GiG Expands Its Footprint in Asia with Bloomberry Resorts Deal
Gaming Innovation Group (GiG), the leading B2B gaming technology provider, has announced its debut in the Asian market with a partnership to supply its gaming technology to the Bloomberry Resorts Corporation, which operates casino venues located in Metro Manila, Philippines.
GiG supplies its cutting-edge technology to Solaire Resorts in the Philippines.
LISTEN TO THIS ARTICLE:Bloomberry own and operate one of the largest gaming brands in the Philippines, Solaire Resorts, which includes Solaire Resort Entertainment City, Solaire Resort North and Solaire Online.
Under the terms of the deal GiG will supply the Solaire brand with a range of its awards winning solutions including its CoreX, and AI tools LogicX and DataX platforms. GiG boasts these machine learning services can enhance the customer gaming experience and this will lead to both increased player acquisition and retention.
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GiG Plans for Further Growth in Asia
The gambling market in the Philippines is experiencing significant expansion and PAGCOR, the gaming regulator for the country, estimates that by 2029 there will be more than 18 million individuals who are set to enjoy placing a wager. Most of this growth will occur in the online sector. In the Philippines, yearly gaming revenues are expected to reach $865 million by 2029.
In the statement GiG as outlined this deal is a significant milestone in the businesses drive to achieve global growth in regulated gaming markets, focusing on the Asian jurisdiction.
In September, GiG made the decision to split its platform and sportsbook divisions so it could focus on opportunities in the sweepstakes market in the United States (US).
This is a landmark moment for GiG as we enter the Asian iGaming market for the first time and continue to deliver on our strategic objectives, enlarging our total addressable market. Our experience in delivering cutting-edge iGaming solutions in evolving regulatory environments, together with Bloomberry's established market presence, means GiG is poised to take full advantage of the region's growing online gaming sector.
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