NEW YORK, USA — Gaming Technologies, Inc. (OTCQB: GMGT) (“Gametech”), a software platform provider and owner of the Mexico-based interactive regulated online casino and sports betting and gaming brand www.Vale.mx, announced today it has selected WPP’s Grey, one of the world´s top advertising and marketing organizations, for the development and introduction of all Gametech brands, including Vale, in Latin America and the U.S.
Grey will lead the assignment out of its Ecuador office in collaboration with other international agency partners, and take responsibility for brand strategy, digital, performance, and integrated marketing efforts.
Starting with the launch of a new interface for their platform in Mexico, Gametech is currently working on developing different markets to bring a new experience in entertainment, from online gaming, online casino to sports betting for the region.
Commenting on the announcement, Jason Drummond, founder and CEO of Gametech, stated, “We are excited to be working with the fantastic team at Grey. Their fresh approach to marketing and branding in the online gaming industry is a perfect fit for Gametech’s ambitious growth plans for Vale. They filled our need of having a world-class creative agency with offices throughout Latin American and the U.S. to support the launch of Vale in new markets, with a goal to sign up millions of new players.”
Eduardo Maruri, VP. Global Creative Board of GREY stated: “It´s really exciting to be working with GAMETECH, a leading gaming company, with an original proposition. I am sure together we will be able to create a very compelling and innovative journey for its brands now that they are entering Latin America”
The agency efforts will be led by Santiago Crespo, Grey Ecuador’s Chief Innovation Officer, along with a top multidisciplinary team, to deliver the best creative and strategic work for Vale.
Gametech partnered with Big Bola Casinos, one of Mexico’s largest licensed land-based casinos, under Big Bola’s existing SEGOB license to launch Vale.mx in Mexico in March 2021. Big Bola is one of only 14 operators legally authorized to offer legal betting and online casino services in Mexico.
Vale.mx has many of the best new online premium casino games available, which can be enjoyed on mobile or via desktop. Vale.mx has surpassed more than 85,000 registered players and player registrations continue to increase by approximately 1,000 per day.
In May, Gametech announced a one-year endorsement and brand ambassadorship agreement with Mexican boxing champion and icon, Saul “Canelo” Alvarez, to help promote and endorse the Vale brand in the United States and Latin America. As part of that agreement, Canelo wore boxing shorts that prominently displayed the Vale logo during his super middleweight title fight against the WBO titleholder, Billy Joe Saunders this past May. The international endorsement deal with Canelo also includes TV commercials, advertising, and social media posts.
Mexico is the leading gaming market in Latin America. The country is ranked as the 12th largest market worldwide and is regarded as one of the fastest-growing gaming markets, benefitting from being the only market next to the United States to offer legal limited casino gaming. ResearchAndMarkets.com recently issued a report stating the global online gambling market is expected to reach USD $127.3 billion by 2027, registering a CAGR of 11.5% from 2020 to 2027. According to studies, Mexico has around 55.8 million players, who spent approximately USD $1.6 billion in 2018 and USD $1.8 billion in 2019.
