Key Milestone Achieved: GiG Partners with Solaire Resorts
In a significant development for the gaming industry, Gaming Innovation Group Software Plc (GiG), a prominent B2B igaming technology provider, has secured a long-term agreement with Bloomberry Resorts Corporation, the parent company of Solaire Resorts. This partnership marks GiG’s first foray into the Asian igaming market, setting the stage for exciting advancements in online gaming in the Philippines.
Solaire Resorts: A Leader in the Philippine Gaming Landscape
Bloomberry Resorts Corporation operates Solaire Resort Entertainment City, the first premium and luxury hotel and gaming resort in Metro Manila. Alongside its flagship property, the company also manages Solaire Resort North and Solaire Online. With a strong foothold in the Philippines and investments extending to South Korea, Bloomberry has positioned itself as a market leader in the Asia-Pacific region. The company’s commitment to providing world-class entertainment and gaming experiences has solidified its reputation as a premier resort developer.
GiG’s Cutting-Edge Technology Solutions
As part of the new agreement, GiG will provide Bloomberry and the Solaire brand with access to its suite of best-in-class technology solutions. This includes GiG’s scalable igaming platform, CoreX, which is designed to enhance the online gaming experience significantly. Additionally, Bloomberry will leverage GiG’s advanced AI tools, LogicX and DataX, which are set to revolutionize the way Solaire engages with its customers.
The integration of these technologies will allow Solaire to optimize its online gaming offerings, making them more appealing and accessible to players. With the gaming industry increasingly leaning towards automation and AI, this partnership positions Solaire at the forefront of innovation in the sector.
The Role of AI in Enhancing Gaming Experiences
The incorporation of GiG’s AI tools, DataX and LogicX, is particularly noteworthy. These dynamic AI solutions utilize advanced machine learning models to enhance decision-making processes and rule-building. For Solaire, this means improved player acquisition strategies and enhanced customer retention efforts. As the online gaming landscape becomes more competitive, these tools will provide Solaire with a significant edge, allowing them to tailor their offerings to meet the evolving preferences of their players.
The Growing Online Gaming Market in the Philippines
The online gaming market in the Philippines is on a steady upward trajectory. With revenues projected to reach $865 million by 2029, the sector is expected to expand at a compound annual growth rate (CAGR) of 4.9% between 2024 and 2029. According to the Philippine Amusement and Gaming Corporation (PAGCOR), the online gaming industry is anticipated to attract over 18 million users by 2029. This growth presents a lucrative opportunity for both GiG and Bloomberry as they collaborate to capture a larger share of this burgeoning market.
Strategic Growth for GiG
Richard Carter, CEO of GiG, expressed enthusiasm about this landmark agreement, stating, “This is a landmark moment for GiG as we enter the Asian igaming market for the first time and continue to deliver on our strategic objectives, enlarging our total addressable market.” His comments highlight the significance of this partnership not just for GiG, but for the broader landscape of online gaming in Asia. With GiG’s expertise in navigating evolving regulatory environments and Bloomberry’s established market presence, the partnership is poised to capitalize on the region’s growing online gaming sector.
Conclusion
The partnership between GiG and Solaire Resorts represents a pivotal moment in the evolution of online gaming in the Philippines. With cutting-edge technology and a commitment to innovation, both companies are set to redefine the gaming experience for players in the region. As the online gaming market continues to expand, this collaboration will undoubtedly play a crucial role in shaping the future of igaming in Asia.