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Gaming Innovation Group to expand partnership with K.A.K. DOO with online and retail sportsbook deal

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Gaming Innovation Group Inc. (GiG) has today signed a long-term agreement with existing
casino client K.A.K. DOO Skopje, hospitality, tourism and services company (K.A.K.) for the provision of GiG’s sportsbook, including online, over the counter (OTC), omnichannel and on premise sport solution to launch both their digital and land-based sports betting operation in the regulated North Macedonian market.

K.A.K. and Gaming Innovation Group signed a long-term agreement in September this year for the provision of GiG’s platform, frontend solution and managed services to power K.A.K.’s digital casino transformation. Today’s additional agreement follows K.A.K. ‘s decision to enter into Macedonia’s growing sports betting market under their own license, allowing up to an initial 25 physical sites across the country as well as online operations.

Gaming Innovation Group will provide K.A.K. with its end-to-end sportsbook, delivering an online offering as well as a physical offering through GiG’s over the counter, omnichannel retail solution. Through GiG’s partnership with Betgenius, end-to-end live data, trading and risk management services will also be delivered as part of the agreement. This allows K.A.K. to offer its customers official sports betting content from over 300 competitions including the English Premier League, Serie A and EuroLeague basketball.

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The agreement is based on a combined fixed fee and revenue share structure.The sports offering is expected to go-live in Q2, 2021, and is expected to make a positive contribution to GiG’s revenues from H2 2021 onwards.

Ognjan Cigovski, Chief Executive Officer of  K.A.K. DOO Skopje says: “Our recent decision to expand into both the retail and online sportsbook market was a natural step for us, building on our successful land-based casino activities and we see it as a very exciting proposition. We can now offer our customers a full suite of products across multiple locations as well as online. We are excited to partner with GiG on this venture who’s product and service offering were a great fit for what we want to achieve in the local Sportsbook space”

Richard Brown, Chief Executive Officer of GiG says, “I am very pleased to expand our partnership with K.A.K, they have secured a local sports betting license and have exciting growth plans which are highly complementary to their existing premier retail casino presence in the country. By adding our online and OTC sportsbook technology offering to the online casino also powered by GiG, K.A.K’s end users will have a seamless end-to-end experience. We are very much looking forward to working with them to deliver a great product to the local market.”

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Balkans

Over 70 Diamond King 4 Installations in Palms Bet Gaming Halls

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CT Gaming and Palms Bet are partnering again, and this time it is about the introduction of Diamond King 4 in the gaming halls across the country. As of now, 56 gaming machines featuring the multigame have already been installed, with the total number expected to exceed 70 in the coming weeks. The installations cover key locations including Sofia, Burgas and Veliko Tarnovo. At some of the locations, the thrilling multigame is paired with EZ Modulo slot cabinets, while others chose the EZ Modulo Tower cabinets. These combinations are fully possible, as the Diamond King 4 compatibility allows it. This project marks a significant milestone in the ongoing partnership between CT Gaming and Palms Bet.

With the installation of Diamond King 4, visitors to Palms Bet gaming halls can now enjoy enhanced graphics, modern themes and immersive gameplay that meet the expectations of today’s players. The multigame includes 40 titles, 20 of which are linked to a progressive jackpot, along with features such as the Buy Bonus version of the most popular game – Duck of Luck, and the revamped Diamond Tree Deluxe jackpot. Unlike previous versions, players can now win any of the three jackpot levels directly from the base game, while cascading white and pink diamonds offer exciting rewards with every spin.

“We are pleased with the successful rollout of installations in partnership with Palms Bet. Thanks to this collaboration, more and more players across the country will have access to the premium gaming experience that Diamond King 4 delivers,” said Biser Bojanov, CEO of CT Gaming.

The post Over 70 Diamond King 4 Installations in Palms Bet Gaming Halls appeared first on European Gaming Industry News.

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Balkans

BEGE PROUD TO ANNOUNCE VERMANTIA AS SECOND-YEAR GENERAL SPONSOR OF THE BEGE AWARDS

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BEGE is delighted to announce that Vermantia will once again serve as the esteemed General Sponsor of the BEGE Awards, marking their second consecutive year in this prestigious role. The 16th edition of the BEGE Awards continues to celebrate excellence, innovation, and leadership within the gaming industry – and Vermantia’s ongoing support underscores their unwavering commitment to driving growth and recognition across the sector.

As a global leader in delivering premium omni-channel content and cutting-edge technology solutions for the gaming and betting industries, Vermantia’s partnership with BEGE exemplifies a shared dedication to advancing industry standards through innovation and collaboration.

“We are absolutely thrilled to have Vermantia supporting us once again this year! Their steadfast commitment is a powerful testament to the strength of our enduring partnership. We’re incredibly grateful and excited as we look forward to the BEGE Awards night, where the industry’s brightest leaders will be celebrated for their outstanding achievements,” said Nino Berezhiani, Marketing Manager at BEGE.

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The BEGE Awards remain a key platform for recognizing pioneering contributions and exceptional talent within the gaming industry. Partnering with Vermantia elevates the event’s stature and amplifies its impact on the industry’s future.

Join the BEGE Awards on November 26th, during the first day of the upcoming BEGE Expo, to honor excellence and innovation. The 16th BEGE Awards will gather industry leaders, innovators, and stakeholders from around the world for an unforgettable celebration.

For more information about the BEGE Awards and the event, visit: https://www.balkangamingexpo.com

The post BEGE PROUD TO ANNOUNCE VERMANTIA AS SECOND-YEAR GENERAL SPONSOR OF THE BEGE AWARDS appeared first on European Gaming Industry News.

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Balkans

SYNOT Games Partners with LiveScore Bet

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To strengthen its presence in the Balkan region, SYNOT Games has teamed with one of the fastest-growing sportsbooks brands, LiveScore Bet. This collaboration will bring a selection of SYNOT Games’ slots to the Bulgarian audience, underscoring the developer’s growth in this important market.

The newly launched suite of games includes a diverse array of immersive titles such as the electrifying Magnetic Wild, the mythical journey of Amazons’ Wonders and the underwater treasure hunt of Atlantis Gold. Each game is meticulously designed to captivate players with its distinct themes, engaging gameplay mechanics and premium visual quality.

According to Martina Krajčí, CCO of SYNOT Games, said: “Our partnership with LiveScore Bet highlights our expansion across regulated European markets. Bulgaria’s dynamic gaming sector, underpinned by strong consumer demand and robust regulatory frameworks, provides an ideal environment for our innovative content. We are committed to supporting LiveScore Bet’s™ mission to offer a premium gaming experience while championing our core principles of player safety and responsible gaming.”

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Jonathan Abdilla, Finance Director, at LiveScore Bet, said: “Partnering with SYNOT Games strengthens our position as a leading gaming operator in Bulgaria. We aim to create a compelling content offer that attracts new players and supports our long-term objectives. SYNOT Games’ track record in regulated markets makes them an ideal partner for sustainable growth and consistent value for our business and customers.”

The post SYNOT Games Partners with LiveScore Bet appeared first on European Gaming Industry News.

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