International edition
October 26, 2020

Online licenses in Hungary are only available to land-based operators

Gaming Innovation Group signs with Casino Win in Hungary

Gaming Innovation Group signs with Casino Win in Hungary
“We are very pleased to move into the regulated Hungarian market supporting Casino Wins expansion into online.experience,” states Richard Brown, Chief Executive Officer of GiG.
Hungary | 09/18/2020

The casino offering is expected to go live in H1 2021, and this partnership is expected to make a positive contribution to GiG's revenues from the second half of 2021.

G

aming Innovation Group Inc. (GiG) has today signed a long term contract with Casino Win, one of Hungary’s leading land-based casino operators, for the provision of GiG’s platform, frontend development and managed services to launch their digital operation in the regulated Hungarian market.

Casino Win has been present in the Hungarian gambling market since 2016, and has always prioritised their players to ensure that they receive the highest possible levels of service, coupled with the latest gambling equipment and technology to provide the best gaming experience there is. To complement their successful land-based operations, Casino Win is now taking their operation to the next level by entering the online space.

Online licenses in Hungary are only available to land-based operators who have physical locations within the country. At present there are only four operators in Hungary of which two are already online, with Casino Win becoming the third in H1 2021.Casino Win own three casinos in leading locations across Hungary and offer an extensive selection of slots games as well as roulette, blackjack and poker.

The agreement is based on a combination of fixed fees and revenue share structure. The casino offering is expected to go live in H1 2021, and this partnership is expected to make a positive contribution to GiG's revenues from the second half of 2021.The term of the contract is for an initial three year period.

Zsolt Kruppa Managing Director of Casino Win says: “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 regulated Hungarian online market. We believe that by joining our efforts we can transfer the feel and look of our 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.”

“We are very pleased to move into the regulated Hungarian market supporting Casino Wins expansion into online. They have a proven track record of success and have some of the market-leading land-based operations. We believe that this, in conjunction with GiG’s tailored online offering will lead to further success for the companies, while providing Casino Win’s customer base a seamless, high quality retail and digital experience,” states Richard Brown, Chief Executive Officer of GiG.

Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.