GoldenPark has begun its expansion as the online casino operator has set sights on the regulated Portuguese market in a move powered by Gaming Innovation Group.
This builds on an existing partnership between the two entities which started in Spain in 2019, with GiG using its player account manager and sportsbook services to bring GoldenPark to Portugal for the first time.
David Bonnefous Saavdera, Commercial Director of GiG, stated: “I’m pleased that we have been able to help expand GoldenPark’s online operations into Portugal, delivering what we believe to be a product that is adaptable, resilient and perfectly suited to serve the needs of operators in the Iberian peninsula.
“I’m also proud that GiG’s expertise enables our partners to develop in a multi-regulation business, and gives them the chance to replicate the success they’ve had in their home country. ”
Signalling GoldenPark’s first expansion into a country other than Spain, the deal will also see GoldenPark become GiG’s second only Portugal-focused B2B partnership after the group previously collaborated with Betway in the nation.
GiG’s announcement suggested that the regulated Portuguese market is “one of the most robust regulatory online gaming frameworks”, and the collaboration will hope to utilise GiG’s solutions to capitalise on the country’s expanding igaming sector.
José Giacomelli, CEO of Online Division of MGA, added: “Portuguese regulation is in itself a major challenge for our operations. We are very happy to be able to face it together with GIG as a key factor of our success. Our expansion plans include strong growth in this country and we believe that the platform should help us to achieve this objective.”
In a recent announcement, GiG confirmed that the Juroszek family had purchased over 1.3m additional shares in the company to become GiG’s largest shareholder.
