The new online casino will operate from Malta, and offer online gambling services to customers throughout New Zealand. This will be subject to the regulation of the New Zealand market, which the company expects in the foreseeable future.
The deal will be made with SkyCity Malta, a wholly owned subsidiary of the Auckland-based casino operator. According to the terms of the deal, GiG will be responsible for providing their turnkey online gambling solutions which includes fully managed gaming services, a complete technical platform, the entire gaming content, CRM, the front-end development of the site and all the marketing and legal compliance involved in running an online casino.
It is expected that GiG will launch the new online casino somewhere during the third quarter of 2019, although the exact date is still to be determined. The new venture is only expected to have a major financial impact on the company from early 2010.
GiG Chief Executive Comments
Speaking to the press, SkyCity chief executive Graeme Stephens said that the company is delighted to have partnered up with GiG. They are excited about the prospect of establishing a European-based online casino. Mr Stephens said that the company’s group strategy plan mainly involves growing and diversifying their earnings, which is why they were happy to join with GiG. He said that developing an online presence works to compliment the company’s existing land-based operations in New Zealand and will enable them to offer enhanced gaming options to all their customers.
Mr Stephens went on to say that GiG is a world-class company with top-notch teams, platforms, systems and productions. It is important for the SkyCity to share their focus on creating a responsible gambling platform for all their customers. From his side, he is looking forward to working with the entire team as they enter a new and exciting phase of growth.
SkyCity is a major operator in the New Zealand market. The company operates four out of the six land-based casinos, including the famous SkyCity Auckland, the SkyCity Wharf, SkyCity Queenstown and the SkyCity Hamilton. The company also operates the Adelaide Casino in Australia.