GiG enters lottery betting vertical
News on 7 Jan 2019
News on 7 Jan 2019
Gaming Innovation Group (GiG) has entered the lottery betting vertical with the signing of an agreement with MegaLotto for the provision of its technical platform services and casino games.
MegaLotto is a startup firm, initiated and backed by Optimizer Invest.
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 would therefore have a limited impact on GiG’s revenues in 2019, with an increase expected there onwards.
Petter Moldenius, CEO at Optimizer Invest:
“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:
“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.”
