Gaming Innovation Group to drive Betsson's Inkabet brand in regulated Peru

18 Jul 2024 10:00 CEST

Gaming Innovation Group Inc. (GiG) has announced an agreement for the provision
of its award winning Platform to power long-term tier 1 partner Betsson's
Peruvian brand Inkabet, as the relationship continues to expand across new
regulated markets. Inkabet has now been granted their Peruvian licence, and will
start operations later this month.

This agreement further reinforces GiG's strong relationship with Betsson, with
the Inkabet brand migrating onto GiG's powerful new technology and expanding an
alliance that covers live brands in eight markets across Europe and Latin
America, with significant potential for further expansion.

GiG has proved itself as a valued ally for Betsson Group as they continue a path
of significant growth throughout regulated markets, with GiG having establishing
a strong reputation for building  successful long-term partnerships, with
expansion announced for Betway, Casumo, Bplay and GoldenPark partnerships over
the first half of this year alone.

With the approval of iGaming casino and sports betting regulation through the
Peruvian senate in October 2023, Betsson has obtained license for this newly
regulated market that cover online casino and sports betting for Inkabet. GiG
has extensive experience of powering brands across Latin American markets,
standing at the forefront for ambitious operators seeking growth opportunities,
combining regional expertise with the latest event driven technology to provide
a feature packed offering that will quickly establish and drive growth for
Inkabet across Peru.

James Coxon, Chief Operating Officer at GiG said; "This partnership marks
another milestone in our journey together with Betsson, spanning across multiple
regulated markets. At GiG, we pride ourselves on fostering successful long-term
partnerships, and Betsson's trust in our capabilities is a testament to that.
With our extensive experience in Latin America and our cutting-edge technology,
we're confident that on GiG's technology, Inkabet will drive exponential growth
in Peru's burgeoning iGaming market."

Ronni Hartvig, Chief Commercial Officer at Betsson Group said, "We are excited
to strengthen our partnership with GiG through the launch of Inkabet on their
platform. This collaboration aligns perfectly with our strategic goals and
commitment to providing top-tier gaming experiences in regulated markets. With
GiG's proven technology and deep expertise in Latin America, we are confident
that Inkabet will achieve significant growth and success in Peru's newly
regulated iGaminglandscape. We look forward to continuing our joint efforts in
delivering exceptional value to our customers across the region."


For further information, contact:
Richard Carter, CEO Platform & Sportsbook, richard.carter@gig.com

About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing
solutions, products and services to iGaming Operators. Founded in 2012, Gaming
Innovation Group's vision is 'To be the industry-leading platform, sportsbook
and media provider delivering world-class solutions to our iGaming partners and
their customers.  GiG's mission is to drive sustainable growth and profitability
of our partners through product innovation, scalable technology and quality of
service. Gaming Innovation Group operates out of Malta and is dual-listed on the
Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under
the ticker symbol GIGSEK. www.gig.com

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