Gaming Innovation Group Powers Rizk Debut In Serbia

Gaming Innovation Group powers Rizk launching in Serbia.


Sep 7, 2023|News, Sports Betting, iGaming


Gaming Innovation Group has announced its award winning gambling establishment platform is now live in Serbia with Betsson's popular gambling establishment brand name, Rizk. This is GiG's launching launch in the Balkan nation.


Following the announcement in June this year of a similar launch for Rizk in Germany, this newest growth develops on a relationship that has actually grown to now serve 10 regulated markets across Europe and Latin America, given that Betsson acquired the brand name from GiG in 2020.


Serbian online video gaming revenue is expected to generate near to EUR120m in 2023, with a yearly growth rate of over 8% over the next four years, according to H2 gambling data.


GiG's B2B platform is showing skilled at satisfying the requirements of tier 1 operators like Betsson. Amongst the most nimble technology stacks readily available anywhere in the world, GiG's user centric, and scalable approach allows operators the flexibility to mould a bespoke and localised product, leveraging personalisation and increasing acquisition and retention chances.


Marcel Elfersy, Chief Commercial Officer at GiG said: "Our relationship with the group at Betsson continues to offer exciting new opportunities as we broaden even more into brand-new and emerging markets together. Serbia and the larger CEE region is a crucial focus of development for us, having constructed a complete suite of tailorable platform and sportsbook services well fit to satisfy and go beyond the expectations that leading operators have from their platform partners. "


Andrew Valenzia at Betsson, added; I am optimistic that Rizk will in Serbia, an amazing market for us at Betsson Group. I would like to reveal my appreciation to all the groups included for their dedication and effort in making this market entry possible.


Gaming Innovation Group is a leading iGaming technology business, supplying services, services and products to iGaming Operators. Founded in 2012, Gaming Innovation Group's vision is 'To be the industry-leading platform and media supplier delivering world-class solutions to our iGaming partners and their customers. GiG's objective is to drive sustainable development and profitability of our partners through product innovation, scalable innovation and quality of service. Gaming Innovation Group operates out of Malta and is dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under the ticker sign GIGSEK. www.gig.com