Following the news that ex-Sportnco shareholders have formed a concerted action that now represents 8.2% of the Gaming Innovation Group (GiG) shareholding, SBC News spoke with its representative Hervé Schlosser to find out more about how the investment fits into the group’s plans. The action means that around 70 former Sportnco shareholders now represent the third largest shareholder in GiG …
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Betsson AB has expanded its technology partnership with Gaming Innovation Group (GiG), which will serve as the lead platform provider for its burgeoning Colombian business. In the summer of 2020, Betsson entered Colombia’s regulated online gambling marketplace, acquiring a 70% stake in market-leading sportsbook operator ColBet – an asset subsequently rebranded to Betsson.co. GiG has supported Betsson’s Colombian market expansion, …
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Gaming Innovation Group (GiG) has signed new partnerships in Spain and Portugal, strengthening its position in the Iberian markets. In Portugal, the B2B betting and gaming software provider has entered into an agreement with Caravel Entertainment Limited (Caravel), the operator behind the Moosh.pt online brand. Terms of the deal – signed between GiG subsidiary Sportnco Gaming and Caravel – will …
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Gaming Innovation Group (GiG) has inked an additional agreement with an unnamed existing partner, via its subsidiary Sportnco Gaming, to provide its sportsbook in Colombia. Alongside its sportsbook launch, GiG’s player account management (PAM) will also be launched in Colombia, making it the third regulated market that provides both software and services to the client. Hervé Schlosser, Managing Director of …
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Gaming Innovation Group (GiG) has secured market access to the Angolan betting and gaming sector, delivering its solutions to Full Games SA in the country. A newly regulated market, GiG’s entry into Angola also marks its first expansion into an African nation, which the firm believes will provide a foothold for further growth on the continent as the regional betting …
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Gaming Innovation Group (GiG) has announced that its newly integrated Sportnco subsidiary has secured a commercial agreement to provide system solutions for Betway Portugal (Betway.pt). The partnership agreed with GM Gaming Limited, the operating company of Betway brand in Portugal, for the provisions of Sportnco’s sportsbook and player account management (PAM) solutions. The agreement sees Sportnco expand its existing relationship …
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Gaming Innovation Group (GiG) has secured all necessary approvals to finalise its acquisition of sports betting systems provider Sportnco. Initiated on 22 December last year, GiG entered a definitive agreement to acquire Sportnco outright for a total consideration of €51m. The deal saw GiG agree to pay an upfront cash payment of €27.8m, with the remaining settlement to be paid …
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Gaming Innovation Group (GiG) has confirmed its acquisition of Sportnco, with the aim of strengthening its status as a platform and media provider to the betting and gaming industry. Full completion of GiG’s takeover of turnkey betting and gaming solutions provider is expected in February 2022, and will enable GiG to leverage the company’s in-house developed sportsbook and PAM products. …
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Sportnco has announced its entry into Greece’s regulated online gambling marketplace, having been tasked with migrating the sportsbook property of NetBet.gr. The Toulouse-based sports betting systems provider has been selected by Pan-European operator NetBet to migrate its entire Greek sportsbook unit onto a new platform compliant with the Hellenic Gaming Commission (HGC) technical commands. The Greek project sees NetBet expand …
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Sportnco has secured a major coup by becoming the lead technology partner of Betway Group’s launch of Betway.fr for France’s regulated online gambling marketplace. Toulouse-based Sportnco will supply Betway.fr with a fully customised online gambling platform and further player account management (PAM) provisions fully compliant with French gambling laws. The partnership with Betway follows extensive investment by Sportnco during 2020 …
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