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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.
2020-11-20 11:30:14
Gaming Innovation Group Inc. (GiG) has today signed a long-term agreement with
existing casino client K.A.K. DOO Skopje, hospitality, tourism and services
company (K.A.K.) for the provision of GiG's sportsbook, including online, over
the counter (OTC), omnichannel and on premise sport solution to launch both
their digital and land-based sports betting operation in the regulated North
Macedonian market.

K.A.K. and Gaming Innovation Group signed a long-term agreement in September
this year for the provision of GiG's platform, frontend solution and managed
services to power K.A.K.'s digital casino transformation. Today's additional
agreement follows K.A.K. 's decision to enter into Macedonia's growing sports
betting market under their own license, allowing up to an initial 25 physical
sites across the country as well as online operations.
Gaming Innovation Group will provide K.A.K. with its end-to-end sportsbook,
delivering an online offering as well as a physical offering through GiG's over
the counter, omnichannel retail solution. Through GiG's partnership with
Betgenius, end-to-end live data, trading and risk management services will also
be delivered as part of the agreement. This allows K.A.K. to offer its customers
official sports betting content from over 300 competitions including the English
Premier League, Serie A and EuroLeague basketball.
The agreement is based on a combined fixed fee and revenue share structure.The
sports offering is expected to go-live in Q2 2021, and is expected to make a
positive contribution to GiG's revenues from H2 2021 onwards.
Ognjan Cigovski, Chief Executive Officer of  K.A.K. DOO Skopje says: "Our recent
decision to expand into both the retail and online sportsbook market was a
natural step for us, building on our successful land-based casino activities and
we see it as a very exciting proposition. We can now offer our customers a full
suite of products across multiple locations as well as online. We are excited to
partner with GiG on this venture who's product and service offering were a great
fit for what we want to achieve in the local Sportsbook space."
Richard Brown, Chief Executive Officer of GiG says, "I am very pleased to expand
our partnership with K.A.K, they have secured a local sports betting license and
have exciting growth plans which are highly complementary to their existing
premier retail casino presence in the country. By adding our online and OTC
sportsbook technology offering to the online casino also powered by GiG, K.A.K's
end users will have a seamless end-to-end experience. We are very much looking
forward to working with them to deliver a great product to the local market."
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 K.A.K. DOO
K.A.K. DOO, based in Skopje, Republic of North Macedonia, is one of the longest
established corporations consisting of top brands (Le Grand Casino, Resort
Mavrovo, Hotel Epinal) under its portfolio investing in Macedonian Hospitality
and Tourism market for more than 25 years and counting more than 300 employees.
K.A.K. DOO with more than two decades under it's belt has transformed the gaming
industry into a real live experience, operating as the first corporation with
two Casinos in two different cities, in Skopje and Bitola. As the dominant
Casinos in North Macedonia, the Le Grand Casino brand serves as a trustworthy
and authentic entertainment and gaming company and is the equivalent of the fair
game in the Casino industry in Republic of North Macedonia running by its motto
"Always a fair game!".

Resort Mavrovo - Ski Center Mavrovo, Hotel Bistra, Hotel Sport, Hotel Lodge is
another brand operating under K.A.K. Doo. It is one of Macedonia's longest
established ski resorts, and one of the most famed, prestigious and
distinguished winter & summer sports destinations in North Macedonia, a popular
resort with high-quality accommodation and well-established services. Hotel
Epinal, located in the ancient town of Heraklea Linkestis - now Bitola, under
the elegant architecture of Ottoman Empire, remains the synonym of Macedonian
hospitality with luxurious and rich offerings.