Software provider Gaming Innovation Group (GiG) has entered the lottery betting vertical after signing a long-term contract with MegaLotto.
The deal will see it supply its technical platform services and casino games to the new start-up which is backed by Optimizer Invest and will allow users to bet on the results of the world’s largest lotteries.
GiG will support MegaLotto in its strategy of offering betting on multi-country lotteries and casino games to its end users in various markets. Launch is planned for mid-2019 and hence, is expected to have limited impact on GiG’s revenues in 2019, with an increase from there onwards.
Ben Clemes, CCO at GiG, says: “I am delighted to add further growth potential for GiG by entering the Lottery vertical with MegaLotto. We share the same ambitions of a fun, fair, responsible and innovative user experience. GiG covers all verticals in iGaming, by adding lottery to our games vertical, we are strengthening our competitive advantage as a global full service provider.”Follow us on