Starcasino, one of Belgium’s leading online and land-based casino groups, has signed a significant partnership agreement with GiG (Gaming Innovation Group) to establish its presence in the Spanish market. This deal marks GiG’s 14th operation in Spain and provides Starcasino with an opportunity to leverage GiG’s expertise and experience in the country. With both sports and casino licenses already secured, Starcasino aims to capitalize on the robust Spanish iGaming market, which generates over €800 million ($834.7 million) in gross gaming revenue annually, with casino and sports accounting for 90% of this figure.
GiG’s Expansion and Expertise:
GiG, an iGaming technology company, has a strong foothold in Spain and brings valuable regulatory experience to the table. Hervé Schlosser, the Managing Director of Sportnco Gaming at GiG, expressed enthusiasm about the partnership, highlighting the potential of combining their sportsbook, platform technology, and regulatory knowledge to support established operators like Starcasino in entering new regulated markets. This collaboration allows GiG to extend its reach and showcase its capabilities in the Spanish iGaming sector.
Starcasino’s Impressive Profile:
Starcasino, recognized as one of Belgium’s largest regulated online and land-based casino groups, has earned a solid reputation for delivering personalized experiences to its casino players. The company’s decision to expand into the Spanish market underscores its commitment to growth and its confidence in GiG’s technologies and capabilities. Alejandro Casanova, the Country Manager for Starcasino Spain, expressed his satisfaction with the partnership, emphasizing the choice of GiG’s technologies to overcome the challenges of entering the Spanish market after a successful track record in Belgium.
Analysis of the Spanish iGaming Market:
The Spanish iGaming market represents a substantial opportunity for Starcasino and other operators. With an annual GGR exceeding €800 million ($834.7 million), it is a lucrative sector that promises growth and profitability. The dominance of casino and sports verticals, contributing 90% to the market’s GGR, highlights the potential for operators to capture a significant share of the Spanish gambling industry.
Starcasino’s strategic partnership with GiG marks its entry into the highly promising Spanish iGaming market. Leveraging GiG’s expertise, regulatory knowledge, and advanced technologies, Starcasino aims to replicate its success in Belgium and provide personalized experiences for Spanish casino players. With the Spanish market generating over €800 million ($834.7 million) in GGR annually, this collaboration positions both companies for growth and establishes a strong foundation for Starcasino’s expansion in Spain.