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Beskrivning

LandMalta
ListaOB Match
SektorSällanköp
IndustriBetting
Gaming Innovation Group är verksamma inom IT-sektorn. Idag tillhandahåller bolaget molnbaserade tjänster samt system- och marknadsföringstjänster till iGaming industrin, som bland annat består av online-kasinon och odds på nätet. Tekniska utvecklingen baseras på egenutvecklade plattformar, och bolaget äger och förvaltar över ett flertal B2C spelprodukter. Huvudkontoret ligger i Malta.
2021-02-05 12:55:00
Gaming Innovation Group Inc. (GiG) has today signed a long-term agreement with
PlayStar NJ LLC (PlayStar Casino), for the provision of GiG's iGaming platform
technologies to power the brand's launch in the US market. PlayStar Casino will
use GiG to power its new casino offering to enter the limited license New Jersey
market, having recently partnered with Oceans Casino Resort to secure market
access in New Jersey. The agreement between GiG and PlayStar Casino is based on
a revenue share model and has a minimum duration of four years with expected
launch in Q4 2021.

PlayStar Casino is a privately owned company founded and operated by industry
pioneer Joel Wikell (founder of Boss Media, Readly, Blinto and Hexigames) and
Co-Founder and EVP Adam Noble (ex Yggdrasil and Play'n'go).

PlayStar Casino aim to provide an online casino experience like no other to
players in New Jersey and other regulated US states. This will be achieved
through personalisation, engagement and exemplary customer service that makes
players feel like they are the star of the show every time they pass through the
casino's digital doors.

The Garden State has enjoyed significant growth and development since regulating
and with 2020 complete, data from the New Jersey Division of Gaming Enforcement
shows that online gaming GGR for 2020 finished at $970m - an increase of 101%
over 2019. Offering a limited number of licenses within the state, operators
have the opportunity to capitalise on one of the fastest growing global igaming
markets with a fixed number of competitors.

Adam Noble, Co-Founder and EVP of PlayStar Casino: "Gaming Innovation Group has
earned a reputation for being a very formidable and trusted technology partner
in Europe, so when we were assessing platforms for our market entry into New
Jersey, we were very confident in selecting GiG as our platform partner. We are
really excited to have them support our launch into New Jersey and also our
future expansion into regulated states across the USA."

"PlayStar Casino is setting out to offer an online casino experience with a
difference that will stand out from the current offerings in the market. Our
player experience focus, centred on a unique product offering, engaging frontend
concept and personalisation will result in an immersive and entertaining
experience for the player. We have big plans for New Jersey and other US states,
and look forward to making our debut in the Garden State later this year."

Richard Brown, Chief Executive Officer of GiG says: "It is very exciting to be
part of Playstar's inspiring and innovative plans for the expanding US digital
gambling market. Playstar has an extremely strong product vision backed by a
very experienced industry team. This agreement further demonstrates and drives
our ambition to be the platform partner of choice for operators in regulated
markets. GiG is extremely proud to be supporting Playstar as they establish
themselves as a strong and innovative iGaming brand in the US and we are
confident that it will be a successful partnership."

For further information, please contact:
Richard Brown, CEO, richard.brown@gig.com, +34 661599025
Tore Formo, Group CFO, tore@gig.com, +47 91668678

About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing
solutions, products and services to iGaming Operators. Founded in 2012, Gaming
Innovation Group's vision is 'To be the industry leading platform and media
provider delivering world class solutions to our iGaming partners and their
customers. GiG's mission is to drive sustainable growth and profitability of
our partners through product innovation, scalable technology and quality of
service. 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 symbol GIGSEK. www.gig.com

About Playstar
PlayStar is a challenger online casino brand set to take the US market by storm.
We make the player feel like they are the star of the show through
personalisation, unprecedented levels of engagement and superior customer
support. Our hotly anticipated New Jersey launch is set for Q4 2021 with
additional states to follow next year.