Gaming Innovation Group signs with Casino Win in Hungary
Gaming Innovation Group Inc. has signed a long-term contract with Casino Win, one of Hungary’s leading land-based casino operators, for the provision of GiG’s platform, frontend development and managed services to launch their digital operation in the regulated Hungarian market.
Casino Win has been present in the Hungarian gambling market since 2016 and has always prioritised its players to ensure that they receive the highest possible levels of service, coupled with the latest gambling equipment and technology to provide the best gaming experience there is. To complement its successful land-based operations, Casino Win is now taking their operation to the next level by entering the online space.
Online licenses in Hungary are only available to land-based operators who have physical locations within the country. At present there are only four operators in Hungary of which two are already online, with Casino Win becoming the third in H1 2021. Casino Win owns three casinos in leading locations across Hungary and offer an extensive selection of slots games as well as roulette, blackjack and poker.
The agreement is based on a combination of fixed fees and revenue share structure. The casino offering is expected to go live in H1 2021 and this partnership is expected to make a positive contribution to GiG's revenues from the second half of 2021.The term of the contract is for an initial three-year period.
Zsolt Kruppa, managing director of Casino Win said: “Gaming Innovation Group is known in the iGaming industry as a reliable and trustful company with a history of success working with land-based operators like ourselves. We are pleased to have them supporting our digital transformation and online player acquisition strategy as we expand into the regulated Hungarian online market. We believe that by joining our efforts we can transfer the feel and look of our casinos into an online offering that both caters for our current players as well as attracts new ones. We are looking forward to a long-lasting and mutually beneficial partnership.”
Richard Brown, chief Executive officer of GiG said: “We are very pleased to move into the regulated Hungarian market supporting Casino Wins expansion into online. They have a proven track record of success and have some of the market-leading land-based operations. We believe that this, in conjunction with GiG’s tailored online offering, will lead to further success for the companies, while providing Casino Win’s customer base with a seamless, high quality retail and digital experience.”