GiG Signs Agreement With K.A.K. DOO Skopje

Gaming Innovation Group has signed an agreement with K.A.K. DOO Skopje for the provision of its platform, front-end development and managed media services to the hospitality , tourism and service companies.

GiG will be launching its digital activity as part of the partnership in the controlled North Macedonian market, which has historically been closed to online operators. The Macedonian government now allows land-based operators to apply for online licences which must reflect their offline offerings directly.

The final agreement is expected to be signed in August 2020 and will be based on a hybrid fixed fee and revenue sharing arrangement. The casino service is scheduled to go-live by Q1, 2021, with the relationship expected to contribute positively to GiG ‘s sales from next year onwards.

K.A.K. DOO Skopje CEO Ognjan Cigovski said: “Gaming Innovation Group is known in the igaming industry as a reliable and trustful company with a history of success working with land based operators like ourselves. We are pleased to have them supporting our digital transformation and online player acquisition strategy as we expand into the newly regulating online market.

“We believe that by joining our efforts we can translate the feel and look of our LeGrand casino’s into an online offering that both caters for our current players as well as attracts new ones. We are looking forward to a long lasting and mutually beneficial partnership.”

K.A.K. will be one of a select few operators in North Macedonia to sell online players table games as well as a full portfolio of slots through their LeGrand casinos. In an attempt to capitalise on their digital transformation from land based to online gambling, K.A.K. has said it has selected GiG ‘s casino platform offering as well as its managed media services.

GiG CEO Richard Brown has added: “North Macedonia has a long history in the land based casino segment, and is a major casino tourist destination in the region.

“Partnering with a leading brand, hospitality and entertainment group in the region is an exciting opportunity for GiG and we look forward to helping replicate LeGrand Casinos retail success online as the market regulates.”