Gaming Innovation Group completes a deal with Ontario land-based group to power Casino Time
Gaming Innovation Group Inc. (GiG), has today completed its deal with Casino Time Inc, following a Head of Terms agreement announced on 30 November 2022, for the provision of its award winning Platform, Sportsbook and proven OMNI channel solution in Ontario.
The deal, which is expected to see the brand go live in H2 this year, marks the fifth operator to be powered by GiG in the region, after the granting of a supplier licence by local regulatory body the AGCO, in July 2022.
Canadian owned and operated, Casino Time is a joint venture amongst leading retail operators in Ontario’s Charitable Gaming sector, and is proud to continue its long-standing partnership with Ontario’s charities, extending its joint fundraising model into the iGaming space for the first time.
Focused on utilising the best available technology in each key functional area, including player account management, trading and risk management, and automated marketing, GiG’s growing reputation and experience as a provider of market leading technology has proved perfectly placed to complement the land-based gaming brands’ strategic online ambitions, extending from an initial footprint of 10 Ontario locations.
Having opened in April 2022, Ontario is an attractive proposition for operators looking to access an expanding market that is expected to grow to €2bn in gross gaming revenue (GGR) over the next three years, according to information supplied by H2 Gambling Data.
Marcel Elfersy, Chief Commercial Officer of GiG, said: “A growing presence in Ontario continues to reflect well on the strength of our products and technology in the region. Combined with our commitment to expansion in complex regulated markets globally, we’re demonstrating that we are well positioned to power the needs and aspirations of land-based operators looking to enter the online space.”
D’Arcy Stuart, founder and CEO of Casino Time, said: “We are proud to extend our partnership with Ontario’s charities in iGaming. Casino Time will deliver the personalised service and community experience that our retail customers in Ontario have come to expect, while expanding the product offering into exciting new territory, including Bingo, Slots, Sportsbook and Live Dealer Casino Games.”
For more information:
Richard Brown, CEO GiG, [email protected], +34 661599025
About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing solutions, products and services to iGaming Operators. Founded in 2012, Gaming Innovation Group’s vision is ‘To be the industry leading platform, sportbook and media provider delivering world class solutions to our iGaming partners and their customers’. GiG’s mission is to drive sustainable growth and profitability of our partners through product innovation, scalable technology and quality of service. Gaming Innovation Group operates out of Malta and is dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under the ticker symbol GIGSEK. www.gig.com
About Casino Time
Casino Time is an online casino operator within Ontario's regulated Charitable Gaming industry, which has been proudly providing direct fundraising to over 2000 charities for over 50 years. Casino Time is 100% Canadian owned and operated, and is dedicated to serving the Ontario region exclusively, as well as the rest of the Canadian provinces as they become regulated. Casino Time's mission is to create the best possible gaming experience for its users, through relentless product iteration, personalized and local customer service, and a memorable brand experience. Its core values are that gaming is first and foremost a community-based and social enterprise, and that customers have the right to transparency and simplicity in their experience, as well as friendly and human interaction with staff and each other. Casino Time priortizes the comfort, accessibility, and safety of a local gaming experience, while delivering the excitement, adrenaline, and stakes of a world-class gaming product. Casinotime.ca features an industry-leading sportsbook, session bingo, live dealer casino games, and slots.