Gaming Corps AB has received an order for the development of a number of games for a well-established global iGaming Group, with an initial order value of approximately MSEK 7 over a 12-month period.
The agreement with the well-established global iGaming Group initially runs at a value of MSEK 7 over a 12-month period and relates to the development of 5-7 games, depending on the complexity and functionality of the games. The games are developed via Gaming Corp’s RGS (Remote Game Server) in order to be distributed through Gaming Corp’s wide distribution network.
The new joint venture is an important strategic step for the customer, who also plans to carry out broad marketing campaigns ahead of the release of the first game.
The first game project will begin immediately, the collaboration is not planned to have any negative impact on Gaming Corp’s previously planned game production.
In addition to the order value, there is also a profit distribution contracted between the companies.
“The initial order value in this collaboration is at a level that has a significant impact on our revenue, and the potential in the discussions we are having is even greater than that. It is very exciting for us and is a great acknowledgement of the hard work we have put into building a strong distribution network over the past few years. We also hope to be able to cost-effectively scale this concept with other game studios going forward,” says Juha Kauppinen, CEO of Gaming Corps.
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