GiG unveils strategic partnerships in Argentina and Spain

The leading iGaming technology company, delivery solutions, services and products to gambling operators across the globe, Gaming Innovation Group (GiG), announced it signed a couple of deals, expanding its presence in important markets in Latin America and Europe. The deals revolve around the company's innovative sportsbook SportX and iGaming platform CoreX. Ultimately, the two collaborations showcase the increasing appeal of GiG's quality solutions for regulated gambling markets.

The company uncovered details regarding the new collaborations on Thursday. As a result, GiG teamed up with SIGAR S.A., a leading land-based casino and slot hall operator in Argentina. Under the terms of the collaboration, the company agreed to grant the operator access to its CoreX platform.

The latest agreement further strengthens GiG's presence in the Latin American country. Acknowledged by the company as a milestone deal, the agreement further grows its footprint while getting it closer to becoming a go-to supplier for the region.

The partnership with SIGAR follows deals with several brands inked by GiG. Thanks to the collaboration, SIGAR will leverage GiG's technology and solutions, ultimately strengthening its footprint in the regulated gambling sector in Argentina.

On the other hand, the company also announced a new Spanish-facing deal by teaming up with Juegging, a leading online casino, sports betting and land-based operator. Per the terms of that agreement, Juegging will now benefit from GiG's innovative X-Suite.

Andrew Cochrane, GiG's Chief Business Officer, shared his excitement about the latest collaborations in a statement. "These signings underscore the demand for of our CoreX platform and SportX sportsbook, to drive innovation and expansion for our partners in regulated markets," he revealed. Finally, Cochrane pointed out: "The full X-Suite solutions, we believe, sits at the apex of technological advancement within our industry, empowering operators like Juegging and SIGAR to thrive in competitive landscapes across Europe and Latin America."

The latest move doesn't come as a surprise, considering the exponential potential of the online gambling sector in Latin America. Citing data from Statista, GiG confirmed that the iGaming industry in Latin America is expected to surpass $3.7BN by 2025.

Similarly, according to data from the gambling regulator in Spain, DGOJ, the potential of the sector is in the billions. The regulator confirmed that the gaming industry in the country is expected to generate nearly €2BN in gross gaming revenue over the next three years.

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