{"id":1802530,"date":"2023-02-03T13:01:40","date_gmt":"2023-02-03T18:01:40","guid":{"rendered":"https:\/\/platogaming.com\/plato-data\/gig-concludes-a-deal-to-power-up-casino-times-expansion-in-growing-ontario-market\/"},"modified":"2023-02-03T13:01:40","modified_gmt":"2023-02-03T18:01:40","slug":"gig-concludes-a-deal-to-power-up-casino-times-expansion-in-growing-ontario-market","status":"publish","type":"station","link":"https:\/\/platogaming.com\/plato-data\/gig-concludes-a-deal-to-power-up-casino-times-expansion-in-growing-ontario-market\/","title":{"rendered":"GiG concludes a deal to power up Casino Time\u2019s expansion in growing Ontario market"},"content":{"rendered":"
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Following a Head of Terms agreement announced on 30 November 2022, Gaming Innovation Group (GiG), a leading technology solutions provider to the iGaming industry, has concluded the supply deal with online casino operator Casino Time. The deal includes the provision of GIG\u2019s award-winning Platform, Sportsbook<\/a>, and the state-of-the-art OMNI channel solution to the Ontario<\/a>-based operator.<\/p>\n

Supply deal series:<\/strong><\/p>\n

The latest deal<\/a> is likely to launch these products and solutions live in the second half of the year to continue GiG<\/strong>\u2018s series of operations powered upon the approval of its supplier license<\/strong> by the regulator AGCO<\/strong> in July last year. Indeed, Casino Time<\/strong> is the fifth operator to enter a supply agreement with the industry\u2019s leading provider since July 2022.<\/p>\n

Fundraising model introduction:<\/strong><\/p>\n

The content provision deal will thus mark further GiG\u2019s expansion<\/strong> in the Canadian province, and facilitate top quality of the reputable operator\u2019s offerings, as well as an enhanced player experience<\/strong>. Casino Time is a Canadian<\/a> joint venture bringing together leading retail operators in Ontario\u2019s Charitable Gaming sector and proudly providing fundraising to over 2000 charities for more than 50 years. The deal also marks the company\u2019s first introduction<\/strong> of the joint fundraising model into the iGaming sector<\/strong>.<\/p>\n

Escorting online expansions:<\/strong><\/p>\n

Casino Time<\/strong>\u2018s iGaming strategy and mission will be attainable now that its platform will be powered by GiG<\/strong>\u2018s cutting-edge solutions. GiG<\/strong><\/a> thrives to use the best technology available to cover all key functions in the iGaming sector, ranging from player account management to trading and risk management. Its reputation and experience as a provider of market-leading technology<\/strong> are the best recommendations for land-based casinos for the escort of their online expansions.<\/p>\n

Projected market value:<\/strong><\/p>\n

For this reason, GiG<\/strong> currently covers multiple Ontario locations to stay aligned with its mission focused to drive sustainable growth and profitability through product innovation and quality of service. The company sees Ontario<\/strong> as an attractive jurisdiction for iGaming stakeholders as the market is expected to reach \u20ac2 billion<\/strong> in gross gaming revenue by the end of 2025.<\/p>\n

Marcel Elfersy<\/a>, Chief Commercial Officer of GiG, <\/b>said: \u201cA 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\u2019re demonstrating that we are well positioned to power the needs and aspirations of land-based operators looking to enter the online space.\u201d<\/i><\/p>\n

D\u2019Arcy Stuart<\/a>, founder, and CEO of Casino Time<\/b> said: \u201cWe are proud to extend our partnership with Ontario\u2019s charities in iGaming. Casino Time will deliver the personalized 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.\u201d<\/i><\/p>\n

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