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Gaming Innovation Group signs platform deal with Palasino
Gaming Innovation Group Inc. (GiG), has today completed its full agreement with Palasino Malta Ltd (PML), part of Trans World Hotels & Entertainment a.s. (TWHE) , following a head of terms announced on 24 January.
The partnership will see GiG provide its award winning player account management platform (PAM), front-end delivery and content management system (CMS), powering the online entry of TWHE’s traditional retail business through Palasino .com and providing opportunities within multiple international established and emerging online markets.
The announcement marks the ninth traditional retail operator choosing to partner with GiG to digitally transform their business and add an additional online revenue stream to their retail portfolio.
TWHE, who have operated for over 25 years in the retail casino industry, was acquired by the Hong Kong based international development specialist Far East Consortium (FEC) in 2018. Operating a range of casinos and boutique hotels across Europe, the group, which has interests in Germany, Czech Republic and Austria have pursued plans to expand operations, elevating its status as a premier brand in the European gaming and hospitality markets.
Overall European online growth of regulated GGR is projected to climb at an annual rate of 7.6 percent to €37.3bn by 2026, according to forecasts from VIXIO Gambling Compliance.
As a leading iGaming platform and sportsbook provider, GiG has built a strong reputation with land-based operators looking to expand on their digital aspirations. Specifically designed to provide a flexible, localised and personalised solution, tailored to the needs of individual operators in complex markets, GiGs platform boasts an expansive global footprint that currently covers 29 regulated markets, and a further 8 in the pipeline.
The agreement is signed for an initial period of five years, and is expected to be live during H1 2023.
Marcel Elfersy, CCO of GiG, said: “We’re really pleased to have the ink dry on this deal with Palasino, seeing a wealth of opportunity in the partnership for both businesses to expand into. We’re continuing to see growth in the online gaming space across the industry, with the brand equity of experienced retail brands gelled with specialised third party technology such as ours, positioned well to establish a strong foothold in global markets.”
Colin Chapman Stewart, Director of Gaming at FEC commented: “Partnering with GiG provides TWHE, Palasino and our shareholders with the confidence and ability to launch our online division operating out of Malta with an MGA license. Bringing our brand online to new international players who can experience the same feeling in the casinos we have successfully operated for the past quarter century, is an exciting time for us all here at Palasino.”
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Adam Pentecost Chief Revenue Officer at Gaming Corps
Gaming Corps Taps Betty to Boost Content Options for Ontario Players
Gaming Corps, a publicly traded game development firm located in Sweden, has entered into a new distribution deal with Betty, one of the rapidly expanding iGaming operators in Ontario. The agreement enhances Betty’s platform with Gaming Corps’ growing collection of content, increasing options for players in a market where the brand currently provides over 2,800 slot titles.
Thanks to the collaboration, Betty customers will soon enjoy the latest slot releases from Gaming Corps, featuring 3 Easter Pigs, the latest chapter in the well-known 3 Pigs series, which adds a new seasonal element to one of the studio’s most iconic franchises. Players will also gain access to the latest release, Vendetta Fury, from DEGEN Studios, Gaming Corps’ newest RGS partner.
This launch leverages the solid success of the broader 3 Pigs franchise, featuring games like 3 Pigs of Olympus and 3 Pigs of the Caribbean that are already part of Gaming Corps’ collection. These are included with the studio’s wider range of Slots, Plinko, Mine, Crash, and Table games.
Adam Pentecost, Chief Revenue Officer at Gaming Corps, said: “Ontario has become one of the most exciting regulated markets in North America, and Betty has built an impressive reputation by offering players both quality and variety. We’re delighted to partner with such a progressive operator and look forward to showcasing how our latest content can bring something genuinely different to their already rich portfolio.”
Paraskeva Smirnova, Senior Casino Operations Manager at Betty, added: “Betty has built its identity on being a homegrown Ontario brand with a clear focus on what local players want. Working with Gaming Corps allows us to continue that mission, adding content that stands out and gives our players something new to discover alongside the thousands of titles we already host.”
The post Gaming Corps Taps Betty to Boost Content Options for Ontario Players appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Adam Pentecost Chief Revenue Officer at Gaming Corps
Gaming Corps partners with Betty to expand content choice in Ontario
Gaming Corps has signed a new distribution agreement with Betty, one of Ontario’s fastest-growing iGaming operators. The deal adds Gaming Corps’ expanding suite of content to Betty’s platform, strengthening the choice for players in a market where the brand already offers more than 2,800 slot titles.
Through the partnership, Betty customers will soon have access to the latest Gaming Corps slot releases, including 3 Easter Pigs, the newest instalment in the popular 3 Pigs series, which introduces a fresh seasonal twist on one of the studio’s most recognisable franchises. Players will also have access to Gaming Corps’ newest RGS partner, DEGEN Studios’, latest release, Vendetta Fury.
This launch builds on the strong performance of the wider 3 Pigs franchise, with titles such as 3 Pigs of Olympus and 3 Pigs of the Caribbean already established within Gaming Corps’ portfolio. These sit alongside the studio’s broader offering of Slots, Plinko, Mine, Crash and Table games.
Adam Pentecost, Chief Revenue Officer at Gaming Corps, said: “Ontario has become one of the most exciting regulated markets in North America, and Betty has built an impressive reputation by offering players both quality and variety. We’re delighted to partner with such a progressive operator and look forward to showcasing how our latest content can bring something genuinely different to their already rich portfolio.”
