Gaming Innovation Group signs agreement with MegaLotto and enters the Lottery vertical
Gaming Innovation Group Inc. (GiG) has signed a long-term contract with MegaLotto for the provision of its technical platform services and casino games. With this agreement, GiG enters the Lottery betting vertical.
MegaLotto is a new startup initiated and backed by Optimizer Invest and will provide lottery betting services which allows users to bet on the outcome of the largest lotteries in the world.
GiG will support MegaLotto in its strategy of offering betting on multi-country lotteries and casino games to its end users in various markets. Launch is planned for mid-2019 and hence, is expected to have limited impact on GiG’s revenues in 2019, with an increase from there onwards.
Petter Moldenius, CEO at Optimizer Invest, says: “We are very excited to launch MegaLotto with GiG and its state-of-the-art services. This is an important project and we are confident GiG is the right partner for us to grow this business into a big player in the industry.”
Ben Clemes, CCO at GiG, says: “I am delighted to add further growth potential for GiG by entering the Lottery vertical with MegaLotto. We share the same ambitions of a fun, fair, responsible and innovative user experience. GiG covers all verticals in iGaming, by adding lottery to our games vertical, we are strengthening our competitive advantage as a global full service provider.”
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For further information, please contact:
Robin Reed, CEO of GIG, robin@gig.com
Anna-Lena Åström, GIG Head of IR & Corporate Communications, anna.lena@gig.com
+356 796 998 48
About Gaming Innovation Group (GiG):
Gaming Innovation Group Inc. is a technology company providing solutions, products and services throughout the entire value chain in the iGaming industry. Founded in 2012, Gaming Innovation Group’s vision is ‘To open up iGaming and make it fair and fun for all’. Through the ecosystem of products and services, GiG is connecting operators, suppliers and users, to create the best iGaming experiences in the world. Gaming Innovation Group operates out of Malta and is listed on the Oslo Stock Exchange under the ticker symbol GIG.
For more information about GiG also see: www.gig.com
