Information Technology
GiG Software Plc ("GiG" or the "Company"): Update on Partnership with Primero
The launch of GiG's SweepX solution in the U.S. represents a significant achievement for the Company and aligns with its strategy to partner with major operators in regulated markets.
As announced on 30 May 2024 , GiG has provided Primero with the digital infrastructure to enable its entry into the online sweepstakes casino market for the first time. Through SweepX, GiG will provide Primero with access to a comprehensive product and services ecosystem comprising its premium iGaming platform technology alongside a dual-wallet system, prize-redemption management, a bespoke sweepstake back-office, AI-assisted gamification layer, and one of the most extensive sweepstakes casino content libraries available.
The sweepstakes gaming sector saw tremendous growth in 2024 and continues to rise, with the market valued at $5.6 billion . Projections estimate the sector will grow at a +43% CAGR, reaching $11.4 billion by 2025, according to E&K data.
Phil Richards, Chief Financial Officer
GiG@vigoconsulting.com
GiG Software is a leading B2B iGaming technology company that provides premium solutions, products, and services to iGaming operators worldwide, fully compliant with regulatory requirements. GiG's proprietary technology empowers our partners by delivering dynamic, data-driven, and scalable iGaming solutions that drive user engagement, optimise performance, and propel sustainable growth in the ever-evolving digital landscape. GiG's vision is to be the pioneering force in the iGaming industry, transforming digital gaming experiences through innovation and technology that inspire and engage players worldwide.
GiG operates out of Malta and is listed on the Nasdaq First North Premier Growth Market in Stockholm, Sweden , under the ticker GiG SDB.
Find out more at www.gig.com.
LinkedIn: https://www.linkedin.com/company/gig-gaming-innovation-group/
X: https://twitter.com/GIG_online/
Founded in 2009, Primero Games specialises in developing innovative casino software and equipment for the gaming industry, with over 50,000 sweepstakes machines across the US, and also own Storm Games ltd, a UK retail operator and content studio.
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