Paraskeva Smirnova, Senior Casino Operations Manager at Betty, added: “Betty has built its identity on being a homegrown Ontario brand with a clear focus on what local players want. Working with Gaming Corps allows us to continue that mission, adding content that stands out and gives our players something new to discover alongside the thousands of titles we already host.”
The post Gaming Corps partners with Betty to expand content choice in Ontario appeared first on Americas iGaming & Sports Betting News.
Digital Isle of Man
The Isle of Man: Where eGaming Software Businesses Are Thriving
Introduction
The global eGaming industry is highly competitive, technologically driven and heavily regulated. For software providers operating in this space, choosing the right jurisdiction is critical to long-term success. The Isle of Man is trusted by industry-leading suppliers such as Microgaming, Games Global, 3Oaks, Arrise (Pragmatic Play), and Altenar, to name a few, and has established itself as one of the world’s leading hubs for eGaming through a unique combination of tax efficiency, regulatory credibility, stability and technological infrastructure. This article explores the key advantages of being located on the Isle of Man.
Competitive Tax Environment
One of the most compelling reasons to base an eGaming software company in the Isle of Man is its favourable tax regime. Suppliers based on the Island receive the following advantages to maximise profitability and support international expansion:
- 0% Corporation Tax
- 0% Capital Gains Tax
- 0% Inheritance Tax
Reputation and Credibility
The Isle of Man is widely recognised as a tier one licensing jurisdiction. The Gambling Supervision Commission’s (GSC) enforcement of strict compliance standards means that attaining a licence is a testament to the integrity and good standing of the supplier. Licensed suppliers gain reputational benefits, which in turn create greater opportunities to engage with partners, including operators, aggregators, banks, and payment providers.
For more information regarding the Isle of Man’s software supplier licence, Global Gaming Solutions has released other articles explaining in detail what distinguishes the Island from other licensing options.
However, for Isle of Man software suppliers, a licence is not a mandatory requirement. This places the Isle of Man in an ideal position for startup suppliers, offering unique tax, infrastructure and Government driven financial incentives, with an attractive opportunity to expand into the regulated sector once their concept and strategy are proven.
Playzia, a client of Global Gaming Solutions, has leveraged this opportunity to establish operations in the Isle of Man and has built the brand into a recognised international name, partnering with leading operators and securing exclusive titles such as Love Island.
Access to Global Markets
eGaming software companies based in the Isle of Man enjoy significant operational flexibility. As an outward-facing jurisdiction, the Island maintains a strong international reputation (particularly across Europe and Asia), and obtaining a local licence does not restrict suppliers’ target markets outside sanctioned or blacklisted jurisdictions or those with local regulatory regimes. As such, the Isle of Man provides suppliers with the reach needed to establish their brands in a global market.
In an industry where market access can determine success, an Isle of Man company, and more so a licence holder, has greater access to key partners through its reputation and credibility than “competitor” jurisdictions such as Curacao, Belize, Anjouan and Tobique. As a result, companies can scale internationally with fewer operational barriers, making the Island an ideal base for growth-oriented businesses.
As global markets mature and establish local regulatory regimes, the Isle of Man remains relevant. The ability to hold regulated licenses such as UK, Ontario, Irish, and Finnish licenses through an Isle of Man company allows suppliers to maintain their advantageous position and global focus, whilst also utilising their structure to enter competitive regulated markets. As evidence of this, Global Gaming Solutions has supported leading aggregator St8, securing successful Ontario and UK licences to scale rapidly whilst maintaining operations on the Island.
Advanced Technological Infrastructure
The Isle of Man offers world-class digital infrastructure tailored to the eGaming sector’s needs. High-speed internet connectivity, secure data centres, and reliable telecommunications systems provide a strong foundation for suppliers operating internationally.
The jurisdiction also supports emerging technologies such as cryptocurrency payments, which are increasingly utilised operationally by suppliers. CoinCorner, a local Bitcoin service provider, boasts over 350,000 users and 10 years of service, providing on-the-ground support to local and international businesses.
Government Support and Business-Friendly Environment
The Isle of Man government actively supports the eGaming sector, the GSC has a legacy as an approachable and friendly regulator, whilst Digital Isle of Man frequently attends and hosts eGaming events and meets with prospective businesses to represent the Island as a global tech centre. As such, businesses are supported and encouraged at all levels.
Local Expertise
The Island’s local high-tech sectors, including eGaming, data hosting, blockchain, and AI initiatives, have created a highly skilled workforce that enables and incentivises well-established names such as Microgaming, Games Global, and Arrise (Pragmatic Play) to build local, boots-on-the-ground operations in the Isle of Man.
For start-up operations, the Isle of Man has a wide range of trusted service partners with decades of industry experience to support and advise future leaders. However, as operations grow, the Island makes a strong case for local offices and a headquarters. The Islands’ talent pool of industry-leading compliance and operations professionals enables suppliers to expand existing operations and build substance whilst maintaining the tax, infrastructure, and trusted relationships they have established.
Conclusion
For eGaming software companies, the Isle of Man presents a highly attractive and unique proposition. Companies can not only reduce costs but also enhance their reputation, expand into international markets, and operate within a stable and forward-thinking ecosystem.
By choosing the Isle of Man, suppliers gain immediate tax incentives and credibility, but also future-proof their investment. Clear and realistic opportunities to obtain local and international licences, access a wide network of partners, and establish local offices mean that the Isle of Man is not just a tax-efficient structure but also a commitment to building a reputable brand as a future industry leader.
The post The Isle of Man: Where eGaming Software Businesses Are Thriving appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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