Beskrivning
| Land | Malta |
|---|---|
| Lista | First North Stockholm |
| Sektor | Sällanköp |
| Industri | Betting |
14 January 2025
GiG Software Plc
("GiG" or the "Company")
Multiple Partnership Agreements
GiG secures three new SweepX platform deals, expanding its presence in the social casino market
GiG Software Plc (First North: GiG SDB), a leading B2B iGaming technology company, is pleased to announce that is has agreed three new partnerships for the provision of the Company's social casino platform, SweepX (together, the "Agreements").
The Company is offering its SweepX solutions to a globally recognised social casino brand, a cryptocurrency affiliate leveraging strategic brand growth, and an industry veteran-led European iGaming business looking to grow its brand in North America.
The Agreements deliver further sales momentum for the Company's SweepX platform and are directly in line with GiG's ambitions to broaden its global reach and deliver sustained market growth.
SweepX was selected for its comprehensive suite of features, including its custom-built sweepstakes front-end, integrated AI capabilities, dual-wallet system, prize-redemption management, and one of the largest sweepstakes casino content libraries in the industry. These premium solutions will help drive customer growth and facilitate increased player engagement.
The sweepstakes gaming sector experienced fast-paced growth in 2023 and continues to expand, with the market currently valued at $5.6 billion. Projections estimate that the sector will grow at a +43% CAGR, reaching $11.4 billion by 2025, according to E&K data.
GiG will be showcasing SweepX, alongside its other iGaming products and services, at ICE Barcelona 2025 between 20-22 January 2025.
Richard Carter, Chief Executive Officer of GiG, commented:
"These three agreements highlight the enormous demand for premium online social casino solutions from within the significantly expanded addressable markets that SweepX allows us to access. By aligning our innovative technology with the evolving needs of the social casino sector, we are unlocking new opportunities for growth and firmly establishing GiG as a leading force in the future of the market.
We continue to demonstrate our ability to deliver cutting-edge solutions at both pace and scale, ideally positioning GiG to capitalise on the tremendous growth potential we can look forward to leveraging."
For further information, please contact:
| GiG Software PLC Richard Carter, Chief Executive Officer Phil Richards, Chief Financial Officer
| via Vigo Consulting / ir@gig.com |
| Vigo Consulting (Investor Relations) Jeremy Garcia / Kendall Hill / Peter Jacob | Tel: +44 (0) 20 7390 0230 |
About GiG Software Plc
GiG Software is a leading B2B iGaming technology company that provides premium solutions, products, and services to iGaming operators worldwide, fully compliant with regulatory requirements. GiG's proprietary technology empowers our partners by delivering dynamic, data-driven, and scalable iGaming solutions that drive user engagement, optimise performance, and propel sustainable growth in the ever-evolving digital landscape. GiG's vision is to be the pioneering force in the iGaming industry, transforming digital gaming experiences through innovation and technology that inspire and engage players worldwide.
GiG operates out of Malta and is listed on the Nasdaq First North Premier Growth Market in Stockholm, Sweden, under the ticker GiG SDB.
Find out more at www.gig.com.
Follow us on social media:
LinkedIn: https://www.linkedin.com/company/gig-gaming-innovation-group/