Sunday, May 26, 2024
spot_img
HomeiGaming NewsGiG Signed Head of Terms with Land-Based Operator in Ontario - GamblingNews.com

GiG Signed Head of Terms with Land-Based Operator in Ontario – GamblingNews.com

Provider of platform and media solutions to the iGaming industry, Gaming Innovation Group (GiG), announced it has signed a head of terms agreement with an established land-based operator in Ontario.
The head of terms agreement with the unnamed land-based operator in Ontario will see GiG deliver its award-winning platform, sportsbook and omnichannel solutions in the Canadian province.
Commenting on the announcement, Ben Clemes, general manager of GiG North America, expressed his contentment at the opportunity to team up with an established land-based operator in Ontario.
“I am really excited to sign the head of terms with a land-based partner that has been successfully operating in the Ontario market for many decades,” Clemes said, outlining that the operator’s land-based presence will present GiG with the “opportunity to showcase the power” of its proven omnichannel solution and “full product catalog,” including casino, sports and its frontend solution.
GiG and the land-based operator expect to sign a full partnership contract in the coming months, projecting to initiate operations under the partnership in the first half of 2023.
The head of terms agreement is the latest development around GiG in Ontario after more and more operators choose the company’s products and services to drive their brand in the province, lured by GiG’s leading technology and flexible architecture.
Following the supplier license granted to GiG by the Alcohol and Gaming Commission of Ontario (AGCO) in July, GiG already launched with two operators the latest of which was the online casino brand SpinAway, and is preparing to go live with a third. The other was the LuckyDays brand operated by L7 Entertainment, a company that partnered with GiG for a launch in Sweden earlier in the year.
Since its launch in April this year, the gaming market in Ontario is attracting more and more operators as it is expected to grow to over $2 billion in gross gaming revenue over the next three years, according to H2 Gambling Data.
In October, iGaming Ontario released market data for the second quarter, showing that the market has grown by nearly C$2 billion ($1.48 billion), posting a 48% increase. Without accounting for the promotional wagers, Ontario operators registered C$6.04 ($4.46 billion) billion in total wagers in the quarter.
The number of operators grew from 18 in Q1 to 24 in Q2 and gaming websites increased from 31 to 42, active player accounts grew by 27.6% to 628,000, and the average amount spent per player account went up from C$113 ($83.48) in Q1 to C$142 ($104.9).
With 4 years experience as an analyst, Julie—or ‘Jewels’, as we aptly refer to her in the office—is nothing short of a marvel-worthy in her attention to the forex and cryptocurrency space as she quickly became the first pick to co-pilot education to the masses with Mike.
Your email address will not be published.







