Latest News
Gaming Innovation Group signs with a new online operator in Spain
Gaming Innovation Group Inc. (GiG) has signed an agreement with a brand new partner in Spain to provide its award winning platform, powering their move online.
The new partner already has an established retail business in the region, and the partnership will allow the new licensed brand to expand its operations online by the end of this year. It is expected that their digital transformation will take advantage of the substantial experience and knowledge that GiG can offer.
Given the new partnerâs existing âbrand equityâ, with more than 27 large games rooms among their expansive retail operations, it is anticipated the brand will be able to secure a competitive market share and quickly drive revenue, tapping into the vast potential of iGaming in Spain.
The signed agreement is for an initial period of three years, with the option for an additional year.
This new partner will be GiGâs thirteenth client in Spain, and they are well positioned for supporting organisations of all sizes with similar aspirations, in line with their targeted strategy. The regulated Spanish online casino market continues to grow and generated âŹ407 million of GGR in 2021, an increase of 13% from 2020, with a similar growth forecast for 2022 according to H2 Gambling Capital.
HervĂŠ Schlosser, Managing Director of Sportnco Gaming, said âWeâre delighted to be teaming up with this new partner to help them utilise their existing retail brand and move into online gaming. In todayâs marketplace, being able to offer the expertise, support and tools to help our partners stand out from the competition when launching in new markets is something we view as an essential part of our service offering. This new deal is fully in line with our strategy to focus on fast growing regulated markets, and also bring our expertise to a large number of clients in every market we are. With now 13 clients in Spain, our platform is more than ever the market reference and leader in this countryâ
Asia
Goa Introduces an Entirely Online Lottery Platform
In a move towards modernising Indiaâs lottery sector, the state of Goa has introduced an entirely online lottery platform, sanctioned by the Directorate of Small Savings and Lotteries. This initiative, known as Great Goa Games, aims to bring transparency and convenience to an industry that has long grappled with allegations of mismanagement and fraud.
Ticket sales commenced Monday, with the inaugural draw set for Sunday. Rhiti Group, led by founder Arun Pandey, was granted the license to operate and market the platform. âOur mission is to democratize opportunities through technology,â Pandey stated, emphasizing the secure and user-friendly nature of the app-based system.
Goa government official Narayan Gad lauded the move as a step forward for the Indian lottery sector. âWith our online lottery streamlining processes through technology, we are setting a new standard in the lottery industry,â Gad remarked. âThe technology-based product will enhance transparency and ensure improved monitoring and regulation of operations.â
This development follows new rules governing online lotteries, introduced by the Goa directorate in February 2023. Currently, 13 states in India, including Goa, allow lottery games, though others have banned them due to concerns over gambling addiction and operational irregularities.
Latest News
Catena Media Announces Board Changes
Catena Mediaâs board of directors announced the appointment of Stephen Taylor-Matthews as non-executive director and the departure of Ăystein Engebretsen from the board of directors.
Based in London, Stephen Taylor-Matthews is a tech entrepreneur, executive advisor and investor with over two decades of experience in online gaming, sports betting and data analytics.
He is the founder of Polynate, an AI-first company delivering next-generation sports engagement solutions, and has worked at Underdog Fantasy, GoatGaming and Betgenius in previous roles.
Stephen Taylor-Matthews commented: âCatena Media is in a transformation phase and Iâm excited to be joining the board at this juncture and to contributing my industry expertise and insight.â
The appointment coincides with the departure from the board of Ăystein Engebretsen, who has served as non-executive director since September 2018.
Erik Flinck, Chairman of the Board of Directors, said: âĂystein has made a valuable and important contribution to Catena Media for more than six years. I warmly thank him for his efforts and wish him well in his current and future ventures. At the same time, I am delighted to welcome Stephen Taylor-Matthews to the board. His experience and expertise will be a valuable asset for Catena Media as we move forward.â
Stephen Taylor-Matthewsâ appointment will become effective once all necessary filings are made with the Malta Business Registry, and his term will run up until the end of the next annual general meeting, in accordance with the Maltese Companies Act and Catena Mediaâs articles of association.
Latest News
Endorphina Partners with R. Franco Digital to Expand Reach
The leading online slot games provider, Endorphina, has announced a brand-new partnership with R. Franco Digital, a renowned manufacturer of AWP machines. This collaboration allows Endorphina to expand its reach in the Spanish and Latin American markets.
Endorphina is one of the top iGaming software providers for the B2B market, developing online slots that cater to a wide range of slot enthusiasts. Over the years, the provider has established itself as one of the most innovative slot suppliers in the industry, dedicated to expanding its products to players worldwide.
Zdenek Llosa, Senior Partnership Manager at Endorphina, said: “We are genuinely excited to join forces with R. Franco Digital, a trusted name with a rich legacy in the Spanish and Latin American gaming world. Partnering with a platform that shares our passion for quality and player satisfaction is truly inspiring. Together with the R. Franco team, we look forward to creating memorable, fun experiences that bring joy and excitement to our shared communities across Spain and LATAM. This collaboration feels like the beginning of something truly special.â
Franco Digital, a subsidiary of the Recreativos Franco Group, has been known for providing its customers with the best turnkey solutions for over 50 years. As a pioneering manufacturer of AWP machines, R. Franco Digital is founded on an innovative company culture that uses the best methodologies and technologies available, working with talented and disruptive people to deliver the best solutions.
“At R. Franco Digital, we are always striving to enhance our platform with innovative, top-quality content that resonates with our audiences, particularly in Spain and Latin America. Partnering with Endorphina allows us to bring a fresh, engaging catalog of games to our players, combining our platform’s power with Endorphina’s creativity and expertise. This collaboration underscores our commitment to delivering premium gaming experiences tailored for Spanish-speaking markets,” said Javier SacristĂĄn, International Business Director of R. Franco Digital.
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