Spettacolo
Gaming Innovation Group Partners With SKYCITY Entertainment Group Limited
SKYCITY is a listed company in both New Zealand and Australia and is New Zealand's largest and most renowned tourism, leisure and entertainment company with casino gaming facilities in both countries. There are currently six land-based casinos operating in New Zealand , of which SKYCITY owns four.
The vision for SKYCITY, is to be the leader in gaming, entertainment and hospitality in its communities. One of the cornerstones in its corporate responsibility mission is the importance of responsible gaming.
All gambling which takes place in New Zealand is regulated by the country's Department of Internal Affairs. The general expectation is that the country will regulate online casino gambling in the foreseeable future.
The launch of the online casino offering is planned for Q3 2019, GiG does therefore not expect a material impact on its revenues this year. However, this partnership is expected to make a significant positive contribution to GiG's revenues from 2020 onwards.
Graeme Stephens , Chief Executive Officer of SKYCITY says:
Robin Reed , Chief Executive Officer at GiG says
Note: In GiG's Q4 2018 report, page 10, following statement was made which referred to the agreement with SKYCITY:
Robin Reed , CEO of GIG, robin@gig.com +356-999-903-82
Anna-Lena Åström, GIG Head of IR & Corporate Communications, anna.lena@gig.com +356-796-998-48
This information is information that Gaming Innovation Group Inc. (GiG) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, at 11:00 CEST on 21 May 2019.
Gaming Innovation Group Inc. is a technology company providing solutions, products and services throughout the entire value chain in the iGaming industry. Founded in 2012, Gaming Innovation Group's vision is 'To open up iGaming and make it fair and fun for all'. Through its ecosystem of products and services, GiG is connecting operators, suppliers and users, to create the best iGaming experiences in the world. 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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