For the past 26 years the skilled and Amateur Sports Protection Act (PASPA) has broadly prohibited sports betting in the US.
GiG embraces the repeal of the national US sports betting ban. The repeal of the US sports betting ban enables all countries to decide on their various regulation of sports betting. The marketplace anticipates some countries to move quickly with many being prepared to open up to sports betting this season.
This decision further affirms GIG’s concentrate on growth in controlled markets, ethics in sports and responsible gaming. The repeal is perfectly timed using the innovative preparations made out of GiG´s spouse Hard Rock International, the program for the New Jersey license and the launch of the Company’s proprietary and cutting edge sports betting services this month.
GiG CEO, Robin Reed — ‘We’re convinced we will have a fair and fun merchandise to thrill and engage the US consumer’
GiG has been planning for this change also is well underway in its own trainings to capitalise on the Company´s unique position. This market opportunity will probably be high priority for GiG. The Company will continue to invest and add resource to further develop and position its B2B merchandise for that which will be a highly competitive US marketplace.