GiG Partners with Mooir eGaming for New Casino Platform
Gaming Innovation Group, known as GiG, has joined forces with Mooir eGaming to furnish their fresh online gambling venture with a casino platform solution. This long-term arrangement will see GiG supplying its Player Account Management (PAM) system for Mooir’s upcoming online casino.
Mooir will unveil the brand under its Isle of Man license. Although the operator has not disclosed the name of the product, their website showcases a brand named W6, which is anticipated to debut in 2024.
GiG currently provides casino platform and sports betting services to over 60 brands across the globe.
Stephen Trimble, the head of Mooir, expressed his enthusiasm for selecting GiG as the core PAM solution for their new casino brand. He emphasized GiG’s strong reputation in regulated markets, the adaptability of their software, and the cutting-edge features that align with Mooir’s values and aspirations.
Marcel Elfersy, GiG’s Chief Commercial Officer, underscored the company’s dedication to empowering clients to deliver localized experiences. He expressed excitement for the partnership with Mooir and confidence in driving expansion through ongoing improvement and innovation.
This agreement follows GiG’s record-breaking second quarter, showcasing their sustained success in the industry.
During the second fiscal period, GiG’s earnings achieved a peak of €34.9 million (£29.9 million/$37.7 million).
This marked the initial reporting period following GiG’s declaration of its intentions to divide its operations. After a comprehensive strategic assessment, GiG resolved to segregate its platform and sports wagering activities from its GiG Media enterprise. Both entities will function as independent publicly traded firms.
A few months subsequent to this announcement, Richard Brown declared his decision to step down from his position as Chief Executive Officer at the conclusion of 2023. Earlier this month, Richard Carter, previously the Chief Executive Officer of SBTech, was designated to lead the forthcoming segregated platform and sports betting division. The separation is anticipated to be finalized in the initial half of 2024.
Last month, it was disclosed that the Eurozet family ascended to the position of GiG’s largest equity holder after acquiring an 11.08% ownership interest in the company. Previously, the family relinquished a 70% stake in their Polish betting operator STS to the Entain CEE joint venture.
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