SBC News Voice of the Sports Betting Industry
Gaming Innovation Group (GiG) has finalised its partnership with an ‘established German facing iGaming operator’ ahead of the market’s regulation later this year.
The operator, which has not yet been named, will benefit from GiG’s iGaming platform technologies which will be used to power its online casino offering.
The agreement, which has a minimum duration of four years, will be based on a revenue share mode and is expected to launch in Q3 2021.
While the finer details of the arrangement have not yet been released, GiG revealed that the online casino will operate under its own licence from the Malta Gaming Authority (MGA), with the intention of acquiring a German licence once available.
GiG first revealed that it was partnering with the German facing operator back in February, at which point it signed a letter of intent.
At the time, the platform disclosed that the operator in question is a privately owned company and ‘was also one of the first operators to hold a local German Schleswig-Holstein licence’.
Richard Brown, Chief Executive Officer at GiG, said in February: “Our new partner has a team of proven, industry veterans driving its business, who currently operate several successful brands facing multiple markets. It’s fantastic that they have chosen our platform for their new, German facing casino brand.
“We are pleased to provide our GiG Core platform to them in advance of the German regulations, which complements our current offering to other noteworthy brands. We are very much looking forward to a long-term and successful relationship with our new partner.”
