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GiG Partners with Grand Casino Basel

GiG Partners with Grand Casino Basel
by
April 16, 2024
in Business News, iGaming News
63

Gaming Innovation Group (GiG) has revealed its partnership with Grand Casino Basel, a renowned name in the land-based casino industry in Switzerland. This collaboration not only underscores GiG’s strategic expansion but also signals a pivotal shift for Grand Casino Basel’s online presence.

GiG's Entrance into the Swiss Market

The announcement heralds GiG’s debut in the Swiss regulatory landscape, a move indicative of its proactive approach to tapping into emerging markets. Grand Casino Basel, currently holding the distinction of being the sole online grand casino in Switzerland, will undergo a transformative journey as it migrates its existing online operation, Golden Grand Casino, onto GiG’s advanced platform.

Introducing the X-Suite: A Technological Marvel

GiG’s recent unveiling of the X-Suite marks a paradigm shift in iGaming solutions. This suite encompasses CoreX platform, LogicX, an advanced machine learning toolkit, and DataX, a tool enhancing decision-making processes and rule building. The incorporation of cutting-edge, event-driven technology underscores GiG’s commitment to delivering agility, scalability, and revenue growth support to its partners operating in complex regulated markets.

Navigating the Regulatory Landscape

In Switzerland, obtaining an online casino license necessitates holding a pre-existing land-based casino license. With only 10 such licenses currently in operation, the Swiss iGaming landscape presents a unique set of challenges and opportunities. Industry experts project a robust growth trajectory for the online market, estimating a staggering 30% year-on-year increase, with anticipated gross gaming revenue (GGR) exceeding €440 million by the close of 2024, as per data from H2 Gambling Data.

GiG: A Trailblazer in Digital Transformation

GiG’s established track record in facilitating the digital evolution of land-based casinos positions it as a frontrunner in propelling online growth for operators in Switzerland. Having successfully launched and nurtured established operators across Europe, Latin America, and North America, GiG brings a wealth of experience and expertise to the Swiss online gaming landscape.

Industry Voices

Andrew Cochrane, Chief Business Officer of GiG, expressed his enthusiasm regarding the partnership with Grand Casino Basel, emphasizing the value proposition it presents in leveraging GiG’s robust platform technology, CoreX. He reiterated GiG’s commitment to driving value and growth in the dynamic Swiss online market.

Kai Laepple, Chief Executive Officer at Grand Casino Basel, echoed Cochrane’s sentiments, expressing confidence in the partnership with GiG. Laepple underscored the anticipation of a fruitful collaboration and joint success in navigating the evolving Swiss online casino landscape.

Conclusion

The collaboration between GiG and Grand Casino Basel marks a significant milestone in the Swiss online gambling industry. As both entities combine their strengths and expertise, they are poised to capitalize on the burgeoning opportunities presented by the Swiss regulatory framework. With innovation at its core and a shared vision for growth, this partnership sets a precedent for future collaborations in the dynamic world of online gaming.

FAQs

What does GiG’s partnership with Grand Casino Basel signify?
GiG’s partnership with Grand Casino Basel marks its entry into the Swiss online gambling market, showcasing its commitment to expansion and innovation.

What distinguishes GiG’s X-Suite from conventional iGaming solutions?
GiG’s X-Suite introduces a range of cutting-edge technologies such as CoreX platform, LogicX, and DataX, aimed at enhancing agility, scalability, and revenue growth for its partners.

How does the Swiss regulatory framework impact online gambling operators?
In Switzerland, online casino licenses are contingent upon holding a pre-existing land-based casino license, presenting both challenges and opportunities for operators in the market.

What growth prospects does the Swiss online gambling market offer?
Industry projections anticipate a robust year-on-year growth rate, with the Swiss online market expected to reach over €440 million in gross gaming revenue by the end of 2024.

What sets GiG apart as a facilitator of digital transformation for land-based casinos?
GiG’s extensive experience in launching and nurturing online operations for land-based casinos across various regions positions it as a leader in driving digital growth.

What role does technology play in GiG’s partnership with Grand Casino Basel?
Technology serves as a cornerstone in enabling scalability, agility, and revenue optimization, fostering a mutually beneficial partnership between GiG and Grand Casino Basel.

How does GiG envision driving value and growth in the Swiss online market?
GiG is committed to leveraging its expertise and robust platform technology to drive value and sustainable growth for its partners in the evolving Swiss online gaming landscape.

What benefits does the collaboration between GiG and Grand Casino Basel offer to players?
Players can expect enhanced gaming experiences, access to a diverse range of offerings, and the assurance of a trusted and reputable online gaming platform.

What factors contributed to Grand Casino Basel’s decision to partner with GiG?
Grand Casino Basel recognized GiG’s proven track record, innovative technology solutions, and commitment to delivering exceptional digital experiences as key factors in forging the partnership.

How do GiG and Grand Casino Basel envision navigating the competitive landscape of the Swiss online gaming market?
By combining their strengths, expertise, and shared vision for innovation, GiG and Grand Casino Basel aim to carve a distinctive niche and establish a competitive edge in the Swiss online gaming arena.

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