The gaming innovation group, GiG, has inked two fresh agreements with operators in Spain and Portugal. They will deliver platform services to both entities.
GiG’s subsidiary, Sportnco, will collaborate with Caravel Entertainment Limited, which operates the online casino brand Moosh, in Portugal, and an anonymous online operator in Spain.
GiG acquired Sportnco in April for €51.3 million.
Caravel will utilize Sportnco’s sports betting to fuel the Moosh.pt website.
“We are immensely proud to sign this accord with Moosh, a new client for GiG in the competitive and alluring Portuguese market,” stated Hervé Schlosser, Managing Director of Sportnco. “Moosh.pt has ambitious plans in the nation, and we are confident that we are well-prepared to support the new dynamics of this expanding Portuguese operator.”
Martin Bengtsson, CEO of Moosh.pt, declared that the deal will enable the operator to enhance its sports betting offering.
“We took our time to locate the ideal partner, and ultimately we discovered it in GiG, a sports betting and platform provider,” Bengtsson stated.
Their subsidiary, Sportnco, is renowned for its high-quality sports betting offerings. This collaboration will provide substantial backing for their operations, and they are certain that their clientele will value the enhanced sports betting experience upon its launch.
The Spanish agreement will see GiG aiding the unnamed operator’s online gaming expansion, slated to commence at the close of 2022. The operator presently operates 27 gaming venues as part of its physical presence and will become GiG’s 13th partner in Spain.
Both arrangements have been formalized for an initial three-year duration. The Portuguese agreement includes the option for renewal, while the Spanish agreement can be extended for an additional year.
“We are thrilled to collaborate with this new partner to assist them in leveraging their existing physical brand into the realm of online gaming,” stated Schlösser.
“This new agreement perfectly aligns with our strategic focus on rapidly developing regulated markets and extending our expertise to an expanding client base within each market.”
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