New Zealand-based casino operator SkyCity Entertainment Group has chosen Gaming Innovation Group (GiG) to power its new online gambling business.
In March, SkyCity announced that it planned to launch its first real-money online casino product at some point later this year. On Tuesday, the company’s SKYCITY Malta Ltd subsidiary announced a “long-term agreement” with GiG, which will provide its turnkey online casino solution, including a gambling license.
That last part is key, because while New Zealand allows limited forms of online wagering through the New Zealand TAB and local lotteries, the country has yet to authorize any domestic online casinos. The New Zealand Department for Internal Affairs recently warned consumers that internationally licensed gaming sites using dot-nz domains and displaying official government seals were most definitely operating without the government’s approval.
SkyCity’s GiG-powered online casino will operate from Malta under GiG’s Malta Gaming Authority license (and using a dot-com address). The launch is planned for sometime in Q3 2019, so GiG cautioned that there won’t be a material impact on its revenues this year, although there will be a “significant positive contribution” from 2020 onwards.