Online gambling solutions innovator Gaming Innovation Group Incorporated has announced that its recently-established GIG Games subsidiary has paid €360,000 ($439,900) in order to acquire a 36% stake in Asian games studio D-Tech.
Gaming Innovation Group Incorporated explained that Hong Kong-headquartered D-Tech is due to launch its inaugural Year of the Dog five-reel online video slot next month and has plans to premiere an additional nine titles before the end of the year.
As part of the acquisition, Gaming Innovation Group Incorporated stated that it is to be supplied with eight of these games on an exclusive basis with the titles subsequently integrated directly into the remote server solution from its GIG Games subordinate. The Malta-based firm proclaimed that these titles are to be branded by the subsidiary and offered to players via its own online casino brands before being made available to a wider European audience at a later date.
Mathias Larsson, Managing Director for GIG Games, declared that he was ‘very happy with this investment’ before describing the team at D-Tech as ‘industry veterans and masters of their craft’ that will produce ‘great games’.
“Investing in an Asian game studio helps us build games for Asian players in Europe, effectively increasing our output in number of games per year to match the volume of larger game providers in the industry,” read a statement from Larsson.
For his part, Harmen Brenninkmeijer from D-Tech proclaimed that he was ‘excited’ by the chance to partner with GIG Games as the deal is to provide his firm with ‘a fantastic opportunity to team up with the leading innovative iGaming operator’ while it concentrates on ‘building games for Asian players’.