Before the market’s regulation later this year, Gaming Innovation Group (GiG) has finalised its relationship with a “established German facing iGaming operator.”
The unnamed operator will profit from GiG’s iGaming network technology, which will be used to fuel its online casino offering.
The deal, which will last at least four years, will be built on a revenue-share model and will begin in Q3 2021.
While the finer aspects of the deal are yet to be announced, GiG has revealed that the online casino will run under its own Malta Gaming Authority (MGA) licence, with the goal of obtaining a German licence if one becomes available.
GiG first announced its partnership with the German-focused operator in February, when it signed a letter of intent.
The website stated at the time that the operator in question is a privately held corporation that was “also one of the first operators to hold a local German Schleswig-Holstein licence.”
In February, GiG’s Chief Executive Officer, Richard Brown, stated: “Our new partner has a team of proven, industry veterans driving its business, who currently operate several successful brands facing multiple markets. It’s fantastic that they have chosen our platform for their new, German facing casino brand.
“We are pleased to provide our GiG Core platform to them in advance of the German regulations, which complements our current offering to other noteworthy brands. We are very much looking forward to a long-term and successful relationship with our new partner.”