Gaming Innovation Group has detailed plans for further North American expansion after receiving licences to enter both Pennsylvania and Maryland.
The former is courtesy of a full interactive gaming manufacturer certification, while entry into Maryland has been achieved courtesy of the receipt of an online sports wagering operator permit.
These latest North American moves, said GiG, complement an “established five year presence” via New Jersey and Iowa, in addition to “upcoming partnerships” in Ontario.
With the group’s current access spanning 30 more markets, GiG has noted that it has further imminent entries across “some of the most complex regulatory environments available” in the pipeline.
Further North American expansion is expected to come through the establishment of a fresh US-based hub, which is slated to come to fruition later this year.
“Having placed a strong focus on expansion in regulated markets, we’re understandably pleased with the confirmation of our licences in two new US states,” stated Claudio Caruana, General Counsel for GiG.
“Regulation will continue to drive the industry in North America, as markets mature, allowing us to support and protect operators and their customers, establishing suitable, robust frameworks for sustainable growth.”
The licence issued by the Maryland Lottery and Gaming Control Agency will initially see GiG power the launch of Crab Sports in the Old Line State this May.
November 2022 saw online gaming debut in the state, with 10 retail and eight mobile sportsbooks said to have produced a handle of $441.5m and GGR of $59.6m for January, according to Eilers & Krejcik.
Furthermore, following the Pennsylvania Gaming Control Board green-light, a planned Keystone State launch is “expected in due course” which it is said will expand a relationship with an existing partner in North America.
Marcel Elfersy, Chief Commercial Officer at GiG, added: “With our plans to open our new US hub later this year and having recently been shortlisted with EGR North America in the full-service platform provider of the year category, our new licensed status in these very attractive online markets creates further opportunity for us to add value for new and established partners in the region.
“We’re excited about the possibilities these new states provide, starting with the launch of Crab Sports in Maryland in May on our PAM and sportsbook.”
