Gaming Innovation Group Inc. (GiG), has signed a head of terms agreement with a Tier 1 retail operator in the UK for the provision of its turnkey managed service solutions. The turnkey solution, powered by its leading technology and flexible architecture, includes the technical platform, fully managed services, gaming content, frontend development, CRM, compliance and marketing, all powered by GiG's unique data and GiG Logic rules based solutions. GiG will provide its fully managed solution to operate the online casino as phase one with expansion into further verticals planned for the second phase of the partnership.

Through GiG's full turnkey managed service solution, the complexity of digitally transforming the retail business online is greatly reduced, whilst at the same time, reducing the operator's cost of entry. It is anticipated that the full contract will be signed during May or June and will be for an inital fixed period of 3 years with go-live projected to be in the second half of 2022 with an expected positive contribution from fourth quarter of 2022 onwards.