Betway partners with GiG to start in Portugal.

Gaming Innovation Group is supporting Betway's entry into the Portuguese online sports betting scene, marking their second partnership in the country.

Portugal strong gaming regulations present growth opportunities, evidenced by a 30% YoY increase, reaching €658.6m in online gaming revenue for 2022.

GiG Chief Business Officer, expresses pride in their collaboration with Betway emphasizing the productdevelopment for the Portuguese market.

 

[CR7]

The partnership between Gaming Innovation Group (GiG) and Betway to enter the Portuguese online sports betting market is an exciting development in the industry. This is the second collaboration between these two companies in Portugal, which showcases the potential that the Portuguese market holds.

Portugal has strong gaming regulations, which provide a secure and regulated environment for online gambling operators. This has contributed to significant growth in the industry, with online gaming revenue reaching €658.6 million in 2022, representing a 30% year-on-year increase. These impressive figures underscore the attractiveness of the Portuguese market and the opportunities it offers to operators like Betway.

GiG's Chief Business Officer, expresses pride in their collaboration with Betway, highlighting the focus on product development specifically tailored for the Portuguese market. This underscores the importance of understanding the local market dynamics and providing a customized experience that resonates with Portuguese customers.

By partnering with GiG, Betway can leverage the expertise and technology offered by GiG to enhance their offering in the Portuguese market. GiG is known for its comprehensive solutions in the iGaming industry, including their advanced sports betting platform. Their collaboration with Betway indicates the confidence Betway has in GiG's capabilities to support their entry into the Portuguese market.

Overall, this partnership is a significant development that will enable Betway to tap into the growing online sports betting market in Portugal. With strong gaming regulations and increasing revenue, the Portuguese market presents attractive growth opportunities, and the collaboration between Betway and GiG is set to benefit both companies in their pursuit of success in this market.

 

[Nii]

Betway is making deep forays into some markets that it was oblivious before. They started bit by bit and have been doing aggressive marketing. They are now easily among the first five betting companies in Africa.