GiG Extends Sports Wagering Agreement with KAK in Macedonia
Gaming Innovation Group (GiG) has reached an agreement to broaden its collaboration with KAK DOO Skopje, supplying online and in-person sports wagering solutions for the North Macedonian casino organization.
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GiG Extends Sports Wagering Agreement with KAK in Macedonia
Under the accord, GiG will furnish KAK with its complete end-to-end sports wagering solution.
The in-person aspect of the accord will encompass an initial 25 KAK land-based sports wagering locations across North Macedonia.
GiG’s partnership with Betgenius will also ensure that KAK will be able to gain access to comprehensive real-time data, trading and risk management services, enabling it to offer players official sports wagering content from over 300 competitions worldwide.
The accord, which is based on a fixed fee and revenue sharing structure, will see the new sports wagering product launched in the second quarter of next year.
“Our recent decision to enter the in-person and online sports wagering market is a natural progression for us, building on our successful land-based casino operations, and we believe this is a very exciting proposition,” said Ognjan Cigovski, CEO of KAK.
“We can now offer our customers a full suite of products, covering multiple locations as well as online.”
GiG has inked a fresh deal with KAK to incorporate GiG’s sports betting technology into KAK’s online gambling platform, which is also powered by GiG. This agreement will offer KAK’s customers a smooth and comprehensive experience, as per GiG’s chief executive, Richard Brown. Furthermore, GiG has entered into a long-term contract with Admirālu Klubs, a Latvian land-based gambling operator, to furnish them with novel digital services. Under this three-year pact, GiG will supply the operator with platform, sports betting, and front-end development services to empower them to launch online betting and gaming within the regulated Latvian market.