December 19, 2016 / 7:23 AM / 7 months ago

BRIEF-GIG signs two new iGC contracts, obtains licence on Malta

1 Min Read

Dec 19 (Reuters) - Gaming Innovation Group Inc :

* Subsidiary iGamingCloud has signed two new agreements for provision of its platform services.

* Two recurring revenue share based agreements has a minimum annualized contract value of 600,000 euros ($630,000)

* Obtains class 4 remote gaming license on Malta

* First operator to be launched on BettingCloud license is German facing operator Wetten.com

* Wetten is looking to soft launch this week with a full commercial launch expected early Q1 2017 Source text for Eikon:

Further company coverage: ($1 = 0.9556 euros) (Gdynia Newsroom)

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