Gaming Innovation Group (GiG) receives a 5-year casino service license in the state of New Jersey. Wherein the company’s subsidiary, iGaming Cloud, obtains a permanent permit from the Casino Service Industry Enterprise (CSIE). This will allow the company to provide real-money platform solutions of offline and online casinos to state operators.
The application was filed back in June 2018, and GiG has supported Hard Rock International’s casino operations in New Jersey. That is under a transactional waiver pending the final approval. Now, a license from the Division of Gaming Enforcement (DGE) in New Jersey, USA, has been granted.
Thoughts on the 5-year Casino Service License
GiG’s CEO shared his excitement for the 5-year casino service license. He is delighted to receive the CSIE license after a long and comprehensive process. According to the casino forum, the CEO continues outlining the permit as an excellent achievement for GiG.
He also notes that this milestone only affirms that the platform, procedures, and operations that GiG offers. Furthermore, these are all meeting the highest standards on the market.
GiG Continuous Growth
The GiG is a technology company providing solutions for the iGaming industry. Which is not only limited to online casinos that offer online slot machines. It was founded in 2012 with a vision to open up iGaming and make it fair and fun for all. GiG operates from Malta and also listed on both Oslo stock Exchange as NASDAQ Stockholm Exchange under GIG and GIGSEK, respectively.
In 2018, GiG applied for a license in New Jersey. Back then, the company enters the New Jersey gaming market under a transactional waiver. The waiver effectively allows GiG to provide a sportsbook and casino platform to Hard Rock International. With the current license, the company finally and officially entered the New Jersey market.
Earlier this year, GiG sold Business-to-Consumer assets to Betsson. The strategic move by the company aims at improving efficiency. GiG manages to free valuable resources that can lead to Business-to-Business transactions.