Large Gembling Company Is Aimed At The Croatian Market
Gaming innovation group (gig) to go to the croatian market after signing an argement to acquire a controlling stake in operator top games. This company, in turn, has the right to obtain permission to conduct remote gambling in the country.
Gig stated that it will buy 75% of top games shares, the amount of the transaction is not announced. At the same time, the croatian gembling operator with extensive experience in the organization of ground casino will retain 25% of the shares.
Payment will be based on the contribution to shareholders of its resources without cash. The local partner will cover the initial costs, and gig will give the rights to use its brand, game platform and operating expertise.
If the transaction takes place, the gaming innovation group plans to go to the croatian online casino market in the first half of 2020. Also gig stated that it will work in the country through one of its brands. Additional information on this issue does not disclose. Also in gig are confident that the deal will have a moderate impact on the 2020. In the first half of 2021, an accelerated increase in revenue is expected.
Acting executive director gig richard brown expressed positive emotions about the further development of the b2c business and entry into another regulated jurisdiction. According to him, for the company croatia is of interest in the context of gambling. Also, the country supports gig strategy to develop brands on the regulated market with great potential, which is also important for the operator.
Next richard brown recalled that gig has extensive experience in creating games with a fascinating interface. In his opinion, this is a good opportunity for a presentation of a profitable company’s offer and shows the desire to provide the user with a safe, responsible and competitive final product.
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