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(GiG) (STO: GIGSEK) and Hard Rock International (HRI) have agreed to a “mutual termination” of their platform and sportsbook services arrangement. Online Casino Online Casino Both parties were in agreement that while the relationship was a “fruitful” one, culminating in an upswing in results during 2020, they were unable to comeonline slots deals to terms for a commercial agreement that would support the other’s strategic aims. Online Casino Online Casino Online Casino Accordingly, GiG will be immediately released from an exclusivity clause in the contract with Hard Rock, allowing for the Malta-headquartered B2B company to pursue new business prospects in the U. S. Opportunities beyond:In a statement in a company press release, Chief Executive Officer for Gaming Innovation Group, Richard Brown, commented on the parting of ways…“Through the partnership with HRI the GIG organisation has been able to build and customise a very strong omnichannel product which has helped HRI online to break records during 2020. Free 7 Slot Machine Games I am extremely proud of what our company has delivered in the past two and a half years we have been active in the US. Online Casino We have a high quality, innovative omnichannel solution that we have built out of work with HRI and a very competitive casino offering that can be tailored to the US market which we believe can lead to future success as more states begin to regulate online. Online Casino
“GiG is in a strong position to pursue further business opportunities in a fast-evolving US landscape, which we now look to intensify, having a fully compliant and quality solution operational in two US states, easily configurable to additional states. Online Casino However, the global gambling market is an exciting one and we believe there are considerable areas of growth globally. GiG will support Hard Rock fully as they migrate to their new supplier and we wish them well in thonline slots dealseir future endeavours,” said Brown. Ops migration:According to the press release, the migration of online operations to a new provider is expected to take place during the first quarter of 2021, while retail sports betting will be moved prior to the end of 2020. Online Casino Senior Vice President Online Gaming and Sports Betting for Hard Rock International, Kresimir Spajic, stated…“We are thankful to GiG for helping us take our first
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