Malta-based Gaming Innovation Group (GiG) will be powering the online migration of one of Macedonia’s biggest gambling groups.
The service provider has signed a heads of terms agreement with K.A.K DOO Skopje (KAK), which manages two LeGrand Casino venues in Skopje and Bitola.
KAK has signed up to use GiG’s platform, front end development as well as managed media services to roll out its digital operation. This will likely be completed in the early part of 2021.
The final agreement will be signed around August 2020 and will be on a combined fixed fee and revenue share structure.
“North Macedonia has a long history in the land-based casino segment, and it is a major casino tourist destination in the region,” Richard Brown, GiG’s chief executive, said.
“Partnering with a leading brand, hospitality and entertainment group in the region is an exciting opportunity for GiG and we look forward to helping replicate LeGrand Casinos retail success online as the market regulates,” he added.
The North Macedonian government is now letting land-based operators apply or online licenses that must directly reflect what they are offering online. KAK will be among several operators in North Macedonia that will offer both table games and slots to online players.
“Gaming Innovation Group is known in the iGaming industry as a reliable and trustful company with a history of success working with land-based operators like ourselves. We are pleased to have them supporting our digital transformation and online player acquisition strategy as we expand into the newly regulating online market,” Ogninan Cigovski, KAK chief executive, said.
“We believe that by joining our efforts we can translate the feel and look of our LeGrand casinos into an online offering that both caters for our current players as well as attracts new ones. We are looking forward to a lasting and mutually beneficial partnership,” he added.