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Gaming Innovation Group Enters iGaming Market of Serbia Through Rizk Casino

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September 9th, 2023
Back Gaming Innovation Group Enters iGaming Market of Serbia Through Rizk Casino

Gaming Innovation Group, a leading iGaming solutions provider is happy to report on another expansion into the new online casino market. This time, the corporation announces its debut entry into the market of Serbia, via one of its most popular brands Rizk Casino.

Previous months were also marked with a significant growth, as the company entered numerous new territories. Portugal, Maryland US, Argentina, and Germany are just some of the markets where the renowned corporation started running its business.

Expanding into New and Emerging Markets

As far as the stats presented by H2 Gambling Capital reveal, Serbian online gaming revenue is expected to generate approximately €120m in 2023. Over the next four years, the country is expected to have an annual growth rate of over 8% which confirms that GiG’s strategic decision was a wise one.

Marcel Elfersy, Chief Commercial Officer at GiG commented on the debut as follows:

Serbia and the wider CEE region is an important focus of growth for us, having built a full suite of tailorable platform and sportsbook solutions well suited to meet and exceed the expectations that leading operators have from their platform partners.”

Worth mentioning is that in June this year, Rizk Casino had a similar launch in Germany. This strategic move confirmed that the company’s services are compliant with the regulations imposed by the country’s new nationalized online gaming authority.

Mutually Beneficial Partnership

In February 2022, GiG signed an extension of the long-term agreement with Betsson Group for the provision of customer services across a variety of markets. Signed for three years, the contract encompasses some of the Group’s most active brands such as Rizk, Guts, Kaboo, and Thrills.

A couple of months after the deal was signed, in August, Gaming Innovation Group and Betsson Group, got the opportunity to provide its award-winning platform in Colombia. Showing a jaw-dropping growth of 120% YoY, Columbia is classified as one of the fastest-growing markets.

Finest Selection of Games + Abundance of Bonuses

Operating since 2016, Rizk Casino instantly became a huge hit thanks to its immersive superhero-inspired interface and attractive offering.

First of all- the games. Knowing that Greentube, Play’n GO, Relax Gaming, and Pragmatic Play are among its associates, one can be sure that there are plenty of adventures to choose from.

As for the bonuses, there are packages aimed at newly-joined clients as well as daily deals and Drops & Wins. Players also have the chance to spin the Wheel of Rizk and collect all kinds of freebies, such as casino spins, jackpots, and so on.

An important detail to mention is that in the same year when the launch took place, the operator was nominated for the EGR’s 2016 ‘Socially Responsible Operator’ award. One of the crucial reasons for that was the operator’s Withdrawal Lock feature, which makes it impossible for players to reverse their withdrawal requests.

Speaking of payments, Rizk Casino supports cards, e-wallets, and bank transfers. Payments are processed either instantly or within 1 to 3 business days, depending on the method selected.

Source:

“Gaming Innovation Group powers Rizk debut in Serbia”, gig.com, September 7, 2023.

“Serbian online gaming revenue is expected to generate approximately €120m in 2023”

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