TG Lab, a prominent software development studio, has partnered up with the iconic Casino du Liban, the landmark casino of Lebanon and the Middle East, Newswire reports.
The B2B deal will enable the developer to officially launch its state-of-the-art online casino, sports book and other solutions together with the top-tier land-based casino operator which will use the deal to operate the first official online gaming site in Lebanon.
Scope of Supply:
Under the terms and conditions of the agreement, TG Lab will supply sportsbook and casino technology, as well as its advanced software and the associated developments. The partnership will simultaneously facilitate the legendary Casino du Liban to launch a wide array of online sports wagering and casino facilities. The land-based operator will reportedly avail of the partnership to launch an official gaming site and ensure a comprehensive player experience.
Market Potential:
The customer base for the exclusive land-based gaming operator currently refers to the market of around 6 million people who will now have the opportunity to access the operator’s online arm for an outstanding experience. At the same time, the legal gaming market in Lebanon has a reported potential of UD$500m to $1bn within a few forthcoming years which would generate considerable tax revenues for the government as the gaming tax currently amounts to 50% for operators, according to the source.
Leading Technology:
Roland Khoury, Chairman and General Manager of Casino du Liban, reportedly said: “As the exclusive casino in the country it is our responsibility to ensure that players have the best possible experience at our land-based venue and now online. With TG Lab as our platform partner, we can do just that. This news will also hopefully eliminate the illegal online market in Lebanon, with players now having access to a place where they can play online safely and securely.”
Khoury added: “We undertook a very competitive RFP process and TG Lab emerged as the leader to provide the platform and technology for our online sportsbook and casino.”
Unlocking Huge Gaming Potential:
As indicated above, TG Lab will provide software and developments such as retailers that will bring benefits to Lebanese businesses and other participants in the supply chain.
Commenting on the partnership, Ugnius Simelionis, CEO of TG Lab, reportedly said: “We are truly honoured to have been chosen by Casino du Liban to power its online sportsbook and casino.It really is an iconic brand, and we look forward to helping the operator unlock the huge potential of legal online gaming in Lebanon through the combination of its prestigious name and our cutting-edge technology.”