Gaming Innovation Group Inc. (GiG) has reached an agreement with its partner,
Hard Rock International (Hard Rock), to support its market entry with sports
betting in the US state of Iowa. The sportsbook will initially launch with an
over-the-counter solution on the casino floor at the Hard Rock Hotel & Casino
Sioux City in Iowa. This will be followed by the launch of online and mobile
sports betting in Iowa, expected in Q4 2019.

In Iowa, Hard Rock will offer a similar seamless and engaging betting experience
for its consumers as it has already delivered in New Jersey, with an
omni-channel sportsbook solution based on GiG’s modern and flexible technology.

For GiG, this means the Company will be able to leverage its platform in the US
adding more scale to its network and revenues to the business. GiG already has
the groundwork done in New Jersey after a successful proof of concept suitable
and relevant to the American audience.

Iowa is one of the 12 states in the US legalising sports wagering since the US
Supreme Court overturned the federal sports wagering ban in 2018. In August this
year, the Iowa Racing and Gaming Commission (IRGC) authorised the 19 casinos in
the state to offer statewide retail, online and mobile sports betting to
consumers aged 21 or over. Iowa has approximately 3.2 million inhabitants and
should also benefit with visitors from neighboring states such as Nebraska and
Minnesota. It has an estimated mature sports betting market valued at revenues
of around $160 million based on the total amount of money wagered by consumers.
The tax rate on the sports betting revenue is 7.5%.

GiG expects this agreement to have limited impact on its revenues in 2019, with
an increasing contribution from the launch of online and mobile betting in 2020
onwards.

Kresimir Spajic, Senior Vice President of Online Gaming at Hard Rock
International says, “We’re excited to extend our partnership with GiG to support
sports betting in Iowa, and further grow our sportsbook portfolio.”   

“Offering sports betting through GiG provides our players and guests a new level
of engagement – we couldn’t be more thrilled to be launching in Iowa,” Jim
Franke, General Manager of Hard Rock Hotel & Casino Sioux City.

Richard Brown, acting Chief Executive Officer of GiG says, “After a successful
launch in New Jersey, I am delighted to further deepen the relationship with
Hard Rock, delivering on our strategy to grow with our partner by entering a new
state in the US with our sportsbook. The agreement is both a testament to our
know-how and prowess to lead a land-based casino into the digital world of
betting, and a strong validation of GiG’s commercial and product delivery
capabilities. We are looking forward to growing with our partner long term. We
have mutual ambitions to entertain consumers with a safe and exciting
first-class sports betting experience.”

 ...END...

For further information, please contact:

Richard Brown, acting CEO and COO of GiG, ir@gig.com
Petter Nylander, Chairman of GiG, petter.nylander@gig.com +46 76 525 09 55
Anna-Lena Åström, GiG Head of IR & Corporate Communications, anna.lena@gig.com
+356 796 998 48

This information is information that Gaming Innovation Group Inc. (GiG) is
obliged to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, at 10:10 CEST on 20 September 2019.


About Gaming Innovation Group:
Gaming Innovation Group Inc. is a technology company providing products and
services throughout the entire value chain in the iGaming industry. Founded in
2012, Gaming Innovation Group’s vision is ‘To open up iGaming and make it fair
and fun for all’. Through its ecosystem of products and services, GiG is
connecting operators, suppliers and users, to create the best iGaming
experiences in the world. Gaming Innovation Group operates out of Malta and is
dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq
Stockholm under the ticker GIGSEK. www.gig.com

About Hard Rock International:
With venues in 74 countries spanning 248 locations that include owned/licensed
or managed Hotels, Casinos, Rock Shops® and Cafes - Hard Rock International
(HRI) is one of the most globally recognized companies. Beginning with an Eric
Clapton guitar, Hard Rock owns the world's most valuable collection of music
memorabilia at more than 83,000 pieces, which are displayed at its locations
around the globe. In 2018, Hard Rock International was recognized as a Forbes
Magazine Top Employer for Women and Land Operator of the Year at the Global
Gaming Awards. In 2019, Hard Rock International was honored as one of Forbes
Magazine’s America’s Best Large Employers, Forbes Magazine’s Top Employers for
Women and No. 1 in J.D. Power’s 2019 North America Hotel Guest Satisfaction
Study among Upper Upscale Hotel Chains. Hard Rock destinations are located in
the world’s greatest international gateway cities, including its two most
successful flagship properties in Florida and home to the world’s first Guitar
Hotel® in South Florida, where its headquarters are located. The brand is owned
by HRI parent entity The Seminole Tribe of Florida. For more information on Hard
Rock International visit www.hardrock.com