GiG partners up with MegaLotto

GiG (Gaming Innovation Group), an iGaming solutions provider, has signed a long-term contract with MegaLotto in order to make a move into the lottery market. The companies will join forces and work together on international lottery draws and casino games in various regulated markets.

MegaLotto is a startup that provides betting services which allow users to bet on the outcome of the largest lotteries in the world. Using GiG’s softwares, MegaLotto will have the opportunity to expand their services throughout the world.

The launch of this new lottery offering is planned for mid-2019, but the target markets are yet to be specified.

Big Plans Ahead

Having distributed cutting-edge products to every sector of the online gaming industry, GiG plans to further grow their potential and grab new opportunities through this joint venture.

“I am delighted to add further growth potential for GiG by entering the Lottery vertical with MegaLotto. We share the same ambitions of a fun, fair, responsible and innovative user experience. GiG covers all verticals in iGaming, by adding lottery to our games vertical, we are strengthening our competitive advantage as a global full service provider,” said GiG’s chief commercial officer, Ben Clemes.

GiG Expands Rapidly

This has been truly a great year for GiG. Currently licensed in Malta, UK and Germany, with a pending licensing process in Denmark, Spain and Sweden, the brand signed an exclusive agreement with Hard Rock International. They have signed a partnership with New Jersey’s Hard Rock and will launch a mobile-friendly sportsbook in the beginning of 2019. This sports betting product will feature risk management, odds and massive amount of data to offer the best user experience.

Not only that:

GiG has launched a new Pay n Play product called Guts Xpress that is essentially a no-frills version of Guts.com without promotions or bonuses, only casino games. By doing so, they leveraged the trust their oldest brand Guts has created over the years.

New Remote Gaming Licenses

As an integral part of the company’s ambitions to expand in various regulated markets in 2019, Gaming Innovation Group (GiG) has filed in an official application for online B2B casino and sports betting licenses in Spain.

Robin Reed, CEO of Gaming Innovation Group (GiG), has praised the company’s performance in the third quarter and forecast further growth:

“We have created a base from where now, with full force, we can drive forward as the full-service provider which every company serious about iGaming must be part of. GiG sees strong interest for its services and products with an increasingly healthy pipeline of opportunities.”

Source:

“GiG makes first move into lottery vertical”, igamingbusiness.com, January 7, 2019.

“GiG cites ‘pipeline of opportunities’ as key financials grow”, igamingbusiness.com, November 6, 2018.

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