Gaming Corps AB (publ), known simply as Gaming Corps, has recently secured a noteworthy development contract with a well-established global iGaming Group. This agreement, valued at approximately MSEK 7, spans a 12-month period. It involves the creation of between five to seven new games, with the final number depending on its complexity and functionality. These games will be developed using Gaming Corps' Remote Game Server (RGS), which enables efficient distribution through the company’s extensive network.
The agreement signifies an important strategic step for the customer, who is planning broad marketing campaigns in anticipation of the first game's release. The initial game project is set to begin immediately, and this collaboration is not expected to negatively impact Gaming Corps' previously scheduled game production. Additionally, the partnership includes a profit distribution arrangement, aligning the interests of both companies.
Gaming Corps is also preparing for the global launch of "Snoop's High Rollers." This game was previously released exclusively on Roobet, but on October 3, 2024, it will be available worldwide. The global release will be supported by an extensive marketing campaign, underscoring Gaming Corps' dedication to broadening its market reach and enhancing its game portfolio.
Development Contract with iGaming Group
The recent development contract between Gaming Corps and the global iGaming Group represents a significant milestone for the company. The agreement, valued at around MSEK 7, will span a year and involves the creation of five to seven new games. The number of games will depend on their complexity and functionality. These games will be developed using Gaming Corps' Remote Game Server (RGS), a technology that facilitates efficient distribution through the company’s extensive network.
This strategic partnership is crucial for the iGaming Group, which is planning extensive marketing campaigns ahead of the release of the first game.
The initial game project will commence immediately, and the collaboration is not expected to negatively impact Gaming Corps' previously planned game production. The agreement also includes a profit distribution arrangement, which further aligns the interests of both companies.
In addition to the new development contract, Gaming Corps is preparing for the global launch of "Snoop's High Rollers." This game, which was previously released exclusively on Roobet, will be available worldwide on October 3, 2024. The global release will be supported by a comprehensive marketing campaign, highlighting Gaming Corps' commitment to expanding its market presence and enhancing its game portfolio.
Snoop's High Rollers is a premium slot game that has already garnered attention in its exclusive release. The game's transition to a global audience marks a significant step for Gaming Corps, as it seeks to broaden its reach and appeal to a wider range of players. The extensive marketing campaign accompanying the global launch underscores the company's dedication to ensuring the game's success on a larger scale.
Broader Strategic Implications
The recent activities of Gaming Corps, including the development contract with a major global partner and the global launch of Snoop's High Rollers, reflect the company's strategic efforts to strengthen its position in the iGaming industry. The partnership with the well-established global iGaming Group not only brings financial value but also opens new avenues for collaboration and innovation.
"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.
Source:
''Gaming Corps ingår avtal till ett initialt ordervärde om cirka 7 MSEK för spelutveckling till en väletablerad global iGamingkoncern'', gamingcorps.com, August 02, 2024.
