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Gaming Innovation Group Signs First External Sportsbook Contract with MRG's 11.lv in Latvia
This is a milestone as the first external operator GiG has signed on its new sports betting services.
11.lv is Latvia´s third largest licensed iGaming operator and an existing customer of GiG. In June, MRG announced its acquisition of 75% of the shares in 11.lv.
Janis Tregers, CEO of 11.lv, says:
The agreement is based on revenue share and is expected to go live in Q4 2018. The deal is expected to have marginal contribution on GiG´s overall revenues in 2018, with an increase in 2019 and beyond.
Robin Reed , CEO of GIG, +356-9999-0382, robin@gig.com
Anna-Lena Åström, GIG Head of IR & Corporate Communications, +356-796-998-48, anna.lena@gig.com
About Gaming Innovation Group (GiG):
Gaming Innovation Group Inc. is a technology company providing 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 our ecosystem of products and services, we are connecting operators, suppliers and users, to create the best iGaming experiences in the world. Gaming Innovation Group operates out of state-of-the-art offices in St George's Bay, Malta and is listed on the Oslo Stock Exchange under the ticker symbol GIG.
For more information about the Company and our services:
https://www.gig.com/
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