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Gaming Innovation Group secured Swedish licenses

GIG

Gaming Innovation Group Inc. (GiG) announced today they have obtained two licenses in the new Swedish regulated market. One license is secured for its in-house brands, including Rizk, Guts, Highroller, Thrills, Kaboo and BetSpin and the other license is for use to its external customers. The Swedish market will be regulated from 1 January 2019 with a betting duty of 18%, the licenses are awarded by The Swedish Gambling Authority. GiG currently holds licenses in Malta, UK, New Jersey, Germany (Schleswig-Holstein), Sweden and has a pending license in Spain.
 

Petter Nylander, (GiG) says: “I am very excited in joining GiG in this dynamic market at this point in time, the Company is ready for its next phase of expansion with an accelerated need for compliance and end user safety. GiG will shortly be moving its listing to Sweden and it is a pleasure to see the Swedish market re-regulate, which is something I have personally been fighting for over a significant period.”