In a significant move, TG Lab, a renowned provider in the iGaming industry, has successfully launched its comprehensive turnkey online casino, sportsbook, and agency solution with Casino du Liban, a prominent land-based casino in Lebanon and the Middle East.
The strategic collaboration enables Casino du Liban, which holds exclusivity over land-based gaming in Lebanon, to offer a complete online sports betting and casino experience to its players. This marks the introduction of Casino du Liban as the official iGaming site for Lebanon’s rapidly expanding market of over 6 million individuals.
Analysts anticipate a substantial growth potential for the regulated iGaming market in Lebanon, with projections estimating its worth between $500 million to $1 billion in the forthcoming years. The growth of this sector is expected to channel substantial funds back to the government via the 50% gaming tax levied on the operator.
Roland Khoury, Chairman and General Manager of Casino du Liban commented, “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.”
“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,” he added.
The deal with TG Lab, which includes agent software, will also provide major upsides to local Lebanese businesses such as retailers with market growth benefitting all stakeholders.
Ugnius Simelionis, CEO of TG Lab 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.”
