the corresponding Q4 2022 results of €26m.

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