Gaming Innovation Group signs platform agreement with Tipwin Ltd.

GiG has signed a long-term agreement with Tipwin Ltd. for the provision of GiG’s platform, data platform and GiG Logic

Tipwin will use GiG to power its new casino offering under its own licences from the Maltese  and Swedish  Gaming Authorities. The agreement is based on a revenue share model with a minimum contract term of 3 years.

Tipwin Ltd., founded in 2011, offers multi-channel sports betting both offline and online under one brand. Tipwin currently operates more than 1,500 retail betting shops throughout Europe, which along with their sponsorship of two of Germany’s first league football  teams, Bayer 04 Leverkusen and Eintracht Frankfurt, makes them one of the most recognisable operators in the German retail betting market.

Tipwin will be integrating GiG’s casino platform technology into their new next generation sportsbook platform, which has been developed entirely from scratch, to capitalise on further digital transformation from retail to online gambling, in anticipation of the nationwide German regulation for online casino and sports betting in 2021.

The casino offering is expected to go-live during Q4 2020, and this partnership is expected to make a positive contribution to GiG's revenues from 2021 onwards.

Ivica Batinic, Chief Executive Officer of Tipwin says: “Integrating GiG’s leading casino technology into our next generation proprietary sports betting platform will allow Tipwin to round up it’s overall iGaming product portfolio.

During the last 9 years Tipwin successfully built up it’s land-based business throughout Europe, is now one of the fastest growing sportsbook  operators in Europe and developed a strong technology portfolio including our proprietary hardware for sports betting shops. Partnering with GiG in the area of casino technologies will complete our online products and help offering an unmatched 360 degree online and retail product portfolio to our customers and partners.”

Richard Brown | SiGMA News

Richard Brown, Chief Executive Officer of GiG (seen left) says, “We are delighted to have partnered with Tipwin for the provision of our iGaming platform and casino offering. 

Tipwin has been a successful retail sportsbook operator for over 9 years and we look forward to supporting them in their expansion into the online casino space.

We see strong potential in linking up with a brand with a large existing retail customer base and anticipate further growth in the number of casino customers in the German market post regulation in 2021, therefore partnering with an existing retail offering will enable further capture of the expected transition of customers from land based to online gaming”.

SiGMA Americas:

Following the successful launch of SiGMA Europe (Malta) and SiGMA Asia (Manila), we’re now launching the inaugural SiGMA AMERICAS, covering all three major timezones. The inaugural edition is set for September 22-24, 2020 with a virtual summit focusing on two themes: SiGMA AMERICAS for the Gaming industry and AIBC AMERICAS for the Emerging Tech industry. We wanted to provide fresh content, to help you navigate through these turbulent times. If you’re exploring Americas as a new frontier or wondering which tech solutions to embrace, we've got you covered: tune in on September 22-24, 2020.

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