GiG to Provide Grupo Slots With

This week Argentinian betting site Grupo Slots announced that they've come to an agreement with Gaming Innovation Group Inc. and will adopt an online solution from the latter's platform moving forward.

The agreement will see GiG providing Grupo with a ready to use platform for online betting. The deal is good for four years, with the option to be extended for an extra year if results are up to expectations. This platform will provide an entire backend system as well as games, sportsbetting services, and other verticals to draw in punters. It's expected that the deal will be signed and finalized before the end of this fiscal quarter.

Grupo Slots operates more than 20 betting destinations in Argentina, with bingo halls, casinos, and lottery shops all available to adults.

Grupo Slots general manager Juan Ignacio Torres spoke about the deal, noting: "We are extremely pleased to have reached this agreement with a company like GIG, an international company with extensive experience, which demonstrates a high level of seriousness and excellence in the field of online gaming. On our part, we also contribute 35 years of experience, innovation, infrastructure and knowledge of the Argentine gambling market, currently being one of the few operators with an online gaming presence (www.jugadon.com). This agreement complements us and gives us a tool of quality and excellence to continue growing in this market with so much future potential."

GiG CEO Richard Brown also commented, noting: "I am extremely excited to partner with and onboard Grupo Slots. We see a great potential in the regulated environments within Argentina as that market is in the early transformation from offline to online gambling, and to partner with one of the largest and premier land-based operators in the market is a great opportunity to showcase our product in the LatAm market while delivering the platform for online gambling transformation for Grupo Slots."