iGaming company Gaming Innovation Group (GiG) recently signed a letter of intent in support of an undisclosed German-based iGaming operator with the launch of a new online casino.
Under a revenue share model, the said agreement will run for at least four years, with the target launch date for the casino scheduled in the third quarter of 2021.
GiG did not share any additional information about the iGaming operator, but it did confirm that it is a privately-owned business that owns a number of online casino brands. The operator was also one of the first to be granted a local Schleswig-Holstein license in Germany.
“Our new partner has a team of proven, industry veterans driving its business, who currently operate several successful brands facing multiple markets,” Richard Brown, GiG chief executive, said.
“it’s fantastic that they have chosen our platform for their new, German-facing casino brand.
“We are pleased to provide our GiG Core platform to them in advance of the German regulations, which complements our current offering to other noteworthy brands,” he added.