US expansion

GiG authorized to supply sportsbook and PAM services in Pennsylvania

2022-09-14
Reading time 1:46 min
Gaming Innovation Group (GiG) announced Wednesday it has received interim authorization from the Pennsylvania Gaming Control Board (PGCB), allowing it to do business in the US state as an interactive gaming manufacturer. Under the terms of the agreement, GiG can now offer its Player Account Manager (PAM) services and Sportsbook in the region.
 

In a press release, the company stated that it now holds over four years of experience in the US, and currently serves 26 regulated markets. It furthermore added that it has another 9 markets "in the pipeline." 

Of the latest authorization, the company said that "the addition of Pennsylvania to GiG’s list of accessible markets will further strengthen its ability to be the technical supplier of choice, for both new challenger brands and tier one operators alike."

The company added that its "nimble technology, built around easy configuration and event-driven architecture, complements the need to evolve as operators enter new, more complex markets."

Claudio Caruana, General Counsel for GiG, said: "The addition of a Pennsylvania authorization to our ever-expanding list of supported markets is a testament to the focus that GiG has placed on regulated markets which we strongly believe underpins sustainable and prosperous growth within the online iGaming industry."

"Pennsylvania will play a key role in our plans for expansion in North America, and we are delighted to power our partners with our award-winning technology in the region," Caruana added.

Figures posted in August by the PGCB, acknowledging the potential for growth, recorded iGaming revenue in Pennsylvania at 11% higher year-over-year, at $98.6 million.

Earlier this week, the company announced its partner PlayStar Casino was expanding into the state of New Jersey. Having partnered with Ocean Casino Resort to secure access to the limited license market in the Garden State, PlayStar Casino's launch will see the brand leverage its product offering, which is centered around GiG's platform.  

Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Condiciones de uso and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR