GiG Subsidiary iGaming Cloud Gets Casino Service License in New Jersey

  • New Jersey's DGE issued CSIE license after a two-year waiting period
  • 2018 application saw GiG support Hard Rock International's NJ casino operations
  • CSIE will permit iGaming Cloud to offer real-money online casino platform solutions
  • This is the latest outcome of a strategic venture between GiG and Hard Rock
Branded guitar sculpture outside the Hard Rock hotel and casino in Atlantic City
GiG subsidiary iGaming Cloud received a permanent casino service license from the New Jersey Division of Gaming Enforcement following a wait of over two years. [Image: Shutterstock.com]

License issued two years after application

iGaming Cloud Inc., a subsidiary of Gaming Innovation Group (GiG), has received a permanent casino service industry enterprise (CSIE) license from the New Jersey Division of Gaming Enforcement (DGE).

initial application was submitted in June 2018

The license comes after the initial application was submitted in June 2018, with GiG supporting Hard Rock International’s casino operations in the Garden State under what is termed “transactional waiver”, pending final approval.

GiG tweeted the news of its New Jersey success on Wednesday:

Granted for five years, the CSIE certification licenses GiG’s iGaming Cloud to provide operators in the state with its “real-money online casino platform solution”.

GiG describes itself as a technology company “providing solutions, products and services throughout the entire value chain in the iGaming industry”. It operates out of the European country of Malta and is listed on the Oslo Stock Exchange and NASDAQ Stockholm.

Consolidating US presence

CEO of GiG Richard Brown said his company was delighted to receive the CSIE permit following what was “a long and comprehensive process”. He added that the achievement “gives us a solid confirmation that our platform, procedures and operations are meeting the highest standards.”

The announcement means GiG is steadily consolidating its US presence, following the launch of its mobile sportsbook at Hard Rock Hotel & Casino Sioux City in December 2019.

GiG and Hard Rock on a roll

GiG and Hard Rock International first signed a strategic agreement in February 2018. Kresimir Spajic, Hard Rock’s SPV and MD of online gaming and sports betting, outlined in a press release at the time the company’s “ambitious plan to become a global leader in the international online gaming space”.

Hard Rock’s online casino would be “a stand-out product”

GiG’s former CEO, Robin Reed, promised that Hard Rock’s online casino would be “a stand-out product with the sizzle of the Hard Rock music, entertainment and lifestyle brand.”

Hard Rock launched its online GiG-powered sportsbook in early 2019, allowing New Jersey customers to bet using the HardRockSports.com website and the Hard Rock Casino mobile apps. GiG software also powers the in-person interface at Hard Rock’s Atlantic City casino.

The granting of the CSIE permit is set to accelerate the transatlantic business partnership’s New Jersey plans.