1xBet, one of the world’s largest online sports betting companies, continues to make headlines in the worst possible ways. The company is now facing an imminent threat of bankruptcy in Curaçao, after a prolonged legal battle with the Foundation for the Representation of Victims of Online Gaming (SBGOK). 1xCorp N.V., originally from Russia, operates 1xBet […]
Staff members of online gambling operators in the Philippines have been arrested for their involvement with prostitution rings. POGOs Caught with Prostitutes Over the course of the past month, three raids were carried out by the National Bureau of Investigation on prostitution dens that provide services to staff members of the Philippine Gaming Offshore Operators […]
MGM agrees to compensate victims of the 2017 Las Vegas mass shooting. Between $735 million and $800 million to be paid in 2020. Gaming and hospitality providers urged to bolster security measures. After a lengthy legal process, renowned casino operator MGM Resorts International has finally agreed to a financial settlement with most of the survivors […]
Police departments in the United States have recently ramped up their efforts to crack down on illegal gambling operations in the country. Thanks to these recent crackdowns, there are now significantly fewer gambling operations. Other people may eventually move in to fill the void left behind by the illegal gambling kingpins but it will definitely […]
Haven Gaming LLC feeling strong about a Danville casino project The Midwest lacks a high-quality casino resort, the company believes Gambling demand grows despite falling results   Haven Gaming LLC is pushing boldly ahead with a new elite casino resort in Danville. The company hopes to establish a new elite casino resort in the area. […]
Indiana to welcome first mobile betting sportsbook with Rush Street Interactive RSI is teaming up with French Lick Resort for digital wagering The Indiana Gaming Commission yet to approve the welcome bonus Rush Street Interactive has teamed up with French Lick Resort and applied for a mobile betting license in Indiana. The Indiana Gaming Commission […]
Playtech ventures into Swiss gambling market with Swiss Casinos Group. Playtech to offer games and supporting software to the casino operator. Amended Swiss gambling law locks out unauthorized international gaming companies. On Thursday, London-listed gaming technology provider Playtech officially launched its first live casino offering in Switzerland. This venture was made possible through a partnership […]
WoW Beta available to Blizzard employees No confirmation for a public/closed beta made yet Blizzard are ensuring that the game will hold up well at launch date More news to follow soon, says community manager Bornakk World of Warcraft’s Classic Beta is already happening, but unfortunately, it’s limited to Blizzard employees only, a new blue […]
On September 1, retails sports betting debuted in Indiana and since then a lot of anticipation has built up with regards to mobile sports betting. Well, beginning October 3, sports bettors in Indiana will finally be able to place bets on their favorite sports and teams. On Wednesday, September 15, the Indiana Gaming Commission announced […]
Get the latest gambling industry news delivered straight to your inbox.
International casino and entertainment company offering online sports betting and iGaming solutions Bally’s Corporation has sealed a labor neutrality deal with the 10th largest union in the American Federation of Labor and Congress of Industrial Organizations (AFL–CIO), the International Union of Operating Engineers (IUOE). The latter counts around 400,000 active members spread across 123 local […]
The global business-to-business gaming technology provider, Bragg Gaming Group, announced it expanded the reach of its technology and content to Michigan via a new deal with the leading operator BetMGM. New Collaboration Brings Bragg Content to BetMGM in Michigan The new collaboration announced Monday, sees Bragg deliver leading games for BetMGM customers in the state. […]
Wynn Resorts, one of the biggest gambling operators in the United States, is seeking to expand its Encore Boston Harbor casino in Everett. If everything goes according to plan, the expanded venue may include new poker and sports betting facilities. These plans are still subject to regulatory approval, though. Wynn to Expand Encore Boston Harbor […]
The regulated gambling sector is under threat with mandatory affordability checks “already hurting” the industry’s bottom line argues the Betting and Gaming Council (BGC), a trade group that represents the British gaming industry. New Research Reiterates the Known Facts The BGC has been a passionate advocate for an approach towards the re-regulation of the industry […]
Online security experts met last week to discuss the worrying trend of increasing cyberattacks against casinos and other leisure operators, a new report reveals. The recent discussion comes ahead of planned changes to the cyber regulations in Nevada. Cyberattacks Impact Gambling Operators During the conference, experts from the cyber security industry warned that casinos and […]
Following a probe by the Office of Liquor and Gaming Regulation (OLGR) lasting over 9 months, North Queensland casino The Ville Casino in Townsville has been charged with violating the state’s gambling regulations. Another Queensland Casino Faces Charges Over Illegitimate Junket Operations Just after Queensland casino – the Reef Hotel Casino – in Cairns was […]
BF Games, a dynamic developer of iGaming content, has expanded its reach in the Croatian online gaming market through a new partnership with Fortuna Entertainment Group and its online casino brand PSK. BF Games Gets a Running Start in Croatia PSK’s players will immediately gain access to 30 games from the supplier, which is based […]
Macau’s Executive Council provided further details on Friday as to how gambling operations in the Special Administrative Region (SAR) will work moving forward. Concessionaires will have to establish areas that cover non-Chinese and Chinese visitors, with both gaming spaces being exclusive and dedicated. Macau Goes with Segregated Approach to Foreign and Domestic Gamblers   Non-Chinese […]
The fast-growing global gaming entertainment supplier, Play’n GO, announced it expanded its US presence Monday. The company revealed it boosted its expansion in the country after launching its services in Michigan via a new agreement with BetMGM. Teaming Up in Michigan, the Duo Boost Their Existing Partnership The recent launch marks the first time leading […]
Games Global has signed up a partnership with a new dedicated studio and developer, OROS Gaming. Moving forward, OROS Gaming’s products and titles will be part of Games Global’s network of operators and developers, with the studio helping the aggregator improve its overall offer and variety. OROS Gaming Becomes Latest Addition to Games Global OROS […]
Australia has gone through some massive overhauls of its gambling industry over the past months with probes launched into Crown Resorts and Star Entertainment Group. More upheavals are coming with proposed facial recognition, cashless gaming cards, and more impacting the sector with different interests and groups vying to find a middle ground. Pokie Reform to […]
Alberta is making a U-turn on its ban on UFC betting as an investigation into coach James Krause and fighters that trained under him has been moving forward. This has prompted Alberta Gaming, Liquor and Cannabis (AGLC) to reintroduce wagering on the competition a week after it suspended it, ESPN reported, citing PlayAlberta.ca. Alberta Reintroduces […]
The US Attorney’s Office of the District of South Carolina said in a press release that the illegal gambling organization uncovered by the joint investigation between Homeland Security Investigations (HSI) and the South Carolina Law Enforcement Division (SLED) was sentenced in court. Selling Unlicensed Gambling Machines Bubba Technology Group, LLC, operating as an illegal gambling […]
Game Lounge, an iGaming affiliate with over 130 websites across more than 30 countries, announced a rebranding of its website in Japan as the business is focusing more on local customers. Reflect Tendency toward Word Blends Game Lounge’s JapaneseCasino affiliate website changed its name to JAPACASI to reflect the existing tendency towards word blends among […]
Clicky

source

spot_img
RELATED ARTICLES
spot_img

Most Popular