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iGAMING

GiG enters Asia via an agreement with Bloomberry Resorts Corporation

This association with the Filipino land-based casino group is a significant endorsement of the company’s innovative solutions and represents a major step in GiG’s growth strategy as it aims to further its reach in regulated markets around the world.
November 12, 2024
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The supplier will offer Bloomberry and the Solaire brand access to a range of the firm’s best-in-class technology solutions, such as its iGaming platform CoreX, and AI tools LogicX and DataX.

Relevant iGaming supplier Gaming Innovation Group (GiG) has secured a long-term deal with Bloomberry Resorts Corporation and its flagship brand Solaire Resorts, one of the Philippines’ largest and most established land-based casino and leisure groups.

Bloomberry owns and operates Solaire Resort Entertainment City, the first premium/luxury hotel and gaming resort in Metro Manila, the Philippines, alongside Solaire Resort North and Solaire Online. This Filipino offering, alongside its investments in South Korea, has enabled Bloomberry to establish itself as a market-leading operator and resort developer in the Asia-Pacific region.

As part of this association, GiG will provide Bloomberry and the Solaire brand access to a range of the company’s best-in-class technology solutions, enabling the group to significantly enhance its online gaming offering in the Philippines. In this sense, Bloomberry and Solaire will be able to utilize GiG’s iGaming platform CoreX, and AI tools LogicX and DataX.

With a growing industry emphasis on AI and automation, the incorporation of the advanced machine learning models into Solaire’s toolkit will result in enhanced decision-making processes and rule-building, helping deliver significant increases in player acquisition and customer retention.

The online gaming market in the Philippines continues to experience steady growth, with revenues projected to reach USD 865 million by 2029 and expanding at an expected compound annual growth rate (CAGR) of 4.9% between 2024-2029. According to the country’s regulator, PAGCOR, the online gaming industry is set to hit over 18 million users by 2029.

Richard Carter, Chief Executive Officer at GiG, commented: “This is a landmark moment for GiG as we enter the Asian iGaming market for the first time and continue to deliver on our strategic objectives, enlarging our total addressable market. Our experience in bringing cutting-edge iGaming solutions to evolving regulatory environments, together with Bloomberry’s established market presence, means GiG is poised to take full advantage of the region’s growing online gaming sector.”

AI tools Asia association Bloomberry Resorts Corporation brand business CoreX DataX deal development entering Gaming Innovation Group GiG growth innovation land-based gaming LogicX market markets online gaming operator partnership platform products Richard Carter Solaire Resorts sportsbook supplier technology The Philippines
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