GiG Expands Deal with Betsson Group

Gaming Innovation Group Inc. (GiG) has just extended an agreement with Betsson Group to continue providing Platform & Managed Services, which consists of customer service and business operations across different territories. The contract will be extended for three years until Q4 2025. The deal includes the platforms Rizk, Guts, Kaboo, and Thrills, as well as managed services to Betsson to support the operations of the brands.

GiG will also provide new market entries within the deal, which shows its ability to introduce leading gambling brands into different regulated markets. Furthermore, it initially signed an agreement with Betsson for the delivery of its tech solutions to power its brands for 30 months. The deal is based on a revenue share model now it will be extended by 2025.

Betsson is listed at Nasdaq Stockholm as one of the leading European brands in the online gambling market with a powerful track record of building its brand. It provides online casino, sportsbooks, and additional online games via a multi-brand strategy and has licenses in 12+ jurisdictions around the globe.

Commenting on the recent move, GiG CEO, Richard Brown, said:

“We are extremely pleased to extend our partnership with Betsson Group for the coming years. It has been a key internal target as part of our transition into a pure B2B focus over the last 18 months. The partnership will support and help to drive the two businesses’ growth in existing and new markets, increasing the diversification and market opportunities for both Betsson and GiG.”

Zecure Gaming Commercial Director, Andrew Valenzia, says that the company is delighted to have expanded the agreement with GiG for a period of three years. As a platform supplier, GiG will be a key part of their road map for growth, and he is very confident in their ability to boost their development in new and existing markets.

GiG, which also previously partnered with Bet Seven Online, is a powerful iGaming tech company, delivering solutions and services to iGaming brands. Established in 2012, its mission is to become the industry-first platform and media supplier delivering top-class solutions to iGaming partners and their users

The company also aims to drive sustainable progress and profitability of partners thanks to product innovation, flexible technology, and high-quality solutions. It operates outside of Malta and is also listed on the Oslo Stock Exchange and Nasdaq Stockholm. It has licenses from the MGA, UKGC, and Svenska Spel.

Source: . GIG. February 11, 2022.