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GIG Gets Gambling License from Malta

G.I.G. LICENSED BY MALTA AS A B2B SPORTS BETTING PROVIDER
 
New dimension for gambling group.
 
The online gambling company Gaming Innovation Group Inc. (GIG) has received an early Christmas present: a Class 4 Remote Gaming License from the Malta Gaming Authority (MGA) for its subsidiary BettingCloud Ltd. which allows the subsidiary to close B2B deals as a sports betting solution provider.
 
Betting Cloud wasted no time getting down to business, signing Wetten.com as its first client. Wetten.com is a German-facing operator which signed a platform agreement with GIG’s subsidiary iGamingCloud earlier this year. The company is looking to soft launch this week, with a full commercial launch expected early Q1 2017.
 
In a company statement Wednesday, GIG CEO Robin Reed said:
 
”We have reached a major milestone as we are now a fully licensed B2B gaming service provider for the Sports betting vertical. GIG is continuing to branch out in the iGaming value chain and is now a fully-fledged gaming service provider”.
 
GIG's statement reveals that it is currently developing technology to produce proprietary odds through its subsidiary OddsModel AS. The technology will be commercialized in 2017 and will be integrated onto BettingCloud which will then offer a range of services including odds feeds, content services, betting engine, risk management and trading tools.
 
The solutions will be sold independently, and can be bundled with GIG’s iGamingCloud platform.
 
“Within next year, these efforts will fully come into fruition and it will greatly benefit the company and our clients”, Reed said in reviewing plans for the coming year.
 
Last week OddsModel AS signed with the largest commercial TV channel in Norway for the provision of betting related content in relation to TV 2’s editorial and TV sports coverage.
 
TV 2 has a broad range of exclusive media rights including Premier League, Tour De France, World Cup and Euro Cup, including the qualifications for these. TV 2 aims for a leading position in editorial and broadcasting coverage of sports, and through the agreement, GIG will contribute to TV 2’s editorial betting services.